MetroCity Bankshares
MCBS
38 hedge funds and large institutions have $69.3M invested in MetroCity Bankshares in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
18% more capital invested
Capital invested by funds: $58.5M → $69.3M (+$10.8M)
6% more funds holding
Funds holding: 36 → 38 (+2)
0.62% more ownership
Funds ownership: 14.85% → 15.46% (+0.62%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.87M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$616K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$336K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$261K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$523K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$517K |
| 3 |
Two Sigma Investments
New York
|
-$495K |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
-$364K |
| 5 |
State Street
Boston,
Massachusetts
|
-$210K |
MCBS Hedge Fund Activity: Q2 2021 in Review
38 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q2 2021, worth a combined $69.3M — up 18% from $58.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MCBS positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was Bank of America, adding an estimated $2.87M. The largest seller was JP Morgan Chase, cutting an estimated $523K.
- 38 institutional investors held MetroCity Bankshares (MCBS) as of Q2 2021, up from 36 in Q1 2021.
- Funds reported $69.3M of MetroCity Bankshares stock for Q2 2021, up 18% quarter-over-quarter.
- 7 funds opened new MetroCity Bankshares positions in Q2 2021 and 5 closed out, a net change of +2 holders.
- The largest MetroCity Bankshares buyer in Q2 2021 was Bank of America, an estimated $2.87M added.
- The largest MetroCity Bankshares seller in Q2 2021 was JP Morgan Chase, an estimated $523K sold.
Based on aggregated 13F filings for Q2 2021.