Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
44 hedge funds and large institutions have $29.3M invested in Macatawa Bank Corp in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 12 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
7% less capital invested
Capital invested by funds: $31.5M → $29.3M (-$2.23M)
15% less funds holding
Funds holding: 52 → 44 (-8)
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$736K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$435K |
| 3 |
Renaissance Technologies
New York
|
+$318K |
| 4 |
Bank of New York Mellon
New York
|
+$113K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$106K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$1.2M |
| 2 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$327K |
| 3 |
Morgan Stanley
New York
|
-$310K |
| 4 |
AGM
Alpine Global Management
New York
|
-$264K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$263K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
51
LMR Partners
London,
United Kingdom
| – | -$90K | -17,052 | Closed |
|
|
TCIM
52
TIAA CREF Investment Management
New York
| – | -$73K | -13,790 | Closed |
|
53
Acadian Asset Management
Boston,
Massachusetts
| – | -$13K | -2,515 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$8K | -1,556 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$2K | -447 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$254 | -48 | -47% |
|
MCBC Hedge Fund Activity: Q3 2015 in Review
44 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q3 2015, worth a combined $29.3M — down 7.1% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MCBC and 4 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was AllianceBernstein, adding an estimated $736K. The largest seller was Northern Trust, cutting an estimated $1.2M.
- 44 institutional investors held Macatawa Bank Corp (MCBC) as of Q3 2015, down from 52 in Q2 2015.
- Funds reported $29.3M of Macatawa Bank Corp stock for Q3 2015, down 7.1% quarter-over-quarter.
- 4 funds opened new Macatawa Bank Corp positions in Q3 2015 and 12 closed out, a net change of -8 holders.
- The largest Macatawa Bank Corp buyer in Q3 2015 was AllianceBernstein, an estimated $736K added.
- The largest Macatawa Bank Corp seller in Q3 2015 was Northern Trust, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2015.