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MCHB

Mechanics Bancorp
MCHB

112 hedge funds and large institutions have $88.7M invested in Mechanics Bancorp in 2023 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 37 increasing their positions, 36 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 36

6.08% less ownership

Funds ownership: 82.63% → 76.55% (-6.1%)

19% less funds holding

Funds holding: 138 → 112 (-26)

57% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 46

69% less capital invested

Capital invested by funds: $283M → $88.7M (-$195M)

83% less call options, than puts

Call options by funds: $122K | Put options by funds: $715K

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
112
Holders Change
-26
Holders Change %
-18.84%
% of All Funds
1.76%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
20
Increased
37
Reduced
36
Closed
46
Calls
$122K
Puts
$715K
Net Calls
-$593K
Net Calls Change
-$631K

Top Buyers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$3.84M
2
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$3.64M
3
Millennium Management
Millennium Management
New York
+$3.06M
4
Renaissance Technologies
Renaissance Technologies
New York
+$2.72M
5
Walleye Capital
Walleye Capital
New York
+$1.98M

Top Sellers

Rank Fund Capital Flow
1
BlackRock
BlackRock
New York
-$13.2M
2
BGIM
Brandywine Global Investment Management
Pennsylvania
-$8.31M
3
MIIM
Mesirow Institutional Investment Management
Illinois
-$6.36M
4
RIP
Rhino Investment Partners
Pennsylvania
-$4.9M
5
State Street
State Street
Massachusetts
-$4.86M
Name Holding Trade Value Shares
Change 		Change in
Stake
BlackRock
1
BlackRock
New York
$8.12M -$13.2M -1,403,640 -51%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$6.45M -$4.24M -451,842 -29%
Vanguard Group
3
Vanguard Group
Pennsylvania
$5.68M -$2.86M -305,011 -24%
LSV Asset Management
4
LSV Asset Management
Illinois
$5.27M – – –
Hotchkis & Wiley Capital Management
5
Hotchkis & Wiley Capital Management
California
$3.72M +$1.23M +131,450 +26%
Ameriprise
6
Ameriprise
Minnesota
$2.77M +$944K +100,574 +27%
D.E. Shaw & Co
7
D.E. Shaw & Co
New York
$2.71M +$3.64M +387,575 +546%
Morgan Stanley
8
Morgan Stanley
New York
$2.62M +$88.5K +9,421 +2%
State Street
9
State Street
Massachusetts
$2.6M -$4.86M -518,022 -54%
Arrowstreet Capital
10
Arrowstreet Capital
Massachusetts
$2.42M +$3.84M +408,819 New
Geode Capital Management
11
Geode Capital Management
Massachusetts
$2.34M +$140K +14,917 +4%
Charles Schwab
12
Charles Schwab
California
$2.16M +$1.13M +119,993 +49%
Millennium Management
13
Millennium Management
New York
$2.15M +$3.06M +326,376 +880%
Renaissance Technologies
14
Renaissance Technologies
New York
$2.14M +$2.72M +289,412 +405%
SCP
15
Siena Capital Partners
Illinois
$1.98M – – –
Jacobs Levy Equity Management
16
Jacobs Levy Equity Management
New Jersey
$1.74M +$947K +100,896 +52%
CAM
17
Congress Asset Management
Massachusetts
$1.69M +$28.2K +3,005 +1%
KCM
18
Kennedy Capital Management
Missouri
$1.61M +$514K +54,785 +25%
AQR Capital Management
19
AQR Capital Management
Connecticut
$1.53M -$263K -27,969 -10%
Bank of Montreal
20
Bank of Montreal
Ontario, Canada
$1.42M +$1.58M +168,483 +433%
Prudential Financial
21
Prudential Financial
New Jersey
$1.37M +$1.68M +178,822 +346%
Walleye Capital
22
Walleye Capital
New York
$1.25M +$1.98M +210,568 New
CWM
23
CCG Wealth Management
California
$1.24M – – –
EMFAT
24
Emerald Mutual Fund Advisers Trust
Pennsylvania
$1.23M – – –
Marshall Wace
25
Marshall Wace
United Kingdom
$1.13M +$1.79M +191,108 New
1
2 3 4 5

MCHB Hedge Fund Activity: Q2 2023 in Review

112 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2023, worth a combined $88.7M — down 69% from $283M a quarter earlier.

Sellers outnumbered buyers: 46 funds closed out of MCHB and 20 opened new positions — a net loss of 26 holders — while 36 trimmed existing stakes and 37 added.

The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $3.84M. The largest seller was BlackRock, cutting an estimated $13.2M.

  • 112 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2023, down from 138 in Q1 2023.
  • Funds reported $88.7M of Mechanics Bancorp stock for Q2 2023, down 69% quarter-over-quarter.
  • 20 funds opened new Mechanics Bancorp positions in Q2 2023 and 46 closed out, a net change of -26 holders.
  • The largest Mechanics Bancorp buyer in Q2 2023 was Arrowstreet Capital, an estimated $3.84M added.
  • The largest Mechanics Bancorp seller in Q2 2023 was BlackRock, an estimated $13.2M sold.

Based on aggregated 13F filings for Q2 2023.