Metropolitan Bank Holding Corp
70 hedge funds and large institutions have $177M invested in Metropolitan Bank Holding Corp in 2018 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 14 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.43% less ownership
Funds ownership: 53.93% → 52.5% (-1.4%)
5% less funds holding
Funds holding: 74 → 70 (-4)
24% less capital invested
Capital invested by funds: $232M → $177M (-$54.8M)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$2.38M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.35M |
| 3 |
State Street
Boston,
Massachusetts
|
+$838K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$689K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$596K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.74M |
| 2 |
Millennium Management
New York
|
-$2.52M |
| 3 |
ClearBridge Investments
New York
|
-$1.92M |
| 4 |
Two Sigma Investments
New York
|
-$1.56M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$1.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
76
PDT Partners
New York
| – | -$299K | -5,700 | Closed |
|
77
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$292K | -5,571 | Closed |
|
|
OAM
78
Oxford Asset Management
Oxford,
United Kingdom
| – | -$283K | -5,395 | Closed |
|
|
ECM
79
Element Capital Management
New York
| – | -$230K | -4,386 | Closed |
|
80
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$10K | -200 | Closed |
|
|
CCA
81
Catalyst Capital Advisors
Huntington,
New York
| – | -$9K | -170 | Closed |
|
|
PIA
82
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$6K | -113 | Closed |
|
83
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$5K | -88 | Closed |
|
|
CAM
84
ClariVest Asset Management
San Diego,
California
| – | -$1K | -16 | Closed |
|
MCB Hedge Fund Activity: Q3 2018 in Review
70 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q3 2018, worth a combined $177M — down 24% from $232M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MCB and 10 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 27 added.
The largest buyer was Basswood Capital Management, adding an estimated $2.38M. The largest seller was Wasatch Advisors, cutting an estimated $2.74M.
- 70 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q3 2018, down from 74 in Q2 2018.
- Funds reported $177M of Metropolitan Bank Holding Corp stock for Q3 2018, down 24% quarter-over-quarter.
- 10 funds opened new Metropolitan Bank Holding Corp positions in Q3 2018 and 14 closed out, a net change of -4 holders.
- The largest Metropolitan Bank Holding Corp buyer in Q3 2018 was Basswood Capital Management, an estimated $2.38M added.
- The largest Metropolitan Bank Holding Corp seller in Q3 2018 was Wasatch Advisors, an estimated $2.74M sold.
Based on aggregated 13F filings for Q3 2018.