Mechanics Bancorp
MCHB
162 hedge funds and large institutions have $456M invested in Mechanics Bancorp in 2022 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 56 increasing their positions, 72 reducing their positions, and 20 closing their positions.
2.85% less ownership
Funds ownership: 86.96% → 84.11% (-2.9%)
5% less funds holding
Funds holding: 170 → 162 (-8)
19% less capital invested
Capital invested by funds: $566M → $456M (-$110M)
22% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 72
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NRCM
North Reef Capital Management
Laguna Beach,
California
|
+$5.18M |
| 2 |
Millennium Management
New York
|
+$3.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.19M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.06M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
-$6.4M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6M |
| 3 |
JP Morgan Chase
New York
|
-$5.58M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$5.08M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.98M |
MCHB Hedge Fund Activity: Q3 2022 in Review
162 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q3 2022, worth a combined $456M — down 19% from $566M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of MCHB and 12 opened new positions — a net loss of 8 holders — while 72 trimmed existing stakes and 56 added.
The largest buyer was North Reef Capital Management, opening a new position worth an estimated $5.18M. The largest seller was Elizabeth Park Capital Advisors, cutting an estimated $6.4M.
- 162 institutional investors held Mechanics Bancorp (MCHB) as of Q3 2022, down from 170 in Q2 2022.
- Funds reported $456M of Mechanics Bancorp stock for Q3 2022, down 19% quarter-over-quarter.
- 12 funds opened new Mechanics Bancorp positions in Q3 2022 and 20 closed out, a net change of -8 holders.
- The largest Mechanics Bancorp buyer in Q3 2022 was North Reef Capital Management, an estimated $5.18M added.
- The largest Mechanics Bancorp seller in Q3 2022 was Elizabeth Park Capital Advisors, an estimated $6.4M sold.
Based on aggregated 13F filings for Q3 2022.