MetroCity Bankshares
MCBS
32 hedge funds and large institutions have $45.4M invested in MetroCity Bankshares in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
0.55% less ownership
Funds ownership: 13.98% → 13.42% (-0.55%)
11% less capital invested
Capital invested by funds: $51M → $45.4M (-$5.63M)
14% less funds holding
Funds holding: 37 → 32 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$240K |
| 2 |
State Street
Boston,
Massachusetts
|
+$208K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$196K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$96.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$85.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.01M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$819K |
| 3 |
BlackRock
New York
|
-$282K |
| 4 |
SG Americas Securities
New York
|
-$135K |
| 5 |
JP Morgan Chase
New York
|
-$78.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $20K | -$51.7K | -3,827 | -72% |
|
27
Legal & General Group
London,
United Kingdom
| $20K | -$7.58K | -561 | -27% |
|
|
AIP
28
Ameritas Investment Partners
Lincoln,
Nebraska
| $18K | – | – | – |
|
29
Citigroup
New York
| $12K | -$20.9K | -1,544 | -64% |
|
30
Bank of Montreal
Toronto,
Ontario, Canada
| $11K | -$7.66K | -567 | -41% |
|
31
Federated Hermes
Pittsburgh,
Pennsylvania
| $5K | +$4.76K | +352 | New |
|
32
Canada Life
Winnipeg,
Manitoba, Canada
| $2K | -$4.2K | -311 | -65% |
|
|
33
Goldman Sachs
New York
| – | -$1.01M | -70,631 | Closed |
|
|
34
SG Americas Securities
New York
| – | -$135K | -9,386 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$78K | -5,463 | Closed |
|
|
SO
36
STRS Ohio
Columbus,
Ohio
| – | -$58K | -4,100 | Closed |
|
|
RA
37
Royce & Associates
New York
| – | -$40K | -2,809 | Closed |
|
|
RWB
38
RMR Wealth Builders
Montclair,
New Jersey
| – | -$10K | -675 | Closed |
|
MCBS Hedge Fund Activity: Q3 2020 in Review
32 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q3 2020, worth a combined $45.4M — down 11% from $51M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MCBS and 1 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 13 added.
The largest buyer was Vanguard Group, adding an estimated $240K. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.01M sold.
- 32 institutional investors held MetroCity Bankshares (MCBS) as of Q3 2020, down from 37 in Q2 2020.
- Funds reported $45.4M of MetroCity Bankshares stock for Q3 2020, down 11% quarter-over-quarter.
- 1 fund opened new MetroCity Bankshares positions in Q3 2020 and 6 closed out, a net change of -5 holders.
- The largest MetroCity Bankshares buyer in Q3 2020 was Vanguard Group, an estimated $240K added.
- The largest MetroCity Bankshares seller in Q3 2020 was Goldman Sachs, an estimated $1.01M sold.
Based on aggregated 13F filings for Q3 2020.