Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
90 hedge funds and large institutions have $75.8M invested in Macatawa Bank Corp in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 34 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 95 → 90 (-5)
18% less capital invested
Capital invested by funds: $92.9M → $75.8M (-$17M)
21% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 34
33% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
+$460K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$444K |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$352K |
| 4 |
Goldman Sachs
New York
|
+$207K |
| 5 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$695K |
| 2 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$642K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$327K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$306K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$3K | -383 | Closed |
|
|
BCA
102
Berman Capital Advisors
Atlanta,
Georgia
| – | -$1K | -179 | Closed |
|
|
PA
103
Parallel Advisors
San Francisco,
California
| – | -$310 | -43 | -57% |
|
MCBC Hedge Fund Activity: Q3 2020 in Review
90 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q3 2020, worth a combined $75.8M — down 18% from $92.9M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCBC and 10 opened new positions — a net loss of 5 holders — while 34 trimmed existing stakes and 27 added.
The largest buyer was Zebra Capital Management, adding an estimated $460K. The largest seller was Royal Bank of Canada, cutting an estimated $695K.
- 90 institutional investors held Macatawa Bank Corp (MCBC) as of Q3 2020, down from 95 in Q2 2020.
- Funds reported $75.8M of Macatawa Bank Corp stock for Q3 2020, down 18% quarter-over-quarter.
- 10 funds opened new Macatawa Bank Corp positions in Q3 2020 and 15 closed out, a net change of -5 holders.
- The largest Macatawa Bank Corp buyer in Q3 2020 was Zebra Capital Management, an estimated $460K added.
- The largest Macatawa Bank Corp seller in Q3 2020 was Royal Bank of Canada, an estimated $695K sold.
Based on aggregated 13F filings for Q3 2020.