Metropolitan Bank Holding Corp
75 hedge funds and large institutions have $130M invested in Metropolitan Bank Holding Corp in 2020 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 38 reducing their positions, and 5 closing their positions.
0.04% more ownership
Funds ownership: 56.35% → 56.38% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 78 → 75 (-3)
13% less capital invested
Capital invested by funds: $149M → $130M (-$19M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
61% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.79M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$711K |
| 3 |
Millennium Management
New York
|
+$516K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$372K |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$177K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Homestead Advisers
Arlington,
Virginia
|
-$1.31M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$450K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$433K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$339K |
| 5 |
Renaissance Technologies
New York
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Victory Capital Management
San Antonio,
Texas
| – | -$196K | -6,100 | Closed |
|
77
SG Americas Securities
New York
| – | -$122K | -3,789 | Closed |
|
|
BGIM
78
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$95K | -2,950 | Closed |
|
79
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -102 | Closed |
|
MCB Hedge Fund Activity: Q3 2020 in Review
75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q3 2020, worth a combined $130M — down 13% from $149M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MCB and 2 opened new positions — a net loss of 3 holders — while 38 trimmed existing stakes and 15 added.
The largest buyer was Patriot Financial Partners, adding an estimated $2.79M. The largest seller was Homestead Advisers, cutting an estimated $1.31M.
- 75 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q3 2020, down from 78 in Q2 2020.
- Funds reported $130M of Metropolitan Bank Holding Corp stock for Q3 2020, down 13% quarter-over-quarter.
- 2 funds opened new Metropolitan Bank Holding Corp positions in Q3 2020 and 5 closed out, a net change of -3 holders.
- The largest Metropolitan Bank Holding Corp buyer in Q3 2020 was Patriot Financial Partners, an estimated $2.79M added.
- The largest Metropolitan Bank Holding Corp seller in Q3 2020 was Homestead Advisers, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2020.