Mechanics Bancorp
MCHB
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, 37 reducing their positions, and 18 closing their positions.
51% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 37
0.85% more ownership
Funds ownership: 80.48% → 81.33% (+0.85%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $623M → $593M (-$29.4M)
3% less funds holding
Funds holding: 135 → 131 (-4)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$9.1M |
| 2 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$6.24M |
| 3 |
MCM
Maltese Capital Management
New York
|
+$6.18M |
| 4 |
BlackRock
New York
|
+$5.67M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$5.88M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$5.02M |
| 3 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$4.18M |
| 4 |
BA
Boston Advisors
Boston,
Massachusetts
|
-$4.04M |
| 5 |
Millennium Management
New York
|
-$2.86M |
MCHB Hedge Fund Activity: Q2 2018 in Review
131 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2018, worth a combined $593M — down 4.7% from $623M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MCHB and 16 opened new positions — a net loss of 2 holders — while 37 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 4.7% 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.