Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
87 hedge funds and large institutions have $127M invested in Macatawa Bank Corp in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 39 increasing their positions, 14 reducing their positions, and 6 closing their positions.
179% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 14
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $116M → $127M (+$11.1M)
7% more funds holding
Funds holding: 81 → 87 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
+$1.17M |
| 2 |
Renaissance Technologies
New York
|
+$1.03M |
| 3 |
State Street
Boston,
Massachusetts
|
+$710K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$535K |
| 5 |
Bank of New York Mellon
New York
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WDL
Well Done LLC
Holland,
Michigan
|
-$4.1M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$732K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$355K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$201K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
-$169K |
MCBC Hedge Fund Activity: Q4 2019 in Review
87 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q4 2019, worth a combined $127M — up 9.6% from $116M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MCBC positions and 6 closed out — a net gain of 7 holders — while 39 added to existing stakes and 14 trimmed.
The largest buyer was Maltese Capital Management, adding an estimated $1.17M. The largest seller was Well Done LLC, cutting an estimated $4.1M.
- 87 institutional investors held Macatawa Bank Corp (MCBC) as of Q4 2019, up from 81 in Q3 2019.
- Funds reported $127M of Macatawa Bank Corp stock for Q4 2019, up 9.6% quarter-over-quarter.
- 13 funds opened new Macatawa Bank Corp positions in Q4 2019 and 6 closed out, a net change of +7 holders.
- The largest Macatawa Bank Corp buyer in Q4 2019 was Maltese Capital Management, an estimated $1.17M added.
- The largest Macatawa Bank Corp seller in Q4 2019 was Well Done LLC, an estimated $4.1M sold.
Based on aggregated 13F filings for Q4 2019.