Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
63 hedge funds and large institutions have $88M invested in Macatawa Bank Corp in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 28 increasing their positions, 15 reducing their positions, and 4 closing their positions.
87% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $91.5M → $88M (-$3.5M)
5% less funds holding
Funds holding: 66 → 63 (-3)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$732K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$503K |
| 3 |
BlackRock
New York
|
+$348K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$337K |
| 5 |
Millennium Management
New York
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$2.01M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
-$649K |
| 3 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$550K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$328K |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$289K |
MCBC Hedge Fund Activity: Q2 2017 in Review
63 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q2 2017, worth a combined $88M — down 3.8% from $91.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MCBC and 2 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 28 added.
The largest buyer was Panagora Asset Management, adding an estimated $732K. The largest seller was O'Shaughnessy Asset Management, cutting an estimated $2.01M.
- 63 institutional investors held Macatawa Bank Corp (MCBC) as of Q2 2017, down from 66 in Q1 2017.
- Funds reported $88M of Macatawa Bank Corp stock for Q2 2017, down 3.8% quarter-over-quarter.
- 2 funds opened new Macatawa Bank Corp positions in Q2 2017 and 4 closed out, a net change of -2 holders.
- The largest Macatawa Bank Corp buyer in Q2 2017 was Panagora Asset Management, an estimated $732K added.
- The largest Macatawa Bank Corp seller in Q2 2017 was O'Shaughnessy Asset Management, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2017.