MetroCity Bankshares
MCBS
67 hedge funds and large institutions have $142M invested in MetroCity Bankshares in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
10% more funds holding
Funds holding: 61 → 67 (+6)
9% more capital invested
Capital invested by funds: $130M → $142M (+$12.1M)
5% more call options, than puts
Call options by funds: $58K | Put options by funds: $55K
0.7% more ownership
Funds ownership: 20.7% → 21.41% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.44M |
| 2 |
State Street
Boston,
Massachusetts
|
+$576K |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$507K |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$487K |
| 5 |
Goldman Sachs
New York
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$364K |
| 2 |
Invesco
Atlanta,
Georgia
|
-$346K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$308K |
| 4 |
CWM
Cahaba Wealth Management
Atlanta,
Georgia
|
-$244K |
| 5 |
Barclays
London,
United Kingdom
|
-$241K |
MCBS Hedge Fund Activity: Q2 2024 in Review
67 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q2 2024, worth a combined $142M — up 9.3% from $130M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MCBS positions and 4 closed out — a net gain of 7 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was BlackRock, adding an estimated $1.44M. The largest seller was JP Morgan Chase, cutting an estimated $364K.
- 67 institutional investors held MetroCity Bankshares (MCBS) as of Q2 2024, up from 61 in Q1 2024.
- Funds reported $142M of MetroCity Bankshares stock for Q2 2024, up 9.3% quarter-over-quarter.
- 11 funds opened new MetroCity Bankshares positions in Q2 2024 and 4 closed out, a net change of +7 holders.
- The largest MetroCity Bankshares buyer in Q2 2024 was BlackRock, an estimated $1.44M added.
- The largest MetroCity Bankshares seller in Q2 2024 was JP Morgan Chase, an estimated $364K sold.
Based on aggregated 13F filings for Q2 2024.