Mechanics Bancorp
MCHB
131 hedge funds and large institutions have $646M invested in Mechanics Bancorp in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 46 increasing their positions, 38 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
21% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 38
11% more capital invested
Capital invested by funds: $582M → $646M (+$64M)
0% more funds holding
Funds holding: 131 → 131 (0)
0.85% less ownership
Funds ownership: 81.43% → 80.59% (-0.85%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$9.82M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$7.79M |
| 3 |
Renaissance Technologies
New York
|
+$4.27M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$4.18M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
+$3.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$15M |
| 2 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$11.1M |
| 3 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
-$8.15M |
| 4 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$5.82M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$3.56M |
MCHB Hedge Fund Activity: Q2 2019 in Review
131 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2019, worth a combined $646M — up 11% from $582M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MCHB positions and 16 closed out — a net gain of 4 holders — while 46 added to existing stakes and 38 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, opening a new position worth an estimated $9.82M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $15M sold.
- 131 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $646M of Mechanics Bancorp stock for Q2 2019, up 11% quarter-over-quarter.
- 20 funds opened new Mechanics Bancorp positions in Q2 2019 and 16 closed out, a net change of +4 holders.
- The largest Mechanics Bancorp buyer in Q2 2019 was Philadelphia Financial Management of San Francisco, an estimated $9.82M added.
- The largest Mechanics Bancorp seller in Q2 2019 was Maltese Capital Management, an estimated $15M sold.
Based on aggregated 13F filings for Q2 2019.