Mechanics Bancorp
MCHB
135 hedge funds and large institutions have $625M invested in Mechanics Bancorp in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 64 increasing their positions, 38 reducing their positions, and 18 closing their positions.
68% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 38
1.12% more ownership
Funds ownership: 79.66% → 80.78% (+1.1%)
1% more capital invested
Capital invested by funds: $621M → $625M (+$4.15M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 144 → 135 (-9)
39% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$8.71M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$8.15M |
| 3 |
Bank of New York Mellon
New York
|
+$6.56M |
| 4 |
BCM
Basswood Capital Management
New York
|
+$6.1M |
| 5 |
BCM
BHZ Capital Management
San Jose,
California
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$8.35M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$6.32M |
| 3 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$4.6M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.91M |
| 5 |
3C
361 Capital
Denver,
Colorado
|
-$2.14M |
MCHB Hedge Fund Activity: Q1 2018 in Review
135 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q1 2018, worth a combined $625M — up 0.67% from $621M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MCHB and 11 opened new positions — a net loss of 7 holders — while 38 trimmed existing stakes and 64 added.
The largest buyer was Schneider Capital Management, adding an estimated $8.71M. The largest seller was Victory Capital Management, cutting an estimated $8.35M.
- 135 institutional investors held Mechanics Bancorp (MCHB) as of Q1 2018, down from 144 in Q4 2017.
- Funds reported $625M of Mechanics Bancorp stock for Q1 2018, up 0.67% quarter-over-quarter.
- 11 funds opened new Mechanics Bancorp positions in Q1 2018 and 18 closed out, a net change of -7 holders.
- The largest Mechanics Bancorp buyer in Q1 2018 was Schneider Capital Management, an estimated $8.71M added.
- The largest Mechanics Bancorp seller in Q1 2018 was Victory Capital Management, an estimated $8.35M sold.
Based on aggregated 13F filings for Q1 2018.