Mid Penn Bancorp
MPB
48 hedge funds and large institutions have $41M invested in Mid Penn Bancorp in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 5 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
12% more capital invested
Capital invested by funds: $36.4M → $41M (+$4.54M)
1.59% more ownership
Funds ownership: 17.26% → 18.85% (+1.6%)
2% less funds holding
Funds holding: 49 → 48 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EJF Capital
Arlington,
Virginia
|
+$1.53M |
| 2 |
BlackRock
New York
|
+$827K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$470K |
| 4 |
CAM
ClariVest Asset Management
San Diego,
California
|
+$438K |
| 5 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$727K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$520K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$253K |
| 4 |
ROC
River Oaks Capital
Wayzata,
Minnesota
|
-$158K |
| 5 |
GJL
Gendell Jeffrey L
|
-$144K |
MPB Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mid Penn Bancorp (MPB) for Q3 2019, worth a combined $41M — up 12% from $36.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MPB and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 18 added.
The largest buyer was EJF Capital, adding an estimated $1.53M. The largest seller was AllianceBernstein, exiting entirely with an estimated $727K sold.
- 48 institutional investors held Mid Penn Bancorp (MPB) as of Q3 2019, down from 49 in Q2 2019.
- Funds reported $41M of Mid Penn Bancorp stock for Q3 2019, up 12% quarter-over-quarter.
- 4 funds opened new Mid Penn Bancorp positions in Q3 2019 and 5 closed out, a net change of -1 holder.
- The largest Mid Penn Bancorp buyer in Q3 2019 was EJF Capital, an estimated $1.53M added.
- The largest Mid Penn Bancorp seller in Q3 2019 was AllianceBernstein, an estimated $727K sold.
Based on aggregated 13F filings for Q3 2019.