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MetroCity Bankshares

52 hedge funds and large institutions have $87M invested in MetroCity Bankshares in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 16 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 16

12% more capital invested

Capital invested by funds: $77.8M → $87M (+$9.21M)

1.23% more ownership

Funds ownership: 18.11%19.34% (+1.2%)

0% more funds holding

Funds holding: 5252 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

Holders
52
Holders Change
Holders Change %
0%
% of All Funds
0.82%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
22
Reduced
16
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Los Angeles Capital Management
26
Los Angeles Capital Management
California
$321K -$6.71K -400 -2%
CS
27
Credit Suisse
Switzerland
$279K -$872 -52 -0.3%
UBS AM
28
UBS AM
Illinois
$239K
Bank of America
29
Bank of America
North Carolina
$231K -$38.3K -2,280 -15%
UBS Group
30
UBS Group
Switzerland
$231K +$92.5K +5,513 +75%
Legal & General Group
31
Legal & General Group
United Kingdom
$226K +$74.8K +4,457 +55%
HWAM
32
Hennion & Walsh Asset Management
New Jersey
$203K +$191K +11,363 New
EWM
33
Empirical Wealth Management
Washington
$199K +$14.4K +860 +8%
Royal Bank of Canada
34
Royal Bank of Canada
Ontario, Canada
$186K +$22.8K +1,360 +15%
AllianceBernstein
35
AllianceBernstein
Tennessee
$183K +$172K +10,250 New
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$165K -$235 -14 -0.2%
MIM
37
MetLife Investment Management
New Jersey
$161K
AIG
38
American International Group
New York
$157K -$1.85K -110 -1%
Barclays
39
Barclays
United Kingdom
$128K -$35.8K -2,134 -23%
Wells Fargo
40
Wells Fargo
California
$125K +$60.7K +3,615 +108%
Deutsche Bank
41
Deutsche Bank
Germany
$109K -$97.2K -5,795 -49%
Citigroup
42
Citigroup
New York
$106K +$91.5K +5,454 +1,143%
Zurich Cantonal Bank
43
Zurich Cantonal Bank
Switzerland
$40.4K
AB
44
Amalgamated Bank
New York
$30K -$6.9K -411 -20%
AIP
45
Ameritas Investment Partners
Nebraska
$24.4K
TRCT
46
Tower Research Capital (TRC)
New York
$19.1K +$3.99K +238 +29%
MLICM
47
Metropolitan Life Insurance Company (MetLife)
New York
$18.6K
Canada Life
48
Canada Life
Manitoba, Canada
$14K
Fidelity Investments
49
Fidelity Investments
Massachusetts
$9.97K +$5.96K +355 +175%
C
50
Covestor
United Kingdom
$1K +$419 +25 +83%

MCBS Hedge Fund Activity: Q2 2023 in Review

52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q2 2023, worth a combined $87M — up 12% from $77.8M a quarter earlier.

Fund positioning in MCBS was balanced in Q2 2023: 5 funds opened new positions, 5 closed out, 22 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.28M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $186K sold.

  • 52 institutional investors held MetroCity Bankshares (MCBS) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $87M of MetroCity Bankshares stock for Q2 2023, up 12% quarter-over-quarter.
  • 5 funds opened new MetroCity Bankshares positions in Q2 2023 and 5 closed out, a net change of 0 holders.
  • The largest MetroCity Bankshares buyer in Q2 2023 was Morgan Stanley, an estimated $1.28M added.
  • The largest MetroCity Bankshares seller in Q2 2023 was Two Sigma Investments, an estimated $186K sold.

Based on aggregated 13F filings for Q2 2023.