Mechanics Bancorp
MCHB
121 hedge funds and large institutions have $326M invested in Mechanics Bancorp in 2015 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 38 increasing their positions, 35 reducing their positions, and 13 closing their positions.
169% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 13
29% more capital invested
Capital invested by funds: $252M → $326M (+$74.1M)
21% more funds holding
Funds holding: 100 → 121 (+21)
9% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 35
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$11.2M |
| 2 |
PFC
Phocas Financial Corp
Alameda,
California
|
+$7.04M |
| 3 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$4.78M |
| 4 |
NAP
New Amsterdam Partners
New York
|
+$4.77M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$9.82M |
| 2 |
FVP
Firefly Value Partners
Newtown,
Pennsylvania
|
-$8.46M |
| 3 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$8.01M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.31M |
| 5 |
CA
Continental Advisors
Park City,
Utah
|
-$4.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CL
126
CPWM LLC
Seattle,
Washington
| – | -$1.95M | -106,254 | Closed |
|
|
SO
127
STRS Ohio
Columbus,
Ohio
| – | -$758K | -41,400 | Closed |
|
|
BIP
128
Brandes Investment Partners
La Jolla,
California
| – | -$509K | -27,800 | Closed |
|
|
CCMLC
129
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
| – | -$463K | -25,300 | Closed |
|
|
GMIM
130
General Motors Investment Management
New York
| – | -$278K | -15,198 | Closed |
|
131
Acadian Asset Management
Boston,
Massachusetts
| – | -$239K | -13,046 | Closed |
|
|
CCM
132
Coldstream Capital Management
Bellevue,
Washington
| – | -$217K | -11,832 | Closed |
|
133
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$210K | -11,437 | Closed |
|
134
SEI Investments
Oaks,
Pennsylvania
| – | -$1K | -98 | Closed |
|
MCHB Hedge Fund Activity: Q2 2015 in Review
121 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2015, worth a combined $326M — up 29% from $252M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MCHB positions and 13 closed out — a net gain of 22 holders — while 38 added to existing stakes and 35 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $11.2M. The largest seller was Wellington Management Group, cutting an estimated $9.82M.
- 121 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2015, up from 100 in Q1 2015.
- Funds reported $326M of Mechanics Bancorp stock for Q2 2015, up 29% quarter-over-quarter.
- 35 funds opened new Mechanics Bancorp positions in Q2 2015 and 13 closed out, a net change of +22 holders.
- The largest Mechanics Bancorp buyer in Q2 2015 was JP Morgan Chase, an estimated $11.2M added.
- The largest Mechanics Bancorp seller in Q2 2015 was Wellington Management Group, an estimated $9.82M sold.
Based on aggregated 13F filings for Q2 2015.