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MetroCity Bankshares

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.

New
Increased
Maintained
Reduced
Closed

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: 5560 (+5)

2.05% more ownership

Funds ownership: 18.67%20.72% (+2%)

Holders
60
Holders Change
+5
Holders Change %
+9.09%
% of All Funds
0.87%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
7
Increased
25
Reduced
16
Closed
2
Calls
$24K
Puts
Net Calls
+$24K
Net Calls Change
+$5K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$32.7M +$2.78M +130,192 +11%
Vanguard Group
2
Vanguard Group
Pennsylvania
$23.2M +$1.5M +70,536 +8%
Geode Capital Management
3
Geode Capital Management
Massachusetts
$9.28M +$384K +18,022 +5%
State Street
4
State Street
Massachusetts
$9.24M -$94K -4,410 -1%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$7.85M +$493K +23,131 +8%
Manulife (Manufacturers Life Insurance)
6
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$5.57M -$132K -6,199 -3%
Morgan Stanley
7
Morgan Stanley
New York
$5.52M +$3.04M +142,616 +164%
Northern Trust
8
Northern Trust
Illinois
$3.89M +$46.2K +2,167 +1%
Charles Schwab
9
Charles Schwab
California
$3.33M +$9.6K +450 +0.3%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$3.02M -$194K -9,098 -7%
American Century Companies
11
American Century Companies
Missouri
$2.67M +$321K +15,054 +16%
CIA
12
Cape Investment Advisory
Georgia
$1.83M
N
13
Nuveen
North Carolina
$1.56M +$20.6K +964 +2%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.4M -$25.1K -1,175 -2%
BCM
15
Bridgeway Capital Management
Texas
$1.21M +$77.8K +3,648 +8%
EF
16
Empowered Funds
Pennsylvania
$992K +$77.8K +3,648 +10%
Swiss National Bank
17
Swiss National Bank
Switzerland
$897K -$76.8K -3,600 -9%
Invesco
18
Invesco
Georgia
$860K +$282K +13,237 +59%
Goldman Sachs
19
Goldman Sachs
New York
$808K -$51K -2,393 -7%
SHFA
20
Sherrill & Hutchins Financial Advisory
Georgia
$712K +$632K +29,648 New
Barclays
21
Barclays
United Kingdom
$689K +$474K +22,207 +344%
RhumbLine Advisers
22
RhumbLine Advisers
Massachusetts
$657K -$3.11K -146 -0.5%
Bank of America
23
Bank of America
North Carolina
$568K +$151K +7,082 +43%
UBS Group
24
UBS Group
Switzerland
$546K +$216K +10,151 +81%
California State Teachers Retirement System (CalSTRS)
25
California State Teachers Retirement System (CalSTRS)
California
$475K -$21.8K -1,023 -5%

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.