Mechanics Bancorp
MCHB
102 hedge funds and large institutions have $166M invested in Mechanics Bancorp in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 34 increasing their positions, 36 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
5% more funds holding
Funds holding: 97 → 102 (+5)
1.96% more ownership
Funds ownership: 73.47% → 75.42% (+2%)
6% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 36
22% less capital invested
Capital invested by funds: $212M → $166M (-$46.2M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
86% less call options, than puts
Call options by funds: $51K | Put options by funds: $363K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.24M |
| 2 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$4.24M |
| 3 |
ECA
Endeavour Capital Advisors
Greenwich,
Connecticut
|
+$4.12M |
| 4 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.81M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$1.87M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAP
Madison Avenue Partners
New York
|
-$7.28M |
| 2 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$3.94M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$2.15M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.54M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$1.34M |
MCHB Hedge Fund Activity: Q2 2024 in Review
102 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Mechanics Bancorp (MCHB) for Q2 2024, worth a combined $166M — down 22% from $212M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MCHB positions and 11 closed out — a net gain of 5 holders — while 34 added to existing stakes and 36 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.24M. The largest seller was Madison Avenue Partners, cutting an estimated $7.28M.
- 102 institutional investors held Mechanics Bancorp (MCHB) as of Q2 2024, up from 97 in Q1 2024.
- Funds reported $166M of Mechanics Bancorp stock for Q2 2024, down 22% quarter-over-quarter.
- 16 funds opened new Mechanics Bancorp positions in Q2 2024 and 11 closed out, a net change of +5 holders.
- The largest Mechanics Bancorp buyer in Q2 2024 was Morgan Stanley, an estimated $6.24M added.
- The largest Mechanics Bancorp seller in Q2 2024 was Madison Avenue Partners, an estimated $7.28M sold.
Based on aggregated 13F filings for Q2 2024.