Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
72 hedge funds and large institutions have $107M invested in Macatawa Bank Corp in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 20 reducing their positions, and 9 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 20
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $109M → $107M (-$2.21M)
3% less funds holding
Funds holding: 74 → 72 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$889K |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$717K |
| 3 |
State Street
Boston,
Massachusetts
|
+$618K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$475K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$290K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$6.58M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.47M |
| 3 |
BlackRock
New York
|
-$530K |
| 4 |
Morgan Stanley
New York
|
-$229K |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Invesco
Atlanta,
Georgia
| – | -$117K | -12,157 | Closed |
|
77
Millennium Management
New York
| – | -$113K | -11,722 | Closed |
|
|
SRAM
78
Stone Ridge Asset Management
New York
| – | -$103K | -10,728 | Closed |
|
|
FQ
79
First Quadrant
Glendale,
California
| – | -$22K | -2,281 | Closed |
|
|
TRCT
80
Tower Research Capital (TRC)
New York
| – | -$12K | -1,211 | Closed |
|
81
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$3K | -321 | Closed |
|
MCBC Hedge Fund Activity: Q1 2019 in Review
72 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2019, worth a combined $107M — down 2% from $109M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MCBC and 7 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 28 added.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), opening a new position worth an estimated $889K. The largest seller was Claybrook Capital, exiting entirely with an estimated $6.58M sold.
- 72 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2019, down from 74 in Q4 2018.
- Funds reported $107M of Macatawa Bank Corp stock for Q1 2019, down 2% quarter-over-quarter.
- 7 funds opened new Macatawa Bank Corp positions in Q1 2019 and 9 closed out, a net change of -2 holders.
- The largest Macatawa Bank Corp buyer in Q1 2019 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $889K added.
- The largest Macatawa Bank Corp seller in Q1 2019 was Claybrook Capital, an estimated $6.58M sold.
Based on aggregated 13F filings for Q1 2019.