Mechanics Bancorp
MCHB
78 hedge funds and large institutions have $176M invested in Mechanics Bancorp in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 15 closing their positions.
5% more capital invested
Capital invested by funds: $168M → $176M (+$7.71M)
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
8% less call options, than puts
Call options by funds: $22K | Put options by funds: $24K
5% less funds holding
Funds holding: 82 → 78 (-4)
27% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$4.4M |
| 2 |
BCM
Basswood Capital Management
New York
|
+$2.55M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.6M |
| 4 |
KSC
Kendall Square Capital
San Francisco,
California
|
+$1.56M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$1.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BHR Capital
New York
|
-$6.59M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.33M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$1.48M |
| 4 |
DCM
Dupont Capital Management
Wilmington,
Delaware
|
-$1.21M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$758K |
MCHB Hedge Fund Activity: Q4 2013 in Review
78 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q4 2013, worth a combined $176M — up 4.6% from $168M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCHB and 11 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 26 added.
The largest buyer was BlackRock Institutional Trust, adding an estimated $4.4M. The largest seller was BHR Capital, exiting entirely with an estimated $6.59M sold.
- 78 institutional investors held Mechanics Bancorp (MCHB) as of Q4 2013, down from 82 in Q3 2013.
- Funds reported $176M of Mechanics Bancorp stock for Q4 2013, up 4.6% quarter-over-quarter.
- 11 funds opened new Mechanics Bancorp positions in Q4 2013 and 15 closed out, a net change of -4 holders.
- The largest Mechanics Bancorp buyer in Q4 2013 was BlackRock Institutional Trust, an estimated $4.4M added.
- The largest Mechanics Bancorp seller in Q4 2013 was BHR Capital, an estimated $6.59M sold.
Based on aggregated 13F filings for Q4 2013.