METROCORP BANCSHARES INC
MCBI
MCBI was delisted on the 17th of January, 2014.
56 hedge funds and large institutions have $103M invested in METROCORP BANCSHARES INC in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 15 closing their positions.
7% more capital invested
Capital invested by funds: $96.5M → $103M (+$6.39M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 60 → 56 (-4)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBCM
Schwerin Boyle Capital Management
Springfield,
Massachusetts
|
+$3.19M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.65M |
| 3 |
LOM
Loeb Offshore Management
New York
|
+$1.34M |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$687K |
| 5 |
Bank of New York Mellon
New York
|
+$338K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RBLCM
Roaring Blue Lion Capital Management
Dallas,
Texas
|
-$6.37M |
| 2 |
KIA
King Investment Advisors
Houston,
Texas
|
-$2.48M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
-$1.34M |
| 4 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$1.28M |
| 5 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$966K |
MCBI Hedge Fund Activity: Q4 2013 in Review
56 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in METROCORP BANCSHARES INC (MCBI) for Q4 2013, worth a combined $103M — up 6.6% from $96.5M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCBI and 11 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Schwerin Boyle Capital Management, opening a new position worth an estimated $3.19M. The largest seller was Roaring Blue Lion Capital Management, exiting entirely with an estimated $6.37M sold.
- 56 institutional investors held METROCORP BANCSHARES INC (MCBI) as of Q4 2013, down from 60 in Q3 2013.
- Funds reported $103M of METROCORP BANCSHARES INC stock for Q4 2013, up 6.6% quarter-over-quarter.
- 11 funds opened new METROCORP BANCSHARES INC positions in Q4 2013 and 15 closed out, a net change of -4 holders.
- The largest METROCORP BANCSHARES INC buyer in Q4 2013 was Schwerin Boyle Capital Management, an estimated $3.19M added.
- The largest METROCORP BANCSHARES INC seller in Q4 2013 was Roaring Blue Lion Capital Management, an estimated $6.37M sold.
Based on aggregated 13F filings for Q4 2013.