MetroCity Bankshares
MCBS
60 hedge funds and large institutions have $125M invested in MetroCity Bankshares in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 16 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
35% more capital invested
Capital invested by funds: $92.9M → $125M (+$32.6M)
9% more funds holding
Funds holding: 55 → 60 (+5)
2.05% more ownership
Funds ownership: 18.67% → 20.72% (+2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.04M |
| 2 |
BlackRock
New York
|
+$2.78M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.5M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$493K |
| 5 |
Barclays
London,
United Kingdom
|
+$474K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$194K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$132K |
| 3 |
State Street
Boston,
Massachusetts
|
-$94K |
| 4 |
Swiss National Bank
Zurich,
Switzerland
|
-$76.8K |
| 5 |
Goldman Sachs
New York
|
-$51K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MLICM
51
Metropolitan Life Insurance Company (MetLife)
New York
| $24.9K | – | – | – |
|
52
Canada Life
Winnipeg,
Manitoba, Canada
| $19K | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $14.1K | +$235 | +11 | +2% |
|
54
Comerica Bank
Dallas,
Texas
| $3.41K | -$1.07K | -50 | -26% |
|
|
EC
55
EntryPoint Capital
New York
| $1.49K | +$1.32K | +62 | New |
|
56
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$640 | +30 | New |
|
57
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $841 | – | – | – |
|
|
GI
58
GAMMA Investing
Foster City,
California
| $717 | +$640 | +30 | New |
|
59
Nisa Investment Advisors
St. Louis,
Missouri
| $192 | – | – | – |
|
60
Allspring Global Investments
Charlotte,
North Carolina
| – | -$17.3K | -878 | Closed |
|
61
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$14.4K | -734 | Closed |
|
|
C
62
Covestor
London,
United Kingdom
| – | -$64 | -3 | -14% |
|
MCBS Hedge Fund Activity: Q4 2023 in Review
60 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q4 2023, worth a combined $125M — up 35% from $92.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MCBS positions and 2 closed out — a net gain of 5 holders — while 25 added to existing stakes and 16 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.04M. The largest seller was Bank of New York Mellon, cutting an estimated $194K.
- 60 institutional investors held MetroCity Bankshares (MCBS) as of Q4 2023, up from 55 in Q3 2023.
- Funds reported $125M of MetroCity Bankshares stock for Q4 2023, up 35% quarter-over-quarter.
- 7 funds opened new MetroCity Bankshares positions in Q4 2023 and 2 closed out, a net change of +5 holders.
- The largest MetroCity Bankshares buyer in Q4 2023 was Morgan Stanley, an estimated $3.04M added.
- The largest MetroCity Bankshares seller in Q4 2023 was Bank of New York Mellon, an estimated $194K sold.
Based on aggregated 13F filings for Q4 2023.