Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
43 hedge funds and large institutions have $26.7M invested in Macatawa Bank Corp in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 9 closing their positions.
58% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 12
6% less capital invested
Capital invested by funds: $28.3M → $26.7M (-$1.59M)
16% less funds holding
Funds holding: 51 → 43 (-8)
89% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$1.15M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$104K |
| 3 |
Renaissance Technologies
New York
|
+$80.5K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$56.3K |
| 5 |
NPF
Norris Perne & French
Grand Rapids,
Michigan
|
+$54.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$416K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$235K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$223K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$118K |
| 5 |
PMFA
Plante Moran Financial Advisors
Southfield,
Michigan
|
-$94.7K |
MCBC Hedge Fund Activity: Q3 2014 in Review
43 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q3 2014, worth a combined $26.7M — down 5.6% from $28.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MCBC and 1 opened new positions — a net loss of 8 holders — while 12 trimmed existing stakes and 19 added.
The largest buyer was Basswood Capital Management, adding an estimated $1.15M. The largest seller was Citadel Advisors, exiting entirely with an estimated $416K sold.
- 43 institutional investors held Macatawa Bank Corp (MCBC) as of Q3 2014, down from 51 in Q2 2014.
- Funds reported $26.7M of Macatawa Bank Corp stock for Q3 2014, down 5.6% quarter-over-quarter.
- 1 fund opened new Macatawa Bank Corp positions in Q3 2014 and 9 closed out, a net change of -8 holders.
- The largest Macatawa Bank Corp buyer in Q3 2014 was Basswood Capital Management, an estimated $1.15M added.
- The largest Macatawa Bank Corp seller in Q3 2014 was Citadel Advisors, an estimated $416K sold.
Based on aggregated 13F filings for Q3 2014.