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MCHB

Mechanics Bancorp

178 hedge funds and large institutions have $724M invested in Mechanics Bancorp in 2016 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 66 increasing their positions, 40 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

314% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 14

92.31% more ownership

Funds ownership: 0%92.31% (+92%)

65% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 40

55% more capital invested

Capital invested by funds: $468M → $724M (+$255M)

29% more funds holding

Funds holding: 138178 (+40)

31% less call options, than puts

Call options by funds: $1.97M | Put options by funds: $2.85M

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
178
Holders Change
+40
Holders Change %
+28.99%
% of All Funds
4.45%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
58
Increased
66
Reduced
40
Closed
14
Calls
$1.97M
Puts
$2.85M
Net Calls
-$879K
Net Calls Change
-$2.08M
Name Holding Trade Value Shares
Change
Change in
Stake
BFA
1
BlackRock Fund Advisors
California
$62.1M +$37.5M +1,307,048 +198%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$50.7M +$10.1M +350,645 +28%
Vanguard Group
3
Vanguard Group
Pennsylvania
$42.6M +$15.8M +550,720 +69%
BIT
4
BlackRock Institutional Trust
California
$36.6M +$5.44M +189,950 +20%
JP Morgan Chase
5
JP Morgan Chase
New York
$29M +$5.04M +175,689 +24%
NIMC
6
NWQ Investment Management Company
California
$25.7M -$379K -13,220 -2%
Ameriprise
7
Ameriprise
Minnesota
$23.9M -$380K -13,259 -2%
ICOM
8
Investment Counselors of Maryland
Maryland
$21.9M
AllianceBernstein
9
AllianceBernstein
Tennessee
$20.4M -$3.96M -138,270 -18%
Manulife (Manufacturers Life Insurance)
10
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$18.7M +$188K +6,574 +1%
TSW
11
Thompson Siegel & Walmsley
Virginia
$16.8M +$7.52M +262,318 +97%
State Street
12
State Street
Massachusetts
$15.3M +$3.25M +113,477 +31%
Northern Trust
13
Northern Trust
Illinois
$14.1M +$5.29M +184,663 +70%
NC
14
Northpointe Capital
Michigan
$13.6M -$6.81M -237,485 -35%
KCM
15
Kennedy Capital Management
Missouri
$13.3M -$73.6K -2,567 -0.6%
BGIM
16
Brandywine Global Investment Management
Pennsylvania
$12.4M -$811K -28,292 -7%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$11.4M +$6.97M +243,007 +204%
Morgan Stanley
18
Morgan Stanley
New York
$10.3M +$2.74M +95,581 +42%
HAM
19
Hillcrest Asset Management
Texas
$10.1M +$9.2M +321,005 New
Renaissance Technologies
20
Renaissance Technologies
New York
$9.58M +$7.53M +262,800 +650%
OCG
21
Opus Capital Group
Ohio
$8.69M +$2.41M +84,076 +44%
Goldman Sachs
22
Goldman Sachs
New York
$8.09M +$4.82M +168,115 +191%
Prudential Financial
23
Prudential Financial
New Jersey
$7.59M +$4M +139,540 +139%
FP
24
Foundry Partners
Minnesota
$6.92M +$1.39M +48,530 +28%
EAM
25
Eagle Asset Management
Florida
$6.83M +$6.2M +216,132 New

MCHB Hedge Fund Activity: Q4 2016 in Review

178 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q4 2016, worth a combined $724M — up 55% from $468M a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new MCHB positions and 14 closed out — a net gain of 44 holders — while 66 added to existing stakes and 40 trimmed.

The largest buyer was BlackRock Fund Advisors, adding an estimated $37.5M. The largest seller was Wellington Management Group, cutting an estimated $20.3M.

  • 178 institutional investors held Mechanics Bancorp (MCHB) as of Q4 2016, up from 138 in Q3 2016.
  • Funds reported $724M of Mechanics Bancorp stock for Q4 2016, up 55% quarter-over-quarter.
  • 58 funds opened new Mechanics Bancorp positions in Q4 2016 and 14 closed out, a net change of +44 holders.
  • The largest Mechanics Bancorp buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $37.5M added.
  • The largest Mechanics Bancorp seller in Q4 2016 was Wellington Management Group, an estimated $20.3M sold.

Based on aggregated 13F filings for Q4 2016.