Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
51 hedge funds and large institutions have $28.6M invested in Macatawa Bank Corp in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $26M → $28.6M (+$2.62M)
6% more funds holding
Funds holding: 48 → 51 (+3)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.39M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$221K |
| 3 |
DIA
Denver Investment Advisors
Denver,
Colorado
|
+$216K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$173K |
| 5 |
State Street
Boston,
Massachusetts
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$105K |
| 2 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
-$99.5K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$72.9K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$70.6K |
| 5 |
Renaissance Technologies
New York
|
-$66.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $40 | -$70.6K | -13,496 | -63% |
|
52
BNP Paribas Financial Markets
Paris,
France
| – | -$1.53K | -307 | Closed |
|
MCBC Hedge Fund Activity: Q1 2014 in Review
51 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2014, worth a combined $28.6M — up 10% from $26M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MCBC positions and 2 closed out — a net gain of 3 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Basswood Capital Management, opening a new position worth an estimated $1.39M. The largest seller was Northern Trust, cutting an estimated $105K.
- 51 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2014, up from 48 in Q4 2013.
- Funds reported $28.6M of Macatawa Bank Corp stock for Q1 2014, up 10% quarter-over-quarter.
- 5 funds opened new Macatawa Bank Corp positions in Q1 2014 and 2 closed out, a net change of +3 holders.
- The largest Macatawa Bank Corp buyer in Q1 2014 was Basswood Capital Management, an estimated $1.39M added.
- The largest Macatawa Bank Corp seller in Q1 2014 was Northern Trust, an estimated $105K sold.
Based on aggregated 13F filings for Q1 2014.