Meridian
MRBK
25 hedge funds and large institutions have $58.9M invested in Meridian in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
19% more capital invested
Capital invested by funds: $49.7M → $58.9M (+$9.23M)
10.97% more ownership
Funds ownership: 91.05% → 102.02% (+11%)
9% more funds holding
Funds holding: 23 → 25 (+2)
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$457K |
| 2 |
MCM
Maltese Capital Management
New York
|
+$185K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$59.3K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$50.8K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$172K |
| 2 |
First Manhattan
New York
|
-$131K |
| 3 |
BCM
Basswood Capital Management
New York
|
-$56.2K |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
-$5.23K |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$5.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
State Street
Boston,
Massachusetts
| – | -$172K | -20,688 | Closed |
|
MRBK Hedge Fund Activity: Q1 2019 in Review
25 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Meridian (MRBK) for Q1 2019, worth a combined $58.9M — up 19% from $49.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MRBK positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 8 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $457K. The largest seller was State Street, exiting entirely with an estimated $172K sold.
- 25 institutional investors held Meridian (MRBK) as of Q1 2019, up from 23 in Q4 2018.
- Funds reported $58.9M of Meridian stock for Q1 2019, up 19% quarter-over-quarter.
- 4 funds opened new Meridian positions in Q1 2019 and 2 closed out, a net change of +2 holders.
- The largest Meridian buyer in Q1 2019 was Banc Funds Company, an estimated $457K added.
- The largest Meridian seller in Q1 2019 was State Street, an estimated $172K sold.
Based on aggregated 13F filings for Q1 2019.