Choiceone Financial
COFS
37 hedge funds and large institutions have $28M invested in Choiceone Financial in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 4 closing their positions.
544% more capital invested
Capital invested by funds: $4.35M → $28M (+$23.7M)
525% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 4
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
131% more funds holding
Funds holding: 16 → 37 (+21)
10.71% more ownership
Funds ownership: 2.36% → 13.07% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$9.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.1M |
| 3 |
State Street
Boston,
Massachusetts
|
+$2.1M |
| 4 |
SWM
Shakespeare Wealth Management
Pewaukee,
Wisconsin
|
+$1.34M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$827K |
| 2 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$494K |
| 3 |
ECM
ExodusPoint Capital Management
New York
|
-$316K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$233K |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$16K |
COFS Hedge Fund Activity: Q2 2020 in Review
37 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Choiceone Financial (COFS) for Q2 2020, worth a combined $28M — up 544% from $4.35M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new COFS positions and 4 closed out — a net gain of 21 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was BlackRock, opening a new position worth an estimated $9.3M. The largest seller was Millennium Management, exiting entirely with an estimated $827K sold.
- 37 institutional investors held Choiceone Financial (COFS) as of Q2 2020, up from 16 in Q1 2020.
- Funds reported $28M of Choiceone Financial stock for Q2 2020, up 544% quarter-over-quarter.
- 25 funds opened new Choiceone Financial positions in Q2 2020 and 4 closed out, a net change of +21 holders.
- The largest Choiceone Financial buyer in Q2 2020 was BlackRock, an estimated $9.3M added.
- The largest Choiceone Financial seller in Q2 2020 was Millennium Management, an estimated $827K sold.
Based on aggregated 13F filings for Q2 2020.