Metropolitan Bank Holding Corp
99 hedge funds and large institutions have $322M invested in Metropolitan Bank Holding Corp in 2023 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 31 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $328M → $322M (-$6.04M)
5.68% less ownership
Funds ownership: 88.43% → 82.76% (-5.7%)
18% less funds holding
Funds holding: 120 → 99 (-21)
62% less call options, than puts
Call options by funds: $16.3M | Put options by funds: $42.8M
68% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$8.85M |
| 2 |
Jane Street
New York
|
+$6.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.13M |
| 4 |
PFP
Patriot Financial Partners
Radnor,
Pennsylvania
|
+$2.93M |
| 5 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$15M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$7.39M |
| 3 |
Millennium Management
New York
|
-$6.29M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$3.57M |
| 5 |
Renaissance Technologies
New York
|
-$3.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
US Bancorp
Minneapolis,
Minnesota
| – | -$949 | -28 | Closed |
|
|
BBHC
127
Brown Brothers Harriman & Co
New York
| – | -$881 | -26 | Closed |
|
|
AF
128
Allworth Financial
Folsom,
California
| – | -$611 | -18 | Closed |
|
|
CAL
129
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | -$1K | -18 | Closed |
|
MCB Hedge Fund Activity: Q2 2023 in Review
99 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q2 2023, worth a combined $322M — down 1.8% from $328M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of MCB and 10 opened new positions — a net loss of 21 holders — while 32 trimmed existing stakes and 48 added.
The largest buyer was State Street, adding an estimated $8.85M. The largest seller was M3F Inc, exiting entirely with an estimated $15M sold.
- 99 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q2 2023, down from 120 in Q1 2023.
- Funds reported $322M of Metropolitan Bank Holding Corp stock for Q2 2023, down 1.8% quarter-over-quarter.
- 10 funds opened new Metropolitan Bank Holding Corp positions in Q2 2023 and 31 closed out, a net change of -21 holders.
- The largest Metropolitan Bank Holding Corp buyer in Q2 2023 was State Street, an estimated $8.85M added.
- The largest Metropolitan Bank Holding Corp seller in Q2 2023 was M3F Inc, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2023.