Mechanics Bancorp
MCHB
124 hedge funds and large institutions have $466M invested in Mechanics Bancorp in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 40 reducing their positions, and 15 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 40
1.85% more ownership
Funds ownership: 79.25% → 81.1% (+1.8%)
2% less funds holding
Funds holding: 127 → 124 (-3)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
18% less capital invested
Capital invested by funds: $569M → $466M (-$103M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$15.8M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
+$8.02M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$4.7M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$3.06M |
| 5 |
BlackRock
New York
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$14.2M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$4.42M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$2.02M |
| 4 |
BGIM
Brandywine Global Investment Management
Philadelphia,
Pennsylvania
|
-$1.31M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DTL
126
Dynamic Technology Lab
Singapore
| – | -$251K | -9,475 | Closed |
|
|
BFIM
127
Beese Fulmer Investment Management
Canton,
Ohio
| – | -$246K | -9,300 | Closed |
|
128
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$246K | -9,272 | Closed |
|
129
State Board of Administration of Florida Retirement System
Tallahassee,
Florida
| – | -$230K | -8,687 | Closed |
|
130
UBS AM
Chicago,
Illinois
| – | -$204K | -7,700 | Closed |
|
|
PA
131
Pinnacle Associates
New York
| – | -$201K | -7,600 | Closed |
|
|
HCM
132
Highlander Capital Management
Short Hills,
New Jersey
| – | -$131K | -4,959 | Closed |
|
|
QT
133
Quantbot Technologies
New York
| – | -$52K | -1,992 | Closed |
|
|
TRCT
134
Tower Research Capital (TRC)
New York
| – | -$47K | -1,768 | Closed |
|
|
CG
135
Cutler Group
San Francisco,
California
| – | -$23K | -900 | Closed |
|
136
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$13K | -489 | Closed |
|
137
Simplex Trading
Chicago,
Illinois
| – | -$2K | -87 | Closed |
|
|
PFBT
138
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$556 | -22 | -65% |
|
MCHB Hedge Fund Activity: Q4 2018 in Review
124 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q4 2018, worth a combined $466M — down 18% from $569M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of MCHB and 13 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 45 added.
The largest buyer was Russell Investments Group, adding an estimated $15.8M. The largest seller was Millennium Management, cutting an estimated $14.2M.
- 124 institutional investors held Mechanics Bancorp (MCHB) as of Q4 2018, down from 127 in Q3 2018.
- Funds reported $466M of Mechanics Bancorp stock for Q4 2018, down 18% quarter-over-quarter.
- 13 funds opened new Mechanics Bancorp positions in Q4 2018 and 15 closed out, a net change of -2 holders.
- The largest Mechanics Bancorp buyer in Q4 2018 was Russell Investments Group, an estimated $15.8M added.
- The largest Mechanics Bancorp seller in Q4 2018 was Millennium Management, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2018.