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Mid Penn Bancorp

79 hedge funds and large institutions have $180M invested in Mid Penn Bancorp in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 24 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 24

0.35% more ownership

Funds ownership: 43.84%44.2% (+0.35%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less funds holding

Funds holding: 8879 (-9)

11% less capital invested

Capital invested by funds: $202M → $180M (-$22.1M)

64% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 14

Holders
79
Holders Change
-9
Holders Change %
-10.23%
% of All Funds
1.26%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
33
Reduced
24
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$27.9M -$806K -27,256 -2%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$20.9M -$622K -21,011 -3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$16.6M +$137K +4,619 +0.7%
FCM
4
FJ Capital Management
Virginia
$13.8M
BFC
5
Banc Funds Company
Illinois
$11.8M
State Street
6
State Street
Massachusetts
$7.47M +$1.54M +51,930 +22%
AllianceBernstein
7
AllianceBernstein
Tennessee
$7.22M +$93.8K +3,170 +1%
Manulife (Manufacturers Life Insurance)
8
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$6.79M -$562K -18,998 -7%
Dimensional Fund Advisors
9
Dimensional Fund Advisors
Texas
$6.73M +$1.08M +36,473 +16%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$6.48M +$164K +5,532 +2%
PU
11
Petiole USA
New York
$5.05M +$314K +10,626 +6%
RA
12
Royce & Associates
New York
$4.05M +$1.14M +38,606 +32%
EMFAT
13
Emerald Mutual Fund Advisers Trust
Pennsylvania
$3.93M
Northern Trust
14
Northern Trust
Illinois
$3.07M -$128K -4,341 -3%
LSV Asset Management
15
LSV Asset Management
Illinois
$2.83M +$934K +31,580 +40%
ECA
16
Endeavour Capital Advisors
Connecticut
$2.77M -$18.3K -617 -0.6%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$2.34M -$45.4K -1,534 -2%
WBG
18
Wharton Business Group
Pennsylvania
$1.81M +$112K +3,775 +6%
American Century Companies
19
American Century Companies
Missouri
$1.65M +$871K +29,451 +84%
JP Morgan Chase
20
JP Morgan Chase
New York
$1.59M -$8.85K -299 -0.5%
First Trust Advisors
21
First Trust Advisors
Illinois
$1.5M +$1.35M +45,528 +351%
RWM
22
RKL Wealth Management
Pennsylvania
$1.41M +$30 +1 +0%
MA
23
Minerva Advisors
Pennsylvania
$1.32M
MAM
24
Martingale Asset Management
Massachusetts
$1.11M +$402K +13,571 +46%
BCM
25
Bridgeway Capital Management
Texas
$1.03M +$33.7K +1,140 +3%

MPB Hedge Fund Activity: Q1 2023 in Review

79 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mid Penn Bancorp (MPB) for Q1 2023, worth a combined $180M — down 11% from $202M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of MPB and 5 opened new positions — a net loss of 9 holders — while 24 trimmed existing stakes and 33 added.

The largest buyer was State Street, adding an estimated $1.54M. The largest seller was Millennium Management, cutting an estimated $1.35M.

  • 79 institutional investors held Mid Penn Bancorp (MPB) as of Q1 2023, down from 88 in Q4 2022.
  • Funds reported $180M of Mid Penn Bancorp stock for Q1 2023, down 11% quarter-over-quarter.
  • 5 funds opened new Mid Penn Bancorp positions in Q1 2023 and 14 closed out, a net change of -9 holders.
  • The largest Mid Penn Bancorp buyer in Q1 2023 was State Street, an estimated $1.54M added.
  • The largest Mid Penn Bancorp seller in Q1 2023 was Millennium Management, an estimated $1.35M sold.

Based on aggregated 13F filings for Q1 2023.