Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
104 hedge funds and large institutions have $144M invested in Macatawa Bank Corp in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 37 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
3% more funds holding
Funds holding: 101 → 104 (+3)
5% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 37
15% less capital invested
Capital invested by funds: $170M → $144M (-$25.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$2.74M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.12M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$1.05M |
| 4 |
JP Morgan Chase
New York
|
+$956K |
| 5 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$829K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.42M |
| 2 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$3.77M |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.47M |
| 5 |
BlackRock
New York
|
-$675K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FFA
101
Farther Finance Advisors
San Francisco,
California
| $752 | – | – | – |
|
|
FHA
102
First Horizon Advisors
Memphis,
Tennessee
| $395 | – | – | – |
|
|
AWM
103
Avior Wealth Management
Omaha,
Nebraska
| $88 | +$92 | +9 | New |
|
104
SG Americas Securities
New York
| – | -$164K | -14,535 | Closed |
|
105
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$161K | -14,297 | Closed |
|
106
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$116K | -10,256 | Closed |
|
107
US Bancorp
Minneapolis,
Minnesota
| – | -$55.1K | -4,881 | Closed |
|
108
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$33.8K | -3,000 | Closed |
|
|
GWS
109
Glassman Wealth Services
Vienna,
Virginia
| – | -$1.68K | -149 | Closed |
|
|
C
110
Covestor
London,
United Kingdom
| – | -$225 | -22 | -47% |
|
111
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$56 | -5 | Closed |
|
MCBC Hedge Fund Activity: Q1 2024 in Review
104 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2024, worth a combined $144M — down 15% from $170M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MCBC positions and 7 closed out — a net gain of 3 holders — while 35 added to existing stakes and 37 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $2.74M. The largest seller was Morgan Stanley, cutting an estimated $4.42M.
- 104 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2024, up from 101 in Q4 2023.
- Funds reported $144M of Macatawa Bank Corp stock for Q1 2024, down 15% quarter-over-quarter.
- 10 funds opened new Macatawa Bank Corp positions in Q1 2024 and 7 closed out, a net change of +3 holders.
- The largest Macatawa Bank Corp buyer in Q1 2024 was Maltese Capital Management, an estimated $2.74M added.
- The largest Macatawa Bank Corp seller in Q1 2024 was Morgan Stanley, an estimated $4.42M sold.
Based on aggregated 13F filings for Q1 2024.