Choiceone Financial
COFS
27 hedge funds and large institutions have $18.4M invested in Choiceone Financial in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
12% more capital invested
Capital invested by funds: $16.5M → $18.4M (+$1.94M)
4% more funds holding
Funds holding: 26 → 27 (+1)
0.38% more ownership
Funds ownership: 10.92% → 11.29% (+0.38%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$116K |
| 3 |
BlackRock
New York
|
+$72.2K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$8.06K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$7.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$874K |
| 2 |
Renaissance Technologies
New York
|
-$178K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$26.5K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$19K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $1K | -$21 | -1 | -2% |
|
|
CCM
27
Cutler Capital Management
Worcester,
Massachusetts
| – | -$874K | -43,374 | Closed |
|
COFS Hedge Fund Activity: Q3 2022 in Review
27 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Choiceone Financial (COFS) for Q3 2022, worth a combined $18.4M — up 12% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new COFS positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Fourthstone LLC, opening a new position worth an estimated $1.6M. The largest seller was Cutler Capital Management, exiting entirely with an estimated $874K sold.
- 27 institutional investors held Choiceone Financial (COFS) as of Q3 2022, up from 26 in Q2 2022.
- Funds reported $18.4M of Choiceone Financial stock for Q3 2022, up 12% quarter-over-quarter.
- 2 funds opened new Choiceone Financial positions in Q3 2022 and 1 closed out, a net change of +1 holder.
- The largest Choiceone Financial buyer in Q3 2022 was Fourthstone LLC, an estimated $1.6M added.
- The largest Choiceone Financial seller in Q3 2022 was Cutler Capital Management, an estimated $874K sold.
Based on aggregated 13F filings for Q3 2022.