FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
14 hedge funds and large institutions have $3.73M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
3% more capital invested
Capital invested by funds: $3.62M → $3.73M (+$108K)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
7% less funds holding
Funds holding: 15 → 14 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$251K |
| 2 |
SJ
Stilwell Joseph
|
+$77.8K |
| 3 |
Morgan Stanley
New York
|
+$14K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.63K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$596 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$259K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$41.8K |
| 3 |
William Blair & Company
Chicago,
Illinois
|
-$25.9K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$12.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJL
1
Gendell Jeffrey L
| $1.28M | +$251K | +48,510 | +26% |
|
|
SJ
2
Stilwell Joseph
| $746K | +$77.8K | +15,000 | +12% |
|
|
3
Dimensional Fund Advisors
Austin,
Texas
| $731K | -$12.9K | -2,496 | -2% |
|
|
4
William Blair & Company
Chicago,
Illinois
| $389K | -$25.9K | -5,000 | -7% |
|
|
AF
5
Aegis Financial
Mc Lean,
Virginia
| $196K | – | – | – |
|
6
California Public Employees Retirement System
Sacramento,
California
| $114K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $93K | +$3.63K | +700 | +4% |
|
|
FIMG
8
Financial & Investment Management Group
Traverse City,
Michigan
| $75K | -$259K | -50,009 | -78% |
|
|
CC
9
Courier Capital
Buffalo,
New York
| $55K | – | – | – |
|
|
10
Morgan Stanley
New York
| $20K | +$14K | +2,700 | +269% |
|
11
UBS Group
Zurich,
Switzerland
| $16K | +$14.7K | +2,827 | New |
|
|
12
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $12K | -$41.8K | -8,061 | -78% |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $2K | +$596 | +115 | +58% |
|
|
14
Bank of America
Charlotte,
North Carolina
| – | -$3K | -500 | Closed |
|
FFNM Hedge Fund Activity: Q4 2014 in Review
14 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q4 2014, worth a combined $3.73M — up 3% from $3.62M a quarter earlier.
Fund positioning in FFNM was balanced in Q4 2014: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was Gendell Jeffrey L, adding an estimated $251K. The largest seller was Financial & Investment Management Group, cutting an estimated $259K.
- 14 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q4 2014, down from 15 in Q3 2014.
- Funds reported $3.73M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q4 2014, up 3% quarter-over-quarter.
- 1 fund opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q4 2014 and 1 closed out, a net change of 0 holders.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q4 2014 was Gendell Jeffrey L, an estimated $251K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q4 2014 was Financial & Investment Management Group, an estimated $259K sold.
Based on aggregated 13F filings for Q4 2014.