Midland States Bancorp
MSBI
139 hedge funds and large institutions have $293M invested in Midland States Bancorp in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 55 increasing their positions, 51 reducing their positions, and 18 closing their positions.
21% more capital invested
Capital invested by funds: $241M → $293M (+$51.7M)
11% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 18
8% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 51
1% less funds holding
Funds holding: 140 → 139 (-1)
1.05% less ownership
Funds ownership: 65.4% → 64.35% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$4.62M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$2.07M |
| 3 |
D.E. Shaw & Co
New York
|
+$1.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.2M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
-$4.73M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.52M |
| 3 |
Millennium Management
New York
|
-$1.68M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
-$1.6M |
| 5 |
Bank of New York Mellon
New York
|
-$1.19M |
MSBI Hedge Fund Activity: Q4 2025 in Review
139 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Midland States Bancorp (MSBI) for Q4 2025, worth a combined $293M — up 21% from $241M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MSBI positions and 18 closed out — a net gain of 2 holders — while 55 added to existing stakes and 51 trimmed.
The largest buyer was Rhino Investment Partners, opening a new position worth an estimated $4.62M. The largest seller was AQR Capital Management, cutting an estimated $4.73M.
- 139 institutional investors held Midland States Bancorp (MSBI) as of Q4 2025, down from 140 in Q3 2025.
- Funds reported $293M of Midland States Bancorp stock for Q4 2025, up 21% quarter-over-quarter.
- 20 funds opened new Midland States Bancorp positions in Q4 2025 and 18 closed out, a net change of +2 holders.
- The largest Midland States Bancorp buyer in Q4 2025 was Rhino Investment Partners, an estimated $4.62M added.
- The largest Midland States Bancorp seller in Q4 2025 was AQR Capital Management, an estimated $4.73M sold.
Based on aggregated 13F filings for Q4 2025.