Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
95 hedge funds and large institutions have $92.9M invested in Macatawa Bank Corp in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 11 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
12% more capital invested
Capital invested by funds: $82.7M → $92.9M (+$10.2M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 98 → 95 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.17M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$1.07M |
| 3 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
+$869K |
| 4 |
BlackRock
New York
|
+$703K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$950K |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$527K |
| 3 |
FQ
First Quadrant
Glendale,
California
|
-$414K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$378K |
| 5 |
Millennium Management
New York
|
-$340K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
101
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$19K | -2,800 | Closed |
|
102
Lazard Asset Management
New York
| – | -$13K | -1,849 | Closed |
|
|
DWA
103
Dorsey Wright & Associates
Pasadena,
California
| – | -$7K | -1,000 | Closed |
|
104
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | +$427 | +59 | New |
|
|
PA
105
Parallel Advisors
San Francisco,
California
| – | +$543 | +75 | New |
|
MCBC Hedge Fund Activity: Q2 2020 in Review
95 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q2 2020, worth a combined $92.9M — up 12% from $82.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MCBC and 10 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 39 added.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $1.17M. The largest seller was Morgan Stanley, cutting an estimated $950K.
- 95 institutional investors held Macatawa Bank Corp (MCBC) as of Q2 2020, down from 98 in Q1 2020.
- Funds reported $92.9M of Macatawa Bank Corp stock for Q2 2020, up 12% quarter-over-quarter.
- 10 funds opened new Macatawa Bank Corp positions in Q2 2020 and 11 closed out, a net change of -1 holder.
- The largest Macatawa Bank Corp buyer in Q2 2020 was Assenagon Asset Management, an estimated $1.17M added.
- The largest Macatawa Bank Corp seller in Q2 2020 was Morgan Stanley, an estimated $950K sold.
Based on aggregated 13F filings for Q2 2020.