Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
94 hedge funds and large institutions have $100M invested in Macatawa Bank Corp in 2020 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
32% more capital invested
Capital invested by funds: $76M → $100M (+$24M)
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
4% more funds holding
Funds holding: 90 → 94 (+4)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
+$1.98M |
| 2 |
Morgan Stanley
New York
|
+$1.31M |
| 3 |
LCM
LVM Capital Management
Portage,
Michigan
|
+$813K |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$762K |
| 5 |
BlackRock
New York
|
+$708K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$867K |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$760K |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$689K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$632K |
| 5 |
Renaissance Technologies
New York
|
-$502K |
MCBC Hedge Fund Activity: Q4 2020 in Review
94 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q4 2020, worth a combined $100M — up 32% from $76M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MCBC positions and 7 closed out — a net gain of 5 holders — while 31 added to existing stakes and 28 trimmed.
The largest buyer was Jacobs Asset Management, opening a new position worth an estimated $1.98M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $867K sold.
- 94 institutional investors held Macatawa Bank Corp (MCBC) as of Q4 2020, up from 90 in Q3 2020.
- Funds reported $100M of Macatawa Bank Corp stock for Q4 2020, up 32% quarter-over-quarter.
- 12 funds opened new Macatawa Bank Corp positions in Q4 2020 and 7 closed out, a net change of +5 holders.
- The largest Macatawa Bank Corp buyer in Q4 2020 was Jacobs Asset Management, an estimated $1.98M added.
- The largest Macatawa Bank Corp seller in Q4 2020 was Maltese Capital Management, an estimated $867K sold.
Based on aggregated 13F filings for Q4 2020.