FIRSTBANK CORP (MICH)
FBMI
FBMI was delisted on the 30th of May, 2014.
1 hedge funds and large institutions have $2K invested in FIRSTBANK CORP (MICH) in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 0 reducing their positions, and 29 closing their positions.
97% less funds holding
Funds holding: 29 → 1 (-28)
97% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 29
100% less capital invested
Capital invested by funds: $40.6M → $2K (-$40.6M)
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$11.6M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$9.86M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$4.95M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.08M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
-$2.08M |
FBMI Hedge Fund Activity: Q2 2014 in Review
1 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in FIRSTBANK CORP (MICH) (FBMI) for Q2 2014, worth a combined $2K — down 100% from $40.6M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FBMI and 1 opened new positions — a net loss of 28 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Wellington Management Group, exiting entirely with an estimated $11.6M sold.
- 1 institutional investor held FIRSTBANK CORP (MICH) (FBMI) as of Q2 2014, down from 29 in Q1 2014.
- Funds reported $2K of FIRSTBANK CORP (MICH) stock for Q2 2014, down 100% quarter-over-quarter.
- 1 fund opened new FIRSTBANK CORP (MICH) positions in Q2 2014 and 29 closed out, a net change of -28 holders.
- The largest FIRSTBANK CORP (MICH) seller in Q2 2014 was Wellington Management Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q2 2014.