Institutional ticker directory tracking stock mentions, long/short ideas, and high-conviction pitches extracted from quarterly hedge fund letters.
| Ticker | Company | Sector | Industry | Pitches | Stance |
|---|---|---|---|---|---|
| Fund / Manager | Thesis Excerpt | Stance | Period / Date | Action |
|---|---|---|---|---|
Cedar Creek Partners Tim Eriksen | “As we noted in our last two letters, First IC had agreed to be acquired by MetroCity Bankshares (nasdaq: MCBS) for cash and stock. The deal closed in early December; however, we are still waiting on both the cash and stock proceeds. We are told the delay is due to the shares we purchased having been from certificate sellers and the matching/reconciliation process is manual. It should be completed in the next week or so. Our basis on First IC was $6.70 per share. With purchases mostly in 2023. We received two $1 per share dividends and expected proceeds are roughly $22 per share. We are very pleased with the outcome, even if the selling price of less than ten times earnings seemed a bit light to us. BSD Analysis: MetroCity is a niche regional bank that built its franchise by serving underserved immigrant and small-business communities with discipline rather than leverage. Its deposit base is relationship-driven, not rate-chasing, which matters enormously when funding costs spike. Credit quality has historically been conservative, even if growth optics look uneven. Investors lump MetroCity in with generic regional banks and miss the differentiated customer base. Loan growth is selective, not reckless, which limits upside in boom times but protects capital in stress. The balance sheet is simple, not engineered. As weaker competitors retrench, niche banks with loyal deposits quietly gain share. This is relationship banking in an era that forgot relationships still matter.” | BULL | Q4 2025 Jan 21, 2026 | View Pitch |
Each excerpt above is the manager's commentary on this ticker specifically. The full letter has the rest of their portfolio thinking, risk discussion, and broader institutional context.
