Mechanics Bancorp
MCHB
138 hedge funds and large institutions have $283M invested in Mechanics Bancorp in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 62 increasing their positions, 45 reducing their positions, and 30 closing their positions.
106% more call options, than puts
Call options by funds: $74K | Put options by funds: $36K
38% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3.02% less ownership
Funds ownership: 85.65% → 82.63% (-3%)
10% less funds holding
Funds holding: 154 → 138 (-16)
29% less capital invested
Capital invested by funds: $401M → $283M (-$118M)
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$4.56M |
| 2 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
+$3.04M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.04M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
+$2.18M |
| 5 |
Goldman Sachs
New York
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.02M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
-$3.79M |
| 3 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$3.6M |
| 4 |
Millennium Management
New York
|
-$3.09M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$2.79M |
MCHB Hedge Fund Activity: Q1 2023 in Review
138 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q1 2023, worth a combined $283M — down 29% from $401M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MCHB and 15 opened new positions — a net loss of 15 holders — while 45 trimmed existing stakes and 62 added.
The largest buyer was Rhino Investment Partners, adding an estimated $4.56M. The largest seller was Morgan Stanley, cutting an estimated $5.02M.
- 138 institutional investors held Mechanics Bancorp (MCHB) as of Q1 2023, down from 154 in Q4 2022.
- Funds reported $283M of Mechanics Bancorp stock for Q1 2023, down 29% quarter-over-quarter.
- 15 funds opened new Mechanics Bancorp positions in Q1 2023 and 30 closed out, a net change of -15 holders.
- The largest Mechanics Bancorp buyer in Q1 2023 was Rhino Investment Partners, an estimated $4.56M added.
- The largest Mechanics Bancorp seller in Q1 2023 was Morgan Stanley, an estimated $5.02M sold.
Based on aggregated 13F filings for Q1 2023.