FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
14 hedge funds and large institutions have $3.13M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 0 closing their positions.
8% more funds holding
Funds holding: 13 → 14 (+1)
9% less capital invested
Capital invested by funds: $3.43M → $3.13M (-$298K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$5.74K |
| 2 |
Morgan Stanley
New York
|
+$26 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$40.3K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.01K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$77 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIMG
1
Financial & Investment Management Group
Traverse City,
Michigan
| $834K | -$40.3K | -7,889 | -5% |
|
|
GJL
2
Gendell Jeffrey L
| $708K | – | – | – |
|
3
Dimensional Fund Advisors
Austin,
Texas
| $694K | – | – | – |
|
4
William Blair & Company
Chicago,
Illinois
| $381K | – | – | – |
|
|
AF
5
Aegis Financial
Mc Lean,
Virginia
| $178K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $122K | -$12.8K | -2,500 | -9% |
|
7
California Public Employees Retirement System
Sacramento,
California
| $97K | – | – | – |
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $51K | – | – | – |
|
|
CC
9
Courier Capital
Buffalo,
New York
| $50K | – | – | – |
|
|
U
10
UBS
Zurich,
Switzerland
| $6K | +$5.74K | +1,123 | New |
|
|
11
Morgan Stanley
New York
| $5K | +$26 | +5 | +0.5% |
|
|
12
Bank of America
Charlotte,
North Carolina
| $2K | -$77 | -15 | -3% |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$1.01K | -197 | -99% |
|
FFNM Hedge Fund Activity: Q1 2014 in Review
14 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q1 2014, worth a combined $3.13M — down 8.7% from $3.43M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FFNM positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was UBS, opening a new position worth an estimated $5.74K. The largest seller was Financial & Investment Management Group, cutting an estimated $40.3K.
- 14 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q1 2014, up from 13 in Q4 2013.
- Funds reported $3.13M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q1 2014, down 8.7% quarter-over-quarter.
- 1 fund opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q1 2014 and 0 closed out, a net change of +1 holder.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q1 2014 was UBS, an estimated $5.74K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q1 2014 was Financial & Investment Management Group, an estimated $40.3K sold.
Based on aggregated 13F filings for Q1 2014.