MVB Financial
MVBF
78 hedge funds and large institutions have $116M invested in MVB Financial in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 30 increasing their positions, 18 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
67% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 18
10% more funds holding
Funds holding: 71 → 78 (+7)
0.7% less ownership
Funds ownership: 45.41% → 44.71% (-0.7%)
4% less capital invested
Capital invested by funds: $121M → $116M (-$4.61M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$1.69M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$902K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
+$496K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$476K |
| 5 |
Morgan Stanley
New York
|
+$420K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$4.39M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$2.79M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$872K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$411K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPWT
76
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $475 | +$534 | +23 | New |
|
|
QCG
77
Quadrant Capital Group
Cincinnati,
Ohio
| $207 | +$232 | +10 | New |
|
78
Citigroup
New York
| $21 | -$1.6K | -69 | -99% |
|
|
79
Invesco
Atlanta,
Georgia
| – | -$411K | -18,660 | Closed |
|
80
First Trust Advisors
Wheaton,
Illinois
| – | -$227K | -10,290 | Closed |
|
81
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$69.4K | -3,150 | Closed |
|
|
DA
82
Denali Advisors
San Diego,
California
| – | -$48.4K | -2,200 | Closed |
|
|
ACM
83
Aquatic Capital Management
Chicago,
Illinois
| – | -$4K | -200 | Closed |
|
MVBF Hedge Fund Activity: Q1 2023 in Review
78 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in MVB Financial (MVBF) for Q1 2023, worth a combined $116M — down 3.8% from $121M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MVBF positions and 5 closed out — a net gain of 7 holders — while 30 added to existing stakes and 18 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $1.69M. The largest seller was TimesSquare Capital Management, cutting an estimated $4.39M.
- 78 institutional investors held MVB Financial (MVBF) as of Q1 2023, up from 71 in Q4 2022.
- Funds reported $116M of MVB Financial stock for Q1 2023, down 3.8% quarter-over-quarter.
- 12 funds opened new MVB Financial positions in Q1 2023 and 5 closed out, a net change of +7 holders.
- The largest MVB Financial buyer in Q1 2023 was Millennium Management, an estimated $1.69M added.
- The largest MVB Financial seller in Q1 2023 was TimesSquare Capital Management, an estimated $4.39M sold.
Based on aggregated 13F filings for Q1 2023.