Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
68 hedge funds and large institutions have $107M invested in Macatawa Bank Corp in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 22 reducing their positions, and 7 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 22
6% more capital invested
Capital invested by funds: $100M → $107M (+$6.16M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 71 → 68 (-3)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.62M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$549K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$542K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$506K |
| 5 |
Renaissance Technologies
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$437K |
| 2 |
BlackRock
New York
|
-$436K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$355K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$224K |
| 5 |
SIM
Spark Investment Management
New York
|
-$170K |
MCBC Hedge Fund Activity: Q1 2018 in Review
68 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2018, worth a combined $107M — up 6.1% from $100M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MCBC and 4 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 25 added.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $2.62M. The largest seller was Millennium Management, cutting an estimated $437K.
- 68 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2018, down from 71 in Q4 2017.
- Funds reported $107M of Macatawa Bank Corp stock for Q1 2018, up 6.1% quarter-over-quarter.
- 4 funds opened new Macatawa Bank Corp positions in Q1 2018 and 7 closed out, a net change of -3 holders.
- The largest Macatawa Bank Corp buyer in Q1 2018 was Elizabeth Park Capital Advisors, an estimated $2.62M added.
- The largest Macatawa Bank Corp seller in Q1 2018 was Millennium Management, an estimated $437K sold.
Based on aggregated 13F filings for Q1 2018.