Choiceone Financial
COFS
45 hedge funds and large institutions have $30.7M invested in Choiceone Financial in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 7 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
29% more funds holding
Funds holding: 35 → 45 (+10)
22% more capital invested
Capital invested by funds: $25.2M → $30.7M (+$5.49M)
4.45% more ownership
Funds ownership: 13.29% → 17.74% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.06M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.68M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.29M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$1.02M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$656K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
-$4.14M |
| 2 |
Millennium Management
New York
|
-$1.52M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$989K |
| 4 |
Jane Street
New York
|
-$390K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$247K | -9,803 | Closed |
|
|
SHIM
52
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$1.66K | -66 | Closed |
|
COFS Hedge Fund Activity: Q2 2023 in Review
45 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Choiceone Financial (COFS) for Q2 2023, worth a combined $30.7M — up 22% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new COFS positions and 7 closed out — a net gain of 10 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was BlackRock, adding an estimated $7.06M. The largest seller was Fourthstone LLC, exiting entirely with an estimated $4.14M sold.
- 45 institutional investors held Choiceone Financial (COFS) as of Q2 2023, up from 35 in Q1 2023.
- Funds reported $30.7M of Choiceone Financial stock for Q2 2023, up 22% quarter-over-quarter.
- 17 funds opened new Choiceone Financial positions in Q2 2023 and 7 closed out, a net change of +10 holders.
- The largest Choiceone Financial buyer in Q2 2023 was BlackRock, an estimated $7.06M added.
- The largest Choiceone Financial seller in Q2 2023 was Fourthstone LLC, an estimated $4.14M sold.
Based on aggregated 13F filings for Q2 2023.