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MetroCity Bankshares

55 hedge funds and large institutions have $92.9M invested in MetroCity Bankshares in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 20 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

7% more capital invested

Capital invested by funds: $87M → $92.9M (+$5.93M)

6% more funds holding

Funds holding: 5255 (+3)

0% more repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 20

0.67% less ownership

Funds ownership: 19.34%18.67% (-0.67%)

Holders
55
Holders Change
+3
Holders Change %
+5.77%
% of All Funds
0.87%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
20
Reduced
20
Closed
2
Calls
$19K
Puts
Net Calls
+$19K
Net Calls Change
+$19K
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
26
UBS AM
Illinois
$276K
EWM
27
Empirical Wealth Management
Washington
$257K +$38.6K +1,936 +17%
JP Morgan Chase
28
JP Morgan Chase
New York
$256K -$114K -5,722 -31%
UBS Group
29
UBS Group
Switzerland
$248K -$6.28K -315 -2%
Legal & General Group
30
Legal & General Group
United Kingdom
$244K -$4.36K -219 -2%
Mariner
31
Mariner
Kansas
$229K +$232K +11,647 New
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$219K +$15.6K +781 +8%
HWAM
33
Hennion & Walsh Asset Management
New Jersey
$219K -$4.98K -250 -2%
AllianceBernstein
34
AllianceBernstein
Tennessee
$204K +$2.59K +130 +1%
Deutsche Bank
35
Deutsche Bank
Germany
$183K +$64.6K +3,240 +53%
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$182K
AIG
37
American International Group
New York
$180K +$6.47K +325 +4%
MIM
38
MetLife Investment Management
New Jersey
$177K
SG Americas Securities
39
SG Americas Securities
New York
$170K +$172K +8,655 New
Barclays
40
Barclays
United Kingdom
$127K -$13.9K -699 -10%
Wells Fargo
41
Wells Fargo
California
$88.9K -$48.7K -2,442 -35%
Zurich Cantonal Bank
42
Zurich Cantonal Bank
Switzerland
$44.5K
AB
43
Amalgamated Bank
New York
$40K +$7.37K +370 +22%
AIP
44
Ameritas Investment Partners
Nebraska
$35.5K +$8.71K +437 +32%
TRCT
45
Tower Research Capital (TRC)
New York
$27.7K +$6.74K +338 +32%
MLICM
46
Metropolitan Life Insurance Company (MetLife)
New York
$20.4K
Allspring Global Investments
47
Allspring Global Investments
North Carolina
$17.3K +$17.5K +878 New
Canada Life
48
Canada Life
Manitoba, Canada
$16K
Qube Research & Technologies (QRT)
49
Qube Research & Technologies (QRT)
United Kingdom
$14.4K +$14.6K +734 New
Fidelity Investments
50
Fidelity Investments
Massachusetts
$11.3K +$359 +18 +3%

MCBS Hedge Fund Activity: Q3 2023 in Review

55 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q3 2023, worth a combined $92.9M — up 6.8% from $87M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MCBS positions and 2 closed out — a net gain of 4 holders — while 20 added to existing stakes and 20 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $623K. The largest seller was Vanguard Group, cutting an estimated $1.25M.

  • 55 institutional investors held MetroCity Bankshares (MCBS) as of Q3 2023, up from 52 in Q2 2023.
  • Funds reported $92.9M of MetroCity Bankshares stock for Q3 2023, up 6.8% quarter-over-quarter.
  • 6 funds opened new MetroCity Bankshares positions in Q3 2023 and 2 closed out, a net change of +4 holders.
  • The largest MetroCity Bankshares buyer in Q3 2023 was Dimensional Fund Advisors, an estimated $623K added.
  • The largest MetroCity Bankshares seller in Q3 2023 was Vanguard Group, an estimated $1.25M sold.

Based on aggregated 13F filings for Q3 2023.