Macatawa Bank Corp
MCBC
MCBC was delisted on the 31st of July, 2024.
100 hedge funds and large institutions have $170M invested in Macatawa Bank Corp in 2023 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 26 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
31% more capital invested
Capital invested by funds: $129M → $170M (+$40.5M)
31% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 26
6% more funds holding
Funds holding: 94 → 100 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.12M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.01M |
| 3 |
BlackRock
New York
|
+$1.8M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$867K |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$591K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$2.56M |
| 2 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$1.06M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$705K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$382K |
| 5 |
B
Bailard
Foster City,
California
|
-$359K |
MCBC Hedge Fund Activity: Q4 2023 in Review
100 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Macatawa Bank Corp (MCBC) for Q4 2023, worth a combined $170M — up 31% from $129M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MCBC positions and 10 closed out — a net gain of 6 holders — while 34 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.12M. The largest seller was Rhino Investment Partners, cutting an estimated $2.56M.
- 100 institutional investors held Macatawa Bank Corp (MCBC) as of Q4 2023, up from 94 in Q3 2023.
- Funds reported $170M of Macatawa Bank Corp stock for Q4 2023, up 31% quarter-over-quarter.
- 16 funds opened new Macatawa Bank Corp positions in Q4 2023 and 10 closed out, a net change of +6 holders.
- The largest Macatawa Bank Corp buyer in Q4 2023 was Morgan Stanley, an estimated $4.12M added.
- The largest Macatawa Bank Corp seller in Q4 2023 was Rhino Investment Partners, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2023.