MetroCity Bankshares
MCBS
61 hedge funds and large institutions have $130M invested in MetroCity Bankshares in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $123M → $130M (+$7.56M)
2% more funds holding
Funds holding: 60 → 61 (+1)
0.44% more ownership
Funds ownership: 20.26% → 20.7% (+0.44%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$1.03M |
| 2 |
CWM
Cahaba Wealth Management
Atlanta,
Georgia
|
+$955K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$519K |
| 4 |
JP Morgan Chase
New York
|
+$378K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.24M |
| 2 |
Morgan Stanley
New York
|
-$830K |
| 3 |
Barclays
London,
United Kingdom
|
-$297K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$289K |
| 5 |
Jane Street
New York
|
-$250K |
MCBS Hedge Fund Activity: Q1 2024 in Review
61 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in MetroCity Bankshares (MCBS) for Q1 2024, worth a combined $130M — up 6.2% from $123M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MCBS positions and 4 closed out — a net gain of 1 holder — while 19 added to existing stakes and 21 trimmed.
The largest buyer was American Century Companies, adding an estimated $1.03M. The largest seller was BlackRock, cutting an estimated $1.24M.
- 61 institutional investors held MetroCity Bankshares (MCBS) as of Q1 2024, up from 60 in Q4 2023.
- Funds reported $130M of MetroCity Bankshares stock for Q1 2024, up 6.2% quarter-over-quarter.
- 5 funds opened new MetroCity Bankshares positions in Q1 2024 and 4 closed out, a net change of +1 holder.
- The largest MetroCity Bankshares buyer in Q1 2024 was American Century Companies, an estimated $1.03M added.
- The largest MetroCity Bankshares seller in Q1 2024 was BlackRock, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2024.