Metropolitan Bank Holding Corp
78 hedge funds and large institutions have $149M invested in Metropolitan Bank Holding Corp in 2020 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 42 increasing their positions, 14 reducing their positions, and 7 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 14
39% more capital invested
Capital invested by funds: $107M → $149M (+$42.3M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
8.37% more ownership
Funds ownership: 47.98% → 56.35% (+8.4%)
3% more funds holding
Funds holding: 76 → 78 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Endicott Management
New York
|
+$17.2M |
| 2 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$3.49M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.86M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$707K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$5.61M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$872K |
| 3 |
Renaissance Technologies
New York
|
-$808K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$629K |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$487K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Federated Hermes
Pittsburgh,
Pennsylvania
| $3K | +$2.71K | +102 | New |
|
|
BAM
77
Bellevue Asset Management
Bellevue,
Washington
| $2K | – | – | – |
|
|
EMFAT
78
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
| – | -$5.61M | -208,258 | Closed |
|
|
HIM
79
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$487K | -18,100 | Closed |
|
80
Millennium Management
New York
| – | -$219K | -8,126 | Closed |
|
81
Two Sigma Investments
New York
| – | -$202K | -7,490 | Closed |
|
|
MAM
82
Meeder Asset Management
Dublin,
Ohio
| – | -$16K | -595 | Closed |
|
83
Rockefeller Capital Management
New York
| – | -$13K | -500 | Closed |
|
84
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -83 | Closed |
|
85
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$186 | +7 | New |
|
MCB Hedge Fund Activity: Q2 2020 in Review
78 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q2 2020, worth a combined $149M — up 39% from $107M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MCB positions and 7 closed out — a net gain of 2 holders — while 42 added to existing stakes and 14 trimmed.
The largest buyer was Endicott Management, opening a new position worth an estimated $17.2M. The largest seller was Emerald Mutual Fund Advisers Trust, exiting entirely with an estimated $5.61M sold.
- 78 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q2 2020, up from 76 in Q1 2020.
- Funds reported $149M of Metropolitan Bank Holding Corp stock for Q2 2020, up 39% quarter-over-quarter.
- 9 funds opened new Metropolitan Bank Holding Corp positions in Q2 2020 and 7 closed out, a net change of +2 holders.
- The largest Metropolitan Bank Holding Corp buyer in Q2 2020 was Endicott Management, an estimated $17.2M added.
- The largest Metropolitan Bank Holding Corp seller in Q2 2020 was Emerald Mutual Fund Advisers Trust, an estimated $5.61M sold.
Based on aggregated 13F filings for Q2 2020.