Mechanics Bancorp
MCHB
78 hedge funds and large institutions have $172M invested in Mechanics Bancorp in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 7 closing their positions.
379% more call options, than puts
Call options by funds: $225K | Put options by funds: $47K
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0% more funds holding
Funds holding: 78 → 78 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $176M → $172M (-$3.84M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$3.89M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$3.06M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$2.03M |
| 4 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$2.02M |
| 5 |
BCM
Basswood Capital Management
New York
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$9.61M |
| 2 |
MSP
Madison Street Partners
Denver,
Colorado
|
-$1.82M |
| 3 |
KSC
Kendall Square Capital
San Francisco,
California
|
-$1.57M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$1.38M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$944K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BlackRock
New York
| $7K | – | – | – |
|
|
LTFS
77
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
78
BNP Paribas Financial Markets
Paris,
France
| $236 | -$3.17K | -168 | -93% |
|
|
MSP
79
Madison Street Partners
Denver,
Colorado
| – | -$1.82M | -91,116 | Closed |
|
|
KSC
80
Kendall Square Capital
San Francisco,
California
| – | -$1.57M | -78,668 | Closed |
|
|
ACM
81
Ativo Capital Management
Chicago,
Illinois
| – | -$427K | -21,347 | Closed |
|
|
OA
82
Oak Associates
Akron,
Ohio
| – | -$419K | -20,950 | Closed |
|
83
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$248K | -12,399 | Closed |
|
|
RFC
84
Russell Frank Company
Seattle,
Washington
| – | -$39K | -2,100 | Closed |
|
85
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$20K | -1,000 | Closed |
|
MCHB Hedge Fund Activity: Q1 2014 in Review
78 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q1 2014, worth a combined $172M — down 2.2% from $176M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MCHB positions and 7 closed out — a net gain of 1 holder — while 30 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $3.89M. The largest seller was NWQ Investment Management Company, cutting an estimated $9.61M.
- 78 institutional investors held Mechanics Bancorp (MCHB) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $172M of Mechanics Bancorp stock for Q1 2014, down 2.2% quarter-over-quarter.
- 8 funds opened new Mechanics Bancorp positions in Q1 2014 and 7 closed out, a net change of +1 holder.
- The largest Mechanics Bancorp buyer in Q1 2014 was BlackRock Institutional Trust, an estimated $3.89M added.
- The largest Mechanics Bancorp seller in Q1 2014 was NWQ Investment Management Company, an estimated $9.61M sold.
Based on aggregated 13F filings for Q1 2014.