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MetroCity Bankshares

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.

New
Increased
Maintained
Reduced
Closed

0.19% more ownership

Funds ownership: 17.93%18.11% (+0.19%)

4% less funds holding

Funds holding: 5452 (-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

Holders
52
Holders Change
-2
Holders Change %
-3.7%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
20
Reduced
25
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$20.7M -$941K -48,217 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$16.3M +$48.9K +2,505 +0.3%
State Street
3
State Street
Massachusetts
$6.44M +$684K +35,068 +10%
Geode Capital Management
4
Geode Capital Management
Massachusetts
$5.79M +$54.2K +2,778 +0.8%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$4.23M +$700K +35,861 +17%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.96M -$541K -27,708 -11%
Northern Trust
7
Northern Trust
Illinois
$2.61M -$97.9K -5,020 -3%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$2.55M -$66.1K -3,388 -2%
Charles Schwab
9
Charles Schwab
California
$2.29M -$49.4K -2,531 -2%
American Century Companies
10
American Century Companies
Missouri
$1.6M +$585K +29,990 +45%
CIA
11
Cape Investment Advisory
Georgia
$1.3M +$1.48M +76,000 New
N
12
Nuveen
North Carolina
$1.13M -$94.6K -4,850 -7%
First Trust Advisors
13
First Trust Advisors
Illinois
$1.04M -$89.2K -4,574 -7%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.02M
Swiss National Bank
15
Swiss National Bank
Switzerland
$700K -$99.5K -5,100 -11%
BCM
16
Bridgeway Capital Management
Texas
$474K -$18.5K -950 -3%
RhumbLine Advisers
17
RhumbLine Advisers
Massachusetts
$467K +$9.64K +494 +2%
Goldman Sachs
18
Goldman Sachs
New York
$457K -$629K -32,258 -55%
Two Sigma Advisers
19
Two Sigma Advisers
New York
$429K -$72.2K -3,700 -13%
California State Teachers Retirement System (CalSTRS)
20
California State Teachers Retirement System (CalSTRS)
California
$402K -$9.97K -511 -2%
Invesco
21
Invesco
Georgia
$392K -$229K -11,714 -34%
Los Angeles Capital Management
22
Los Angeles Capital Management
California
$313K -$197K -10,078 -35%
CS
23
Credit Suisse
Switzerland
$267K +$30.7K +1,573 +11%
Bank of America
24
Bank of America
North Carolina
$260K +$22.9K +1,175 +8%
JP Morgan Chase
25
JP Morgan Chase
New York
$247K -$7.02K -360 -2%

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.