Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
98 hedge funds and large institutions have $82.7M invested in Macatawa Bank Corp in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 38 reducing their positions, and 4 closing their positions.
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
13% more funds holding
Funds holding: 87 → 98 (+11)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
35% less capital invested
Capital invested by funds: $127M → $82.7M (-$44.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.23M |
| 2 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
+$917K |
| 3 |
JP Morgan Chase
New York
|
+$776K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$703K |
| 5 |
Renaissance Technologies
New York
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$2.22M |
| 2 |
MCM
Maltese Capital Management
New York
|
-$1.32M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$954K |
| 4 |
Morgan Stanley
New York
|
-$409K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$407K |
MCBC Hedge Fund Activity: Q1 2020 in Review
98 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2020, worth a combined $82.7M — down 35% from $127M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new MCBC positions and 4 closed out — a net gain of 13 holders — while 31 added to existing stakes and 38 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $1.23M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $2.22M.
- 98 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2020, up from 87 in Q4 2019.
- Funds reported $82.7M of Macatawa Bank Corp stock for Q1 2020, down 35% quarter-over-quarter.
- 17 funds opened new Macatawa Bank Corp positions in Q1 2020 and 4 closed out, a net change of +13 holders.
- The largest Macatawa Bank Corp buyer in Q1 2020 was Acadian Asset Management, an estimated $1.23M added.
- The largest Macatawa Bank Corp seller in Q1 2020 was Elizabeth Park Capital Advisors, an estimated $2.22M sold.
Based on aggregated 13F filings for Q1 2020.