Mechanics Bancorp
MCHB
146 hedge funds and large institutions have $624M invested in Mechanics Bancorp in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 68 increasing their positions, 43 reducing their positions, and 21 closing their positions.
255% more call options, than puts
Call options by funds: $855K | Put options by funds: $241K
58% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 43
1.2% more ownership
Funds ownership: 82.61% → 83.8% (+1.2%)
1% more capital invested
Capital invested by funds: $621M → $624M (+$3.78M)
8% less funds holding
Funds holding: 158 → 146 (-12)
57% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$12.1M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$10.6M |
| 3 |
HHC
Hutchin Hill Capital
New York
|
+$8.92M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$7.34M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$12.5M |
| 2 |
BCM
Basswood Capital Management
New York
|
-$11.1M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.56M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.22M |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$4.3M |
MCHB Hedge Fund Activity: Q2 2017 in Review
146 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2017, worth a combined $624M — up 0.61% from $621M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of MCHB and 9 opened new positions — a net loss of 12 holders — while 43 trimmed existing stakes and 68 added.
The largest buyer was Victory Capital Management, adding an estimated $12.1M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $12.5M sold.
- 146 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2017, down from 158 in Q1 2017.
- Funds reported $624M of Mechanics Bancorp stock for Q2 2017, up 0.61% quarter-over-quarter.
- 9 funds opened new Mechanics Bancorp positions in Q2 2017 and 21 closed out, a net change of -12 holders.
- The largest Mechanics Bancorp buyer in Q2 2017 was Victory Capital Management, an estimated $12.1M added.
- The largest Mechanics Bancorp seller in Q2 2017 was Philadelphia Financial Management of San Francisco, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2017.