FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
14 hedge funds and large institutions have $4.89M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
17% more funds holding
Funds holding: 12 → 14 (+2)
15% more capital invested
Capital invested by funds: $4.25M → $4.89M (+$648K)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$310K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$145K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$13.2K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$144K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.04K |
| 3 |
Morgan Stanley
New York
|
-$3.74K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJL
1
Gendell Jeffrey L
| $1.72M | – | – | – |
|
|
SV
2
Stilwell Value
New York
| $868K | – | – | – |
|
|
3
Dimensional Fund Advisors
Austin,
Texas
| $861K | +$5.04K | +808 | +0.6% |
|
4
William Blair & Company
Chicago,
Illinois
| $455K | – | – | – |
|
|
5
AllianceBernstein
Nashville,
Tennessee
| $317K | +$310K | +49,662 | New |
|
|
AF
6
Aegis Financial
Mc Lean,
Virginia
| $228K | – | – | – |
|
|
7
Creative Planning
Overland Park,
Kansas
| $148K | +$145K | +23,235 | New |
|
8
California Public Employees Retirement System
Sacramento,
California
| $129K | – | – | – |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $70K | -$8.04K | -1,288 | -11% |
|
|
CC
10
Courier Capital
Buffalo,
New York
| $64K | – | – | – |
|
|
11
Morgan Stanley
New York
| $17K | -$3.74K | -599 | -18% |
|
|
12
UBS Group
Zurich,
Switzerland
| $14K | +$13.2K | +2,117 | New |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $1K | -$1.27K | -203 | -47% |
|
|
BIG
14
Blackthorn Investment Group
Overland Park,
Kansas
| – | -$144K | -24,200 | Closed |
|
FFNM Hedge Fund Activity: Q2 2015 in Review
14 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q2 2015, worth a combined $4.89M — up 15% from $4.25M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FFNM positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $310K. The largest seller was Blackthorn Investment Group, exiting entirely with an estimated $144K sold.
- 14 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q2 2015, up from 12 in Q1 2015.
- Funds reported $4.89M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q2 2015, up 15% quarter-over-quarter.
- 3 funds opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q2 2015 and 1 closed out, a net change of +2 holders.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q2 2015 was AllianceBernstein, an estimated $310K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q2 2015 was Blackthorn Investment Group, an estimated $144K sold.
Based on aggregated 13F filings for Q2 2015.