Mechanics Bancorp
MCHB
75 hedge funds and large institutions have $166M invested in Mechanics Bancorp in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 27 increasing their positions, 24 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
13% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 24
8% more capital invested
Capital invested by funds: $153M → $166M (+$12.6M)
4% more funds holding
Funds holding: 72 → 75 (+3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $192K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Allstate Corporation
Northbrook,
Illinois
|
+$5.39M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.02M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$2.98M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$2.29M |
| 5 |
AFG
American Financial Group
Cincinnati,
Ohio
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$3.68M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
-$2.24M |
| 3 |
HAI
Hennessy Advisors Inc
Novato,
California
|
-$1.94M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$1.35M |
| 5 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HAI
76
Hennessy Advisors Inc
Novato,
California
| – | -$1.94M | -113,283 | Closed |
|
|
BG
77
BlackRock Group
London,
United Kingdom
| – | -$1.02M | -59,436 | Closed |
|
|
BJ
78
BlackRock Japan
Tokyo,
Japan
| – | -$263K | -15,408 | Closed |
|
|
HCS
79
Harvest Capital Strategies
San Francisco,
California
| – | -$222K | -13,000 | Closed |
|
|
PAM
80
Panagora Asset Management
Boston,
Massachusetts
| – | -$26K | -1,537 | Closed |
|
81
BNP Paribas Financial Markets
Paris,
France
| – | -$16.7K | -979 | Closed |
|
MCHB Hedge Fund Activity: Q4 2014 in Review
75 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q4 2014, worth a combined $166M — up 8.3% from $153M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MCHB positions and 6 closed out — a net gain of 5 holders — while 27 added to existing stakes and 24 trimmed.
The largest buyer was Allstate Corporation, opening a new position worth an estimated $5.39M. The largest seller was Basswood Capital Management, cutting an estimated $3.68M.
- 75 institutional investors held Mechanics Bancorp (MCHB) as of Q4 2014, up from 72 in Q3 2014.
- Funds reported $166M of Mechanics Bancorp stock for Q4 2014, up 8.3% quarter-over-quarter.
- 11 funds opened new Mechanics Bancorp positions in Q4 2014 and 6 closed out, a net change of +5 holders.
- The largest Mechanics Bancorp buyer in Q4 2014 was Allstate Corporation, an estimated $5.39M added.
- The largest Mechanics Bancorp seller in Q4 2014 was Basswood Capital Management, an estimated $3.68M sold.
Based on aggregated 13F filings for Q4 2014.