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MCHB

Mechanics Bancorp

131 hedge funds and large institutions have $593M invested in Mechanics Bancorp in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 38 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 38

0.55% more ownership

Funds ownership: 80.78%81.33% (+0.55%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

3% less funds holding

Funds holding: 135131 (-4)

5% less capital invested

Capital invested by funds: $625M → $593M (-$31.7M)

11% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 18

Holders
131
Holders Change
-4
Holders Change %
-2.96%
% of All Funds
3%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
56
Reduced
38
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WAM
126
Wealthspire Advisors (Maryland)
Maryland
$3K +$1.35K +49 +89%
JA
127
JOYN Advisors
Georgia
$3K +$2.51K +91 +1,517%
MOACM
128
Mutual of America Capital Management
New York
$3K +$2.73K +99 New
QI
129
QS Investors
New York
$1K
FGAM
130
Financial Gravity Asset Management
Texas
$1K +$28 +1 +5%
PFBT
131
Parkside Financial Bank & Trust
Missouri
$1K +$303 +11 +48%
BCM
132
Basswood Capital Management
New York
-$5.88M -205,279 Closed
LSC
133
Lyon Street Capital
California
-$4.18M -145,922 Closed
FA
134
Friess Associates
Delaware
-$2.69M -93,877 Closed
PM
135
Precept Management
Texas
-$2.15M -75,000 Closed
PCM
136
Piermont Capital Management
Missouri
-$1.41M -49,180 Closed
SFM
137
Systematic Financial Management
New Jersey
-$1.4M -49,020 Closed
SCM
138
Sterling Capital Management
North Carolina
-$976K -34,055 Closed
GC
139
Guggenheim Capital
Illinois
-$700K -24,416 Closed
PRCP
140
Pacific Ridge Capital Partners
Oregon
-$536K -18,710 Closed
TD Asset Management
141
TD Asset Management
Ontario, Canada
-$467K -16,300 Closed
ECM
142
Element Capital Management
New York
-$257K -8,964 Closed
DTL
143
Dynamic Technology Lab
Singapore
-$228K -7,957 Closed
Squarepoint
144
Squarepoint
New York
-$226K -7,880 Closed
CGH
145
Crossmark Global Holdings
Texas
-$217K -7,560 Closed
Citadel Advisors
146
Citadel Advisors
Florida
-$211K -7,366 Closed
LSV Asset Management
147
LSV Asset Management
Illinois
-$169K -5,900 Closed
MAM
148
Meeder Asset Management
Ohio
-$28K -987 Closed
Envestnet Asset Management
149
Envestnet Asset Management
Illinois
-$2K -73 Closed

MCHB Hedge Fund Activity: Q2 2018 in Review

131 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2018, worth a combined $593M — down 5.1% from $625M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of MCHB and 16 opened new positions — a net loss of 2 holders — while 38 trimmed existing stakes and 56 added.

The largest buyer was Victory Capital Management, adding an estimated $9.1M. The largest seller was Basswood Capital Management, exiting entirely with an estimated $5.88M sold.

  • 131 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2018, down from 135 in Q1 2018.
  • Funds reported $593M of Mechanics Bancorp stock for Q2 2018, down 5.1% quarter-over-quarter.
  • 16 funds opened new Mechanics Bancorp positions in Q2 2018 and 18 closed out, a net change of -2 holders.
  • The largest Mechanics Bancorp buyer in Q2 2018 was Victory Capital Management, an estimated $9.1M added.
  • The largest Mechanics Bancorp seller in Q2 2018 was Basswood Capital Management, an estimated $5.88M sold.

Based on aggregated 13F filings for Q2 2018.