Mechanics Bancorp
MCHB
157 hedge funds and large institutions have $788M invested in Mechanics Bancorp in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 41 increasing their positions, 68 reducing their positions, and 14 closing their positions.
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
29% more capital invested
Capital invested by funds: $608M → $788M (+$179M)
5% more funds holding
Funds holding: 150 → 157 (+7)
0.65% more ownership
Funds ownership: 82.42% → 83.07% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
40% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$13.3M |
| 2 |
JP Morgan Chase
New York
|
+$6.79M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$5.09M |
| 4 |
Goldman Sachs
New York
|
+$4.84M |
| 5 |
Millennium Management
New York
|
+$4.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$21.7M |
| 2 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$7.65M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.71M |
| 4 |
Renaissance Technologies
New York
|
-$3.92M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$3.91M |
MCHB Hedge Fund Activity: Q1 2021 in Review
157 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q1 2021, worth a combined $788M — up 29% from $608M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new MCHB positions and 14 closed out — a net gain of 9 holders — while 41 added to existing stakes and 68 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $13.3M. The largest seller was Russell Investments Group, cutting an estimated $21.7M.
- 157 institutional investors held Mechanics Bancorp (MCHB) as of Q1 2021, up from 150 in Q4 2020.
- Funds reported $788M of Mechanics Bancorp stock for Q1 2021, up 29% quarter-over-quarter.
- 23 funds opened new Mechanics Bancorp positions in Q1 2021 and 14 closed out, a net change of +9 holders.
- The largest Mechanics Bancorp buyer in Q1 2021 was LSV Asset Management, an estimated $13.3M added.
- The largest Mechanics Bancorp seller in Q1 2021 was Russell Investments Group, an estimated $21.7M sold.
Based on aggregated 13F filings for Q1 2021.