FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
15 hedge funds and large institutions have $3.62M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 0 closing their positions.
7% more funds holding
Funds holding: 14 → 15 (+1)
5% less capital invested
Capital invested by funds: $3.8M → $3.62M (-$176K)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJ
Stilwell Joseph
|
+$644K |
| 2 |
GJL
Gendell Jeffrey L
|
+$253K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$20.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$547K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.7K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$8.13K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$163 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJL
1
Gendell Jeffrey L
| $987K | +$253K | +43,569 | +31% |
|
|
2
Dimensional Fund Advisors
Austin,
Texas
| $723K | -$8.13K | -1,400 | -1% |
|
|
SJ
3
Stilwell Joseph
| $644K | +$644K | +110,900 | +1,109% |
|
4
William Blair & Company
Chicago,
Illinois
| $404K | – | – | – |
|
|
FIMG
5
Financial & Investment Management Group
Traverse City,
Michigan
| $340K | -$547K | -94,226 | -60% |
|
|
AF
6
Aegis Financial
Mc Lean,
Virginia
| $190K | – | – | – |
|
7
California Public Employees Retirement System
Sacramento,
California
| $107K | – | – | – |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $87K | -$15.7K | -2,700 | -14% |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $54K | – | – | – |
|
|
CC
10
Courier Capital
Buffalo,
New York
| $53K | – | – | – |
|
|
U
11
UBS
Zurich,
Switzerland
| $26K | +$20.6K | +3,538 | +259% |
|
12
Morgan Stanley
New York
| $5K | – | – | – |
|
|
13
Bank of America
Charlotte,
North Carolina
| $3K | -$163 | -28 | -5% |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| $1K | +$1.16K | +200 | New |
|
FFNM Hedge Fund Activity: Q3 2014 in Review
15 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q3 2014, worth a combined $3.62M — down 4.6% from $3.8M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FFNM positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Stilwell Joseph, adding an estimated $644K. The largest seller was Financial & Investment Management Group, cutting an estimated $547K.
- 15 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q3 2014, up from 14 in Q2 2014.
- Funds reported $3.62M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q3 2014, down 4.6% quarter-over-quarter.
- 1 fund opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q3 2014 and 0 closed out, a net change of +1 holder.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q3 2014 was Stilwell Joseph, an estimated $644K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q3 2014 was Financial & Investment Management Group, an estimated $547K sold.
Based on aggregated 13F filings for Q3 2014.