Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
70 hedge funds and large institutions have $112M invested in Macatawa Bank Corp in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 29 increasing their positions, 21 reducing their positions, and 5 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 21
5% more capital invested
Capital invested by funds: $107M → $112M (+$5.27M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
3% less funds holding
Funds holding: 72 → 70 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$1.12M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$779K |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$685K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$452K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$623K |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$325K |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$150K |
| 4 |
Two Sigma Investments
New York
|
-$133K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$119K |
MCBC Hedge Fund Activity: Q2 2019 in Review
70 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q2 2019, worth a combined $112M — up 4.9% from $107M a quarter earlier.
Fund positioning in MCBC was balanced in Q2 2019: 5 funds opened new positions, 5 closed out, 29 added to existing stakes and 21 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $1.12M. The largest seller was Morgan Stanley, cutting an estimated $623K.
- 70 institutional investors held Macatawa Bank Corp (MCBC) as of Q2 2019, down from 72 in Q1 2019.
- Funds reported $112M of Macatawa Bank Corp stock for Q2 2019, up 4.9% quarter-over-quarter.
- 5 funds opened new Macatawa Bank Corp positions in Q2 2019 and 5 closed out, a net change of 0 holders.
- The largest Macatawa Bank Corp buyer in Q2 2019 was Nuveen, an estimated $1.12M added.
- The largest Macatawa Bank Corp seller in Q2 2019 was Morgan Stanley, an estimated $623K sold.
Based on aggregated 13F filings for Q2 2019.