MetroCity Bankshares
MCBS
34 hedge funds and large institutions have $31.8M invested in MetroCity Bankshares in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0.34% more ownership
Funds ownership: 10.27% → 10.62% (+0.34%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
3% less funds holding
Funds holding: 35 → 34 (-1)
31% less capital invested
Capital invested by funds: $45.9M → $31.8M (-$14.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$838K |
| 2 |
State Street
Boston,
Massachusetts
|
+$768K |
| 3 |
BlackRock
New York
|
+$598K |
| 4 |
Millennium Management
New York
|
+$400K |
| 5 |
JP Morgan Chase
New York
|
+$331K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$828K |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$427K |
| 3 |
Morgan Stanley
New York
|
-$302K |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$263K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$177K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $54K | +$21.9K | +1,456 | +46% |
|
|
SO
27
STRS Ohio
Columbus,
Ohio
| $48K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $44K | -$28.1K | -1,869 | -33% |
|
|
RA
29
Royce & Associates
New York
| $30K | +$38.4K | +2,554 | New |
|
30
Legal & General Group
London,
United Kingdom
| $23K | -$6.3K | -419 | -17% |
|
|
AIP
31
Ameritas Investment Partners
Lincoln,
Nebraska
| $16K | – | – | – |
|
|
32
Morgan Stanley
New York
| $14K | -$302K | -20,085 | -94% |
|
33
Canada Life
Winnipeg,
Manitoba, Canada
| $6K | +$3.1K | +206 | +74% |
|
|
MAM
34
Meeder Asset Management
Dublin,
Ohio
| $4K | +$4.51K | +300 | New |
|
|
EC
35
EJF Capital
Arlington,
Virginia
| – | -$263K | -15,000 | Closed |
|
|
SSA
36
Schonfeld Strategic Advisors
New York
| – | -$177K | -10,100 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$35K | -1,996 | Closed |
|
38
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$21K | -1,209 | Closed |
|
MCBS Hedge Fund Activity: Q1 2020 in Review
34 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q1 2020, worth a combined $31.8M — down 31% from $45.9M a quarter earlier.
Fund positioning in MCBS was balanced in Q1 2020: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 13 trimmed.
The largest buyer was Cornercap Investment Counsel, opening a new position worth an estimated $838K. The largest seller was Azora Capital LP, cutting an estimated $828K.
- 34 institutional investors held MetroCity Bankshares (MCBS) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $31.8M of MetroCity Bankshares stock for Q1 2020, down 31% quarter-over-quarter.
- 4 funds opened new MetroCity Bankshares positions in Q1 2020 and 4 closed out, a net change of 0 holders.
- The largest MetroCity Bankshares buyer in Q1 2020 was Cornercap Investment Counsel, an estimated $838K added.
- The largest MetroCity Bankshares seller in Q1 2020 was Azora Capital LP, an estimated $828K sold.
Based on aggregated 13F filings for Q1 2020.