Mechanics Bancorp
MCHB
131 hedge funds and large institutions have $581M invested in Mechanics Bancorp in 2019 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 43 increasing their positions, 47 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
25% more capital invested
Capital invested by funds: $466M → $581M (+$114M)
6% more funds holding
Funds holding: 124 → 131 (+7)
0.24% more ownership
Funds ownership: 81.1% → 81.34% (+0.24%)
9% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
+$11.1M |
| 2 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$5.73M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
+$5.67M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$5.06M |
| 5 |
Millennium Management
New York
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$20.1M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$9.1M |
| 3 |
Bank of New York Mellon
New York
|
-$5.76M |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$3.12M |
| 5 |
Morgan Stanley
New York
|
-$2.59M |
MCHB Hedge Fund Activity: Q1 2019 in Review
131 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q1 2019, worth a combined $581M — up 25% from $466M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new MCHB positions and 11 closed out — a net gain of 8 holders — while 43 added to existing stakes and 47 trimmed.
The largest buyer was Russell Investments Group, adding an estimated $11.1M. The largest seller was Victory Capital Management, cutting an estimated $20.1M.
- 131 institutional investors held Mechanics Bancorp (MCHB) as of Q1 2019, up from 124 in Q4 2018.
- Funds reported $581M of Mechanics Bancorp stock for Q1 2019, up 25% quarter-over-quarter.
- 19 funds opened new Mechanics Bancorp positions in Q1 2019 and 11 closed out, a net change of +8 holders.
- The largest Mechanics Bancorp buyer in Q1 2019 was Russell Investments Group, an estimated $11.1M added.
- The largest Mechanics Bancorp seller in Q1 2019 was Victory Capital Management, an estimated $20.1M sold.
Based on aggregated 13F filings for Q1 2019.