Choiceone Financial
COFS
53 hedge funds and large institutions have $44.8M invested in Choiceone Financial in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
73% more capital invested
Capital invested by funds: $25.9M → $44.8M (+$18.9M)
10% more funds holding
Funds holding: 48 → 53 (+5)
2.75% more ownership
Funds ownership: 17.52% → 20.26% (+2.7%)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.49M |
| 2 |
Cerity Partners
New York
|
+$1.08M |
| 3 |
Morgan Stanley
New York
|
+$614K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$313K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$262K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$68.9K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$54.2K |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$28.2K |
| 4 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$19.9K |
| 5 |
State Street
Boston,
Massachusetts
|
-$19.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
51
Covestor
London,
United Kingdom
| $3K | +$1.03K | +44 | +73% |
|
|
WTG
52
West Tower Group
Richmond,
Virginia
| $2.67K | +$2.12K | +91 | New |
|
|
GI
53
GAMMA Investing
Foster City,
California
| $1.31K | +$1.14K | +49 | New |
|
54
Allspring Global Investments
Charlotte,
North Carolina
| – | -$13.5K | -688 | Closed |
|
55
Russell Investments Group
London,
United Kingdom
| – | -$2.3K | -117 | Closed |
|
|
IA
56
IFP Advisors
Tampa,
Florida
| – | -$982 | -50 | Closed |
|
57
Nisa Investment Advisors
St. Louis,
Missouri
| – | -$157 | -8 | Closed |
|
COFS Hedge Fund Activity: Q4 2023 in Review
53 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Choiceone Financial (COFS) for Q4 2023, worth a combined $44.8M — up 73% from $25.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new COFS positions and 4 closed out — a net gain of 5 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock, adding an estimated $1.49M. The largest seller was Bank of America, cutting an estimated $68.9K.
- 53 institutional investors held Choiceone Financial (COFS) as of Q4 2023, up from 48 in Q3 2023.
- Funds reported $44.8M of Choiceone Financial stock for Q4 2023, up 73% quarter-over-quarter.
- 9 funds opened new Choiceone Financial positions in Q4 2023 and 4 closed out, a net change of +5 holders.
- The largest Choiceone Financial buyer in Q4 2023 was BlackRock, an estimated $1.49M added.
- The largest Choiceone Financial seller in Q4 2023 was Bank of America, an estimated $68.9K sold.
Based on aggregated 13F filings for Q4 2023.