Metropolitan Bank Holding Corp
120 hedge funds and large institutions have $328M invested in Metropolitan Bank Holding Corp in 2023 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 61 increasing their positions, 30 reducing their positions, and 43 closing their positions.
103% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 30
8.97% more ownership
Funds ownership: 79.47% → 88.43% (+9%)
15% less funds holding
Funds holding: 142 → 120 (-22)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less capital invested
Capital invested by funds: $488M → $328M (-$160M)
46% less call options, than puts
Call options by funds: $18.5M | Put options by funds: $34.1M
49% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$15.2M |
| 2 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$13.6M |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$10.5M |
| 4 |
D.E. Shaw & Co
New York
|
+$6.71M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$6.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$44.6M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$5.03M |
| 3 |
MOACM
Mutual of America Capital Management
New York
|
-$3.23M |
| 4 |
JC
JCSD Capital
Walnut Creek,
California
|
-$3.17M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.67M |
MCB Hedge Fund Activity: Q1 2023 in Review
120 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q1 2023, worth a combined $328M — down 33% from $488M a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of MCB and 22 opened new positions — a net loss of 21 holders — while 30 trimmed existing stakes and 61 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $15.2M. The largest seller was Macquarie Group, exiting entirely with an estimated $44.6M sold.
- 120 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q1 2023, down from 142 in Q4 2022.
- Funds reported $328M of Metropolitan Bank Holding Corp stock for Q1 2023, down 33% quarter-over-quarter.
- 22 funds opened new Metropolitan Bank Holding Corp positions in Q1 2023 and 43 closed out, a net change of -21 holders.
- The largest Metropolitan Bank Holding Corp buyer in Q1 2023 was Adage Capital Partners, an estimated $15.2M added.
- The largest Metropolitan Bank Holding Corp seller in Q1 2023 was Macquarie Group, an estimated $44.6M sold.
Based on aggregated 13F filings for Q1 2023.