Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
103 hedge funds and large institutions have $122M invested in Macatawa Bank Corp in 2021 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 34 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
22% more capital invested
Capital invested by funds: $99.9M → $122M (+$21.9M)
10% more funds holding
Funds holding: 94 → 103 (+9)
6% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$2.57M |
| 2 |
BlackRock
New York
|
+$1.46M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.11M |
| 4 |
JAM
Jacobs Asset Management
New York
|
+$963K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$1.08M |
| 2 |
LCM
LVM Capital Management
Portage,
Michigan
|
-$881K |
| 3 |
ZCM
Zebra Capital Management
Stamford,
Connecticut
|
-$830K |
| 4 |
Renaissance Technologies
New York
|
-$718K |
| 5 |
State Street
Boston,
Massachusetts
|
-$714K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
101
American International Group
New York
| $152 | +$367 | +40 | +0.3% |
|
102
Nisa Investment Advisors
St. Louis,
Missouri
| $40 | – | – | – |
|
|
LCM
103
LVM Capital Management
Portage,
Michigan
| – | -$881K | -105,306 | Closed |
|
|
WCM
104
Wedge Capital Management
Charlotte,
North Carolina
| – | -$429K | -51,233 | Closed |
|
105
Citadel Advisors
Miami,
Florida
| – | -$264K | -31,457 | Closed |
|
106
Squarepoint
New York
| – | -$128K | -15,352 | Closed |
|
|
RCAG
107
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$109K | -13,000 | Closed |
|
|
NPF
108
Norris Perne & French
Grand Rapids,
Michigan
| – | -$94K | -11,184 | Closed |
|
|
PWPS
109
Pinnacle Wealth Planning Services
Mansfield,
Ohio
| – | -$60K | -7,188 | Closed |
|
MCBC Hedge Fund Activity: Q1 2021 in Review
103 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2021, worth a combined $122M — up 22% from $99.9M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MCBC positions and 7 closed out — a net gain of 9 holders — while 36 added to existing stakes and 34 trimmed.
The largest buyer was Rhino Investment Partners, opening a new position worth an estimated $2.57M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $1.08M.
- 103 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2021, up from 94 in Q4 2020.
- Funds reported $122M of Macatawa Bank Corp stock for Q1 2021, up 22% quarter-over-quarter.
- 16 funds opened new Macatawa Bank Corp positions in Q1 2021 and 7 closed out, a net change of +9 holders.
- The largest Macatawa Bank Corp buyer in Q1 2021 was Rhino Investment Partners, an estimated $2.57M added.
- The largest Macatawa Bank Corp seller in Q1 2021 was Elizabeth Park Capital Advisors, an estimated $1.08M sold.
Based on aggregated 13F filings for Q1 2021.