MetroCity Bankshares
MCBS
52 hedge funds and large institutions have $77.8M invested in MetroCity Bankshares in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 5 closing their positions.
0.19% more ownership
Funds ownership: 17.93% → 18.11% (+0.19%)
4% less funds holding
Funds holding: 54 → 52 (-2)
17% less capital invested
Capital invested by funds: $93.6M → $77.8M (-$15.8M)
20% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 25
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$700K |
| 2 |
State Street
Boston,
Massachusetts
|
+$684K |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$585K |
| 4 |
Morgan Stanley
New York
|
+$89K |
| 5 |
Barclays
London,
United Kingdom
|
+$83.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$941K |
| 2 |
Goldman Sachs
New York
|
-$629K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$541K |
| 4 |
Mariner
Overland Park,
Kansas
|
-$271K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$229K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| $400 | -$1.15K | -59 | -79% |
|
|
52
Mariner
Overland Park,
Kansas
| – | -$271K | -12,507 | Closed |
|
53
Lazard Asset Management
New York
| – | -$65K | -3,047 | Closed |
|
|
GTCM
54
Gyon Technologies Capital Management
Denville,
New Jersey
| – | -$52.6K | -2,433 | Closed |
|
55
Allspring Global Investments
Charlotte,
North Carolina
| – | -$18.1K | -836 | Closed |
|
56
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1K | -45 | Closed |
|
|
CAL
57
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$234 | +12 | New |
|
MCBS Hedge Fund Activity: Q1 2023 in Review
52 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q1 2023, worth a combined $77.8M — down 17% from $93.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MCBS and 3 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 20 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $700K. The largest seller was BlackRock, cutting an estimated $941K.
- 52 institutional investors held MetroCity Bankshares (MCBS) as of Q1 2023, down from 54 in Q4 2022.
- Funds reported $77.8M of MetroCity Bankshares stock for Q1 2023, down 17% quarter-over-quarter.
- 3 funds opened new MetroCity Bankshares positions in Q1 2023 and 5 closed out, a net change of -2 holders.
- The largest MetroCity Bankshares buyer in Q1 2023 was Dimensional Fund Advisors, an estimated $700K added.
- The largest MetroCity Bankshares seller in Q1 2023 was BlackRock, an estimated $941K sold.
Based on aggregated 13F filings for Q1 2023.