FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
13 hedge funds and large institutions have $4.92M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2015 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1% more capital invested
Capital invested by funds: $4.89M → $4.92M (+$26K)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
7% less funds holding
Funds holding: 14 → 13 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$164K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$70K |
| 2 |
Morgan Stanley
New York
|
-$10.8K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$133 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJL
1
Gendell Jeffrey L
| $1.7M | – | – | – |
|
|
SV
2
Stilwell Value
New York
| $855K | – | – | – |
|
3
Dimensional Fund Advisors
Austin,
Texas
| $854K | – | – | – |
|
|
4
AllianceBernstein
Nashville,
Tennessee
| $475K | +$164K | +25,840 | +52% |
|
5
William Blair & Company
Chicago,
Illinois
| $448K | – | – | – |
|
|
AF
6
Aegis Financial
Mc Lean,
Virginia
| $224K | – | – | – |
|
7
Creative Planning
Overland Park,
Kansas
| $146K | – | – | – |
|
8
California Public Employees Retirement System
Sacramento,
California
| $128K | – | – | – |
|
|
CC
9
Courier Capital
Buffalo,
New York
| $63K | – | – | – |
|
|
10
UBS Group
Zurich,
Switzerland
| $25K | +$12.2K | +1,928 | +91% |
|
|
11
Morgan Stanley
New York
| $6K | -$10.8K | -1,706 | -63% |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | -$133 | -21 | -9% |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$70K | -10,935 | Closed |
|
FFNM Hedge Fund Activity: Q3 2015 in Review
13 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q3 2015, worth a combined $4.92M — up 0.53% from $4.89M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FFNM and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was AllianceBernstein, adding an estimated $164K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $70K sold.
- 13 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q3 2015, down from 14 in Q2 2015.
- Funds reported $4.92M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q3 2015, up 0.53% quarter-over-quarter.
- 0 funds opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q3 2015 and 1 closed out, a net change of -1 holder.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q3 2015 was AllianceBernstein, an estimated $164K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q3 2015 was Susquehanna International Group, an estimated $70K sold.
Based on aggregated 13F filings for Q3 2015.