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Metropolitan Bank Holding Corp

116 hedge funds and large institutions have $337M invested in Metropolitan Bank Holding Corp in 2024 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 38 increasing their positions, 33 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 17

15% more repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 33

7% more funds holding

Funds holding: 108116 (+8)

2.1% less ownership

Funds ownership: 81.13%79.04% (-2.1%)

18% less call options, than puts

Call options by funds: $2.34M | Put options by funds: $2.84M

32% less capital invested

Capital invested by funds: $497M → $337M (-$159M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
116
Holders Change
+8
Holders Change %
+7.41%
% of All Funds
1.67%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
26
Increased
38
Reduced
33
Closed
17
Calls
$2.34M
Puts
$2.84M
Net Calls
-$502K
Net Calls Change
+$788K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$38.4M +$111K +2,545 +0.3%
BlackRock
2
BlackRock
New York
$34.2M +$610K +13,941 +2%
PFP
3
Patriot Financial Partners
Pennsylvania
$29.4M +$1.97M +45,000 +6%
T. Rowe Price Investment Management
4
T. Rowe Price Investment Management
Maryland
$24.7M -$15.6M -357,009 -36%
Vanguard Group
5
Vanguard Group
Pennsylvania
$24.2M +$1.2M +27,499 +5%
State Street
6
State Street
Massachusetts
$15.3M +$1.95M +44,656 +13%
Adage Capital Partners
7
Adage Capital Partners
Massachusetts
$15.1M -$397K -9,078 -2%
BCM
8
Basswood Capital Management
New York
$12.1M +$6.82M +155,792 +98%
PRCP
9
Pacific Ridge Capital Partners
Oregon
$10.3M +$165K +3,767 +1%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$9.13M +$362K +8,283 +4%
BFC
11
Banc Funds Company
Illinois
$9.07M
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$8.85M -$370K -8,463 -4%
N
13
Nuveen
North Carolina
$6.81M +$117K +2,670 +2%
American Century Companies
14
American Century Companies
Missouri
$5.93M +$1.48M +33,818 +28%
RIM
15
Ranger Investment Management
Texas
$5.9M +$292K +6,672 +5%
State of Wisconsin Investment Board
16
State of Wisconsin Investment Board
Wisconsin
$4.61M -$70.8K -1,619 -1%
Northern Trust
17
Northern Trust
Illinois
$4.28M -$228K -5,199 -4%
Russell Investments Group
18
Russell Investments Group
United Kingdom
$4.12M -$605K -13,820 -11%
Morgan Stanley
19
Morgan Stanley
New York
$3.84M -$5.16M -117,844 -54%
AQR Capital Management
20
AQR Capital Management
Connecticut
$3.81M +$2.34M +53,584 +118%
Franklin Resources
21
Franklin Resources
California
$3.48M +$3.73M +85,259 +1,677%
AllianceBernstein
22
AllianceBernstein
Tennessee
$3.46M -$1.14M -26,130 -23%
EMFAT
23
Emerald Mutual Fund Advisers Trust
Pennsylvania
$3.41M +$2.09M +47,793 +117%
D.E. Shaw & Co
24
D.E. Shaw & Co
New York
$3.38M -$3.02M -69,041 -44%
Jacobs Levy Equity Management
25
Jacobs Levy Equity Management
New Jersey
$3.19M +$637K +14,547 +21%

MCB Hedge Fund Activity: Q1 2024 in Review

116 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Metropolitan Bank Holding Corp (MCB) for Q1 2024, worth a combined $337M — down 32% from $497M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new MCB positions and 17 closed out — a net gain of 9 holders — while 38 added to existing stakes and 33 trimmed.

The largest buyer was Basswood Capital Management, adding an estimated $6.82M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $15.6M.

  • 116 institutional investors held Metropolitan Bank Holding Corp (MCB) as of Q1 2024, up from 108 in Q4 2023.
  • Funds reported $337M of Metropolitan Bank Holding Corp stock for Q1 2024, down 32% quarter-over-quarter.
  • 26 funds opened new Metropolitan Bank Holding Corp positions in Q1 2024 and 17 closed out, a net change of +9 holders.
  • The largest Metropolitan Bank Holding Corp buyer in Q1 2024 was Basswood Capital Management, an estimated $6.82M added.
  • The largest Metropolitan Bank Holding Corp seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $15.6M sold.

Based on aggregated 13F filings for Q1 2024.