Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
68 hedge funds and large institutions have $99.9M invested in Macatawa Bank Corp in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
14% more capital invested
Capital invested by funds: $88M → $99.9M (+$11.9M)
8% more funds holding
Funds holding: 63 → 68 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.64M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$592K |
| 3 |
Renaissance Technologies
New York
|
+$507K |
| 4 |
Morgan Stanley
New York
|
+$455K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$443K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$640K |
| 2 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
-$417K |
| 3 |
Millennium Management
New York
|
-$386K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$293K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$136K |
MCBC Hedge Fund Activity: Q3 2017 in Review
68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q3 2017, worth a combined $99.9M — up 14% from $88M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MCBC positions and 2 closed out — a net gain of 5 holders — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $2.64M. The largest seller was AllianceBernstein, cutting an estimated $640K.
- 68 institutional investors held Macatawa Bank Corp (MCBC) as of Q3 2017, up from 63 in Q2 2017.
- Funds reported $99.9M of Macatawa Bank Corp stock for Q3 2017, up 14% quarter-over-quarter.
- 7 funds opened new Macatawa Bank Corp positions in Q3 2017 and 2 closed out, a net change of +5 holders.
- The largest Macatawa Bank Corp buyer in Q3 2017 was Elizabeth Park Capital Advisors, an estimated $2.64M added.
- The largest Macatawa Bank Corp seller in Q3 2017 was AllianceBernstein, an estimated $640K sold.
Based on aggregated 13F filings for Q3 2017.