Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
92 hedge funds and large institutions have $132M invested in Macatawa Bank Corp in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 42 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
2% more funds holding
Funds holding: 90 → 92 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less capital invested
Capital invested by funds: $146M → $132M (-$13.4M)
33% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$935K |
| 2 |
KTA
Keeley-Teton Advisors
Chicago,
Illinois
|
+$628K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$378K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$320K |
| 5 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$743K |
| 2 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$651K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
-$566K |
| 4 |
Millennium Management
New York
|
-$397K |
| 5 |
BlackRock
New York
|
-$345K |
MCBC Hedge Fund Activity: Q2 2023 in Review
92 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q2 2023, worth a combined $132M — down 9.2% from $146M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MCBC positions and 4 closed out — a net gain of 2 holders — while 28 added to existing stakes and 42 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $935K. The largest seller was Morgan Stanley, cutting an estimated $743K.
- 92 institutional investors held Macatawa Bank Corp (MCBC) as of Q2 2023, up from 90 in Q1 2023.
- Funds reported $132M of Macatawa Bank Corp stock for Q2 2023, down 9.2% quarter-over-quarter.
- 6 funds opened new Macatawa Bank Corp positions in Q2 2023 and 4 closed out, a net change of +2 holders.
- The largest Macatawa Bank Corp buyer in Q2 2023 was AllianceBernstein, an estimated $935K added.
- The largest Macatawa Bank Corp seller in Q2 2023 was Morgan Stanley, an estimated $743K sold.
Based on aggregated 13F filings for Q2 2023.