Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
90 hedge funds and large institutions have $106M invested in Macatawa Bank Corp in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 15 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
12% less funds holding
Funds holding: 102 → 90 (-12)
13% less capital invested
Capital invested by funds: $122M → $106M (-$15.3M)
80% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$1.63M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1M |
| 3 |
SCP
Siena Capital Partners
Chicago,
Illinois
|
+$772K |
| 4 |
BlackRock
New York
|
+$422K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$1.41M |
| 2 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$642K |
| 3 |
State Street
Boston,
Massachusetts
|
-$456K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$387K |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$344K |
MCBC Hedge Fund Activity: Q2 2021 in Review
90 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q2 2021, worth a combined $106M — down 13% from $122M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCBC and 3 opened new positions — a net loss of 12 holders — while 34 trimmed existing stakes and 37 added.
The largest buyer was Rhino Investment Partners, adding an estimated $1.63M. The largest seller was Jacobs Asset Management, cutting an estimated $1.41M.
- 90 institutional investors held Macatawa Bank Corp (MCBC) as of Q2 2021, down from 102 in Q1 2021.
- Funds reported $106M of Macatawa Bank Corp stock for Q2 2021, down 13% quarter-over-quarter.
- 3 funds opened new Macatawa Bank Corp positions in Q2 2021 and 15 closed out, a net change of -12 holders.
- The largest Macatawa Bank Corp buyer in Q2 2021 was Rhino Investment Partners, an estimated $1.63M added.
- The largest Macatawa Bank Corp seller in Q2 2021 was Jacobs Asset Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2021.