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MetroCity Bankshares

32 hedge funds and large institutions have $45.4M invested in MetroCity Bankshares in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 13

0.55% less ownership

Funds ownership: 13.98%13.42% (-0.55%)

11% less capital invested

Capital invested by funds: $51M → $45.4M (-$5.63M)

14% less funds holding

Funds holding: 3732 (-5)

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
32
Holders Change
-5
Holders Change %
-13.51%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
13
Reduced
13
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$12.6M -$282K -20,830 -2%
Vanguard Group
2
Vanguard Group
Pennsylvania
$11.1M +$240K +17,728 +2%
Manulife (Manufacturers Life Insurance)
3
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.18M -$45.4K -3,357 -1%
State Street
4
State Street
Massachusetts
$3.17M +$208K +15,370 +7%
Geode Capital Management
5
Geode Capital Management
Massachusetts
$2.79M +$24.3K +1,798 +0.9%
Northern Trust
6
Northern Trust
Illinois
$2.55M +$96.8K +7,160 +4%
AllianceBernstein
7
AllianceBernstein
Tennessee
$1.92M -$819K -60,580 -29%
Charles Schwab
8
Charles Schwab
California
$1.67M +$5.77K +427 +0.3%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$1.38M +$3.74K +277 +0.3%
N
10
Nuveen
North Carolina
$684K +$84K +6,215 +14%
Wells Fargo
11
Wells Fargo
California
$648K +$85.4K +6,322 +15%
California Public Employees Retirement System
12
California Public Employees Retirement System
California
$524K +$20.3K +1,500 +4%
California State Teachers Retirement System (CalSTRS)
13
California State Teachers Retirement System (CalSTRS)
California
$345K +$22.1K +1,633 +7%
RhumbLine Advisers
14
RhumbLine Advisers
Massachusetts
$253K -$45.8K -3,390 -15%
TRCT
15
Tower Research Capital (TRC)
New York
$236K +$196K +14,493 +418%
Russell Investments Group
16
Russell Investments Group
United Kingdom
$212K
New York State Common Retirement Fund
17
New York State Common Retirement Fund
New York
$188K
AIG
18
American International Group
New York
$136K -$3.18K -235 -2%
JP Morgan Chase
19
JP Morgan Chase
New York
$129K -$78.8K -5,833 -37%
MIM
20
MetLife Investment Management
New Jersey
$121K
Deutsche Bank
21
Deutsche Bank
Germany
$116K +$11.4K +844 +11%
MAM
22
Meeder Asset Management
Ohio
$111K +$1.23K +91 +1%
Barclays
23
Barclays
United Kingdom
$105K -$21.3K -1,578 -16%
Bank of America
24
Bank of America
North Carolina
$98K -$13.3K -981 -12%
MLICM
25
Metropolitan Life Insurance Company (MetLife)
New York
$83.8K

MCBS Hedge Fund Activity: Q3 2020 in Review

32 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q3 2020, worth a combined $45.4M — down 11% from $51M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of MCBS and 1 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 13 added.

The largest buyer was Vanguard Group, adding an estimated $240K. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.01M sold.

  • 32 institutional investors held MetroCity Bankshares (MCBS) as of Q3 2020, down from 37 in Q2 2020.
  • Funds reported $45.4M of MetroCity Bankshares stock for Q3 2020, down 11% quarter-over-quarter.
  • 1 fund opened new MetroCity Bankshares positions in Q3 2020 and 6 closed out, a net change of -5 holders.
  • The largest MetroCity Bankshares buyer in Q3 2020 was Vanguard Group, an estimated $240K added.
  • The largest MetroCity Bankshares seller in Q3 2020 was Goldman Sachs, an estimated $1.01M sold.

Based on aggregated 13F filings for Q3 2020.