Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Midland States Bancorp Inc (MSBI)

153 + Investors. Track Smart Money conviction in MSBI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
1Q ▲
Buyers last Q
58%

Smart Money Signals — MSBI

Based on 153 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added MSBI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
153 hedge funds hold MSBI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +13% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 58% buying

79 buying58 selling
Last quarter: 79 funds bought or added vs 58 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new MSBI position: 19 → 20 → 14 → 29. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 20% medium ■ 24% new
86 out of 153 hedge funds have held MSBI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +44% but shares only +4% — price-driven

Value
+43%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +44%, but actual share count only changed +4%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
📈

Growing discovery — still being found

21 → 19 → 20 → 14 → 29 new funds/Q
New funds entering each quarter: 19 → 20 → 14 → 29. A growing number of institutions are discovering MSBI each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 61% veterans vs 25% newcomers

■ 61% veterans ■ 14% 1-2yr ■ 25% new
Entry-cohort mix of 153 holders: 93 (61%) are 2+ year veterans, 21 entered 1–2 years ago, and 39 (25%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 60% AUM from top-100 funds

60% from top-100 AUM funds
42 of 153 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in MSBI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MSBI

In 2026 Q2, 79 hedge funds were net buyers of MSBI (29 opened a new position, 50 added to an existing one), while 58 reduced or exited (45 trimmed, 13 sold completely) — a 58% buyer ratio, indicating a slight buying edge. 60% of total institutional value in MSBI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 153.

Hedge Fund Ownership: MSBI

How many hedge funds hold MSBI — quarterly history vs. share price
Quarterly hedge fund ownership of MSBI vs. share price

Market Analysis: MSBI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MSBI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 1 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
1.0
/ 10
conviction
Hedge Fund Positioning: MSBI
153 + Investors

Track Smart Money conviction in MSBI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 153 137 11.68%
13F Shares 15M 14M 3.63%
Total Value $429M $298M 43.75%
New Positions 29 14 +15
Increased Positions 50 59 -9
Closed Positions 13 14 -1
Reduced Positions 45 39 +6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MSBI

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Financial Highlights

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Institutional Holders (2026 Q2)

153 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MSBI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MSBI holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Patriot Financial Partners GP II, L.P. 3.49% 438,500 $13.7M
2 Maltese Capital Management LLC 0.91% 161,100 $5.0M
3 Rhino Investment Partners, Inc 0.64% 68,063 $2.1M
4 Busey Bank 0.57% 759,286 $23.6M
5 Integrated Quantitative Investments LLC 0.24% 46,781 $1.5M
6 Brucke Financial, Inc. 0.16% 11,664 $363K
7 Daytona Street Capital LLC 0.11% 5,035 $153K
8 Bridgeway Capital Management, LLC 0.07% 136,119 $4.2M
9 Algert Global LLC 0.07% 200,545 $6.2M
10 Legato Capital Management LLC 0.07% 27,664 $861K
11 Hotchkis & Wiley Capital Management LLC 0.05% 517,334 $16.1M
12 Segall Bryant & Hamill, LLC 0.03% 94,042 $2.9M
13 Martingale Asset Management L P 0.03% 47,012 $1.5M
14 Midland Wealth Advisors, LLC 0.03% 19,568 $609K
15 Smith, Moore & CO. 0.03% 13,304 $414K
16 Bank & Trust Co 0.03% 1,314 $41K
17 Jacobs Levy Equity Management, Inc 0.03% 224,107 $7.0M
18 XTX Topco Ltd 0.02% 40,374 $1.3M
19 Occudo Quantitative Strategies LP 0.02% 9,596 $299K
20 Empowered Funds, LLC 0.02% 92,919 $2.9M
21 Cambria Investment Management, L.P. 0.01% 8,896 $277K
22 First Financial Corp /In/ 0.01% 1,035 $32K
23 Valeo Financial Advisors, LLC 0.01% 16,715 $521K
24 ProShare Advisors LLC 0.01% 227,539 $7.1M
25 Hennion & Walsh Asset Management, Inc. 0.01% 11,138 $347K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Midland States Bancorp Inc (MSBI)

What does the Smart Money Trend signal show for MSBI?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added MSBI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MSBI?

Slight buying edge — 58% buying: Last quarter: 79 funds bought or added vs 58 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MSBI holders?

Elite ownership — 60% AUM from top-100 funds: 42 of 153 holders are among the 100 largest funds by AUM, controlling 60% of total institutional value in MSBI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MSBI?

56% of holders stayed for 2+ years: 86 out of 153 hedge funds have held MSBI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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