Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
48 hedge funds and large institutions have $26M invested in Macatawa Bank Corp in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 11 closing their positions.
9% less funds holding
Funds holding: 53 → 48 (-5)
10% less capital invested
Capital invested by funds: $29M → $26M (-$2.97M)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SO
STRS Ohio
Columbus,
Ohio
|
+$268K |
| 2 |
State Street
Boston,
Massachusetts
|
+$259K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$129K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$79.1K |
| 5 |
CB
Chemical Bank
Detroit,
Michigan
|
+$65.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
-$274K |
| 2 |
Renaissance Technologies
New York
|
-$268K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$170K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$140K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BGIM
51
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
| – | -$79K | -14,600 | Closed |
|
52
JP Morgan Chase
New York
| – | -$74K | -13,780 | Closed |
|
53
Two Sigma Investments
New York
| – | -$74K | -13,774 | Closed |
|
54
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$59K | -10,900 | Closed |
|
55
Principal Financial Group
Des Moines,
Iowa
| – | -$55K | -10,266 | Closed |
|
|
RFC
56
Russell Frank Company
Seattle,
Washington
| – | -$37K | -6,857 | Closed |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$14K | -2,513 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$8K | -1,479 | Closed |
|
59
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -402 | Closed |
|
MCBC Hedge Fund Activity: Q4 2013 in Review
48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q4 2013, worth a combined $26M — down 10% from $29M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MCBC and 7 opened new positions — a net loss of 4 holders — while 15 trimmed existing stakes and 13 added.
The largest buyer was STRS Ohio, adding an estimated $268K. The largest seller was Shepherd Kaplan Krochuk, exiting entirely with an estimated $274K sold.
- 48 institutional investors held Macatawa Bank Corp (MCBC) as of Q4 2013, down from 53 in Q3 2013.
- Funds reported $26M of Macatawa Bank Corp stock for Q4 2013, down 10% quarter-over-quarter.
- 7 funds opened new Macatawa Bank Corp positions in Q4 2013 and 11 closed out, a net change of -4 holders.
- The largest Macatawa Bank Corp buyer in Q4 2013 was STRS Ohio, an estimated $268K added.
- The largest Macatawa Bank Corp seller in Q4 2013 was Shepherd Kaplan Krochuk, an estimated $274K sold.
Based on aggregated 13F filings for Q4 2013.