Mechanics Bancorp
MCHB
72 hedge funds and large institutions have $153M invested in Mechanics Bancorp in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 11 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
5% less funds holding
Funds holding: 76 → 72 (-4)
12% less capital invested
Capital invested by funds: $173M → $153M (-$20.1M)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $171K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$10.2M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$4.13M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.94M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$839K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$9.17M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$3.78M |
| 3 |
BCM
Basswood Capital Management
New York
|
-$2.09M |
| 4 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
-$1.49M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCA
76
Catalyst Capital Advisors
Huntington,
New York
| – | -$496K | -27,000 | Closed |
|
|
DC
77
Deere & Company
Moline,
Illinois
| – | -$286K | -15,553 | Closed |
|
|
MAM
78
Martingale Asset Management
Boston,
Massachusetts
| – | -$272K | -14,755 | Closed |
|
|
FWC
79
First Washington Corp
Seattle,
Washington
| – | -$55K | -3,000 | Closed |
|
|
AAM
80
Advisors Asset Management
Monument,
Colorado
| – | -$23K | -1,279 | Closed |
|
|
VFA
81
Virtus Fund Advisers
Hartford,
Connecticut
| – | -$23K | -1,267 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$9K | -500 | Closed |
|
|
GSC
83
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$3K | -181 | Closed |
|
MCHB Hedge Fund Activity: Q3 2014 in Review
72 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q3 2014, worth a combined $153M — down 12% from $173M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of MCHB and 7 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 30 added.
The largest buyer was Wellington Management Group, adding an estimated $10.2M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $9.17M sold.
- 72 institutional investors held Mechanics Bancorp (MCHB) as of Q3 2014, down from 76 in Q2 2014.
- Funds reported $153M of Mechanics Bancorp stock for Q3 2014, down 12% quarter-over-quarter.
- 7 funds opened new Mechanics Bancorp positions in Q3 2014 and 11 closed out, a net change of -4 holders.
- The largest Mechanics Bancorp buyer in Q3 2014 was Wellington Management Group, an estimated $10.2M added.
- The largest Mechanics Bancorp seller in Q3 2014 was Jacobs Asset Management, an estimated $9.17M sold.
Based on aggregated 13F filings for Q3 2014.