Mechanics Bancorp
MCHB
82 hedge funds and large institutions have $178M invested in Mechanics Bancorp in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 24 reducing their positions, and 14 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
54% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 24
7% less capital invested
Capital invested by funds: $193M → $178M (-$14.4M)
8% less funds holding
Funds holding: 89 → 82 (-7)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$16.1M |
| 2 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$2.5M |
| 3 |
JAM
Jacobs Asset Management
New York
|
+$2.08M |
| 4 |
CA
Continental Advisors
Park City,
Utah
|
+$1.83M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$6.65M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$5.99M |
| 3 |
CGI
CI Global Investments
Oakland,
California
|
-$4.72M |
| 4 |
QBFM
QS Batterymarch Financial Management
New York
|
-$2.63M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$2.19M |
MCHB Hedge Fund Activity: Q3 2013 in Review
82 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q3 2013, worth a combined $178M — down 7.5% from $193M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MCHB and 7 opened new positions — a net loss of 7 holders — while 24 trimmed existing stakes and 37 added.
The largest buyer was Basswood Capital Management, adding an estimated $16.1M. The largest seller was Northpointe Capital, exiting entirely with an estimated $6.65M sold.
- 82 institutional investors held Mechanics Bancorp (MCHB) as of Q3 2013, down from 89 in Q2 2013.
- Funds reported $178M of Mechanics Bancorp stock for Q3 2013, down 7.5% quarter-over-quarter.
- 7 funds opened new Mechanics Bancorp positions in Q3 2013 and 14 closed out, a net change of -7 holders.
- The largest Mechanics Bancorp buyer in Q3 2013 was Basswood Capital Management, an estimated $16.1M added.
- The largest Mechanics Bancorp seller in Q3 2013 was Northpointe Capital, an estimated $6.65M sold.
Based on aggregated 13F filings for Q3 2013.