FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
14 hedge funds and large institutions have $3.8M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 1 closing their positions.
21% more capital invested
Capital invested by funds: $3.13M → $3.8M (+$672K)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJ
Stilwell Joseph
|
+$53.2K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$1.28K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$149 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$47.1K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$27.8K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FIMG
1
Financial & Investment Management Group
Traverse City,
Michigan
| $967K | -$47.1K | -8,855 | -5% |
|
|
GJL
2
Gendell Jeffrey L
| $867K | – | – | – |
|
|
3
Dimensional Fund Advisors
Austin,
Texas
| $841K | -$1.59K | -300 | -0.2% |
|
4
William Blair & Company
Chicago,
Illinois
| $465K | – | – | – |
|
|
AF
5
Aegis Financial
Mc Lean,
Virginia
| $218K | – | – | – |
|
6
California Public Employees Retirement System
Sacramento,
California
| $123K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $117K | -$27.8K | -5,232 | -21% |
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $63K | – | – | – |
|
|
CC
9
Courier Capital
Buffalo,
New York
| $61K | – | – | – |
|
|
SJ
10
Stilwell Joseph
| $61K | +$53.2K | +10,000 | New |
|
|
U
11
UBS
Zurich,
Switzerland
| $8K | +$1.28K | +241 | +21% |
|
12
Morgan Stanley
New York
| $6K | – | – | – |
|
|
13
Bank of America
Charlotte,
North Carolina
| $3K | +$149 | +28 | +6% |
|
FFNM Hedge Fund Activity: Q2 2014 in Review
14 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q2 2014, worth a combined $3.8M — up 21% from $3.13M a quarter earlier.
Fund positioning in FFNM was balanced in Q2 2014: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Stilwell Joseph, opening a new position worth an estimated $53.2K. The largest seller was Financial & Investment Management Group, cutting an estimated $47.1K.
- 14 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $3.8M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q2 2014, up 21% quarter-over-quarter.
- 1 fund opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q2 2014 and 1 closed out, a net change of 0 holders.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q2 2014 was Stilwell Joseph, an estimated $53.2K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q2 2014 was Financial & Investment Management Group, an estimated $47.1K sold.
Based on aggregated 13F filings for Q2 2014.