Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
91 hedge funds and large institutions have $124M invested in Macatawa Bank Corp in 2022 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 35 increasing their positions, 31 reducing their positions, and 8 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 31
6% more capital invested
Capital invested by funds: $117M → $124M (+$7.33M)
3% less funds holding
Funds holding: 94 → 91 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$2.14M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.23M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$871K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.13M |
| 3 |
BlackRock
New York
|
-$484K |
| 4 |
Renaissance Technologies
New York
|
-$400K |
| 5 |
Morgan Stanley
New York
|
-$373K |
MCBC Hedge Fund Activity: Q1 2022 in Review
91 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q1 2022, worth a combined $124M — up 6.3% from $117M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MCBC and 5 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 35 added.
The largest buyer was Rhino Investment Partners, adding an estimated $2.14M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $1.26M sold.
- 91 institutional investors held Macatawa Bank Corp (MCBC) as of Q1 2022, down from 94 in Q4 2021.
- Funds reported $124M of Macatawa Bank Corp stock for Q1 2022, up 6.3% quarter-over-quarter.
- 5 funds opened new Macatawa Bank Corp positions in Q1 2022 and 8 closed out, a net change of -3 holders.
- The largest Macatawa Bank Corp buyer in Q1 2022 was Rhino Investment Partners, an estimated $2.14M added.
- The largest Macatawa Bank Corp seller in Q1 2022 was Fourthstone LLC, an estimated $1.26M sold.
Based on aggregated 13F filings for Q1 2022.