Mechanics Bancorp
MCHB
112 hedge funds and large institutions have $88.7M invested in Mechanics Bancorp in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 36 reducing their positions, and 46 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 36
6.08% less ownership
Funds ownership: 82.63% → 76.55% (-6.1%)
19% less funds holding
Funds holding: 138 → 112 (-26)
57% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 46
69% less capital invested
Capital invested by funds: $283M → $88.7M (-$195M)
83% less call options, than puts
Call options by funds: $122K | Put options by funds: $715K
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.84M |
| 2 |
D.E. Shaw & Co
New York
|
+$3.64M |
| 3 |
Millennium Management
New York
|
+$3.06M |
| 4 |
Renaissance Technologies
New York
|
+$2.72M |
| 5 |
Walleye Capital
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$13.2M |
| 2 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$8.31M |
| 3 |
MIIM
Mesirow Institutional Investment Management
Chicago,
Illinois
|
-$6.36M |
| 4 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
-$4.9M |
| 5 |
State Street
Boston,
Massachusetts
|
-$4.86M |
MCHB Hedge Fund Activity: Q2 2023 in Review
112 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2023, worth a combined $88.7M — down 69% from $283M a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MCHB and 20 opened new positions — a net loss of 26 holders — while 36 trimmed existing stakes and 37 added.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $3.84M. The largest seller was BlackRock, cutting an estimated $13.2M.
- 112 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2023, down from 138 in Q1 2023.
- Funds reported $88.7M of Mechanics Bancorp stock for Q2 2023, down 69% quarter-over-quarter.
- 20 funds opened new Mechanics Bancorp positions in Q2 2023 and 46 closed out, a net change of -26 holders.
- The largest Mechanics Bancorp buyer in Q2 2023 was Arrowstreet Capital, an estimated $3.84M added.
- The largest Mechanics Bancorp seller in Q2 2023 was BlackRock, an estimated $13.2M sold.
Based on aggregated 13F filings for Q2 2023.