Choiceone Financial
COFS
32 hedge funds and large institutions have $26.3M invested in Choiceone Financial in 2022 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
43% more capital invested
Capital invested by funds: $18.4M → $26.3M (+$7.91M)
19% more funds holding
Funds holding: 27 → 32 (+5)
0.9% more ownership
Funds ownership: 11.29% → 12.19% (+0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.72M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$832K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$385K |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
+$209K |
| 5 |
BlackRock
New York
|
+$179K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$2.49M |
| 2 |
Millennium Management
New York
|
-$450K |
| 3 |
Bank of New York Mellon
New York
|
-$238K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$106K |
| 5 |
Renaissance Technologies
New York
|
-$82.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $36K | +$24.2K | +1,031 | +469% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $16K | -$2.53K | -108 | -16% |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $16K | – | – | – |
|
29
Bank of America
Charlotte,
North Carolina
| $9.86K | -$3.89K | -166 | -33% |
|
30
Wells Fargo
San Francisco,
California
| $1.36K | +$23 | +1 | +2% |
|
31
Dimensional Fund Advisors
Austin,
Texas
| $212 | +$172K | +7,335 | New |
|
|
JAM
32
Jacobs Asset Management
New York
| – | -$2.49M | -114,463 | Closed |
|
|
33
Bank of New York Mellon
New York
| – | -$238K | -10,959 | Closed |
|
34
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2K | -79 | Closed |
|
COFS Hedge Fund Activity: Q4 2022 in Review
32 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Choiceone Financial (COFS) for Q4 2022, worth a combined $26.3M — up 43% from $18.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new COFS positions and 3 closed out — a net gain of 5 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Fourthstone LLC, adding an estimated $2.72M. The largest seller was Jacobs Asset Management, exiting entirely with an estimated $2.49M sold.
- 32 institutional investors held Choiceone Financial (COFS) as of Q4 2022, up from 27 in Q3 2022.
- Funds reported $26.3M of Choiceone Financial stock for Q4 2022, up 43% quarter-over-quarter.
- 8 funds opened new Choiceone Financial positions in Q4 2022 and 3 closed out, a net change of +5 holders.
- The largest Choiceone Financial buyer in Q4 2022 was Fourthstone LLC, an estimated $2.72M added.
- The largest Choiceone Financial seller in Q4 2022 was Jacobs Asset Management, an estimated $2.49M sold.
Based on aggregated 13F filings for Q4 2022.