FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM
FFNM was delisted on the 24th of December, 2015.
4 hedge funds and large institutions have $2.44M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2015 Q4 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 9 closing their positions.
50% less capital invested
Capital invested by funds: $4.92M → $2.44M (-$2.48M)
69% less funds holding
Funds holding: 13 → 4 (-9)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GJL
Gendell Jeffrey L
|
+$57.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SV
Stilwell Value
New York
|
-$855K |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$854K |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$475K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$146K |
| 5 |
CC
Courier Capital
Buffalo,
New York
|
-$63K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GJL
1
Gendell Jeffrey L
| $1.68M | +$57.7K | +8,942 | +3% |
|
2
William Blair & Company
Chicago,
Illinois
| $429K | – | – | – |
|
|
AF
3
Aegis Financial
Mc Lean,
Virginia
| $215K | – | – | – |
|
4
California Public Employees Retirement System
Sacramento,
California
| $121K | – | – | – |
|
|
SV
5
Stilwell Value
New York
| – | -$855K | -135,900 | Closed |
|
|
6
Dimensional Fund Advisors
Austin,
Texas
| – | -$854K | -134,774 | Closed |
|
|
7
AllianceBernstein
Nashville,
Tennessee
| – | -$475K | -75,502 | Closed |
|
|
8
Creative Planning
Overland Park,
Kansas
| – | -$146K | -23,235 | Closed |
|
|
CC
9
Courier Capital
Buffalo,
New York
| – | -$63K | -10,000 | Closed |
|
10
UBS Group
Zurich,
Switzerland
| – | -$25K | -4,045 | Closed |
|
11
Morgan Stanley
New York
| – | -$6K | -1,000 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -205 | Closed |
|
FFNM Hedge Fund Activity: Q4 2015 in Review
4 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q4 2015, worth a combined $2.44M — down 50% from $4.92M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FFNM and 0 opened new positions — a net loss of 9 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Gendell Jeffrey L, adding an estimated $57.7K. The largest seller was Stilwell Value, exiting entirely with an estimated $855K sold.
- 4 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q4 2015, down from 13 in Q3 2015.
- Funds reported $2.44M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q4 2015, down 50% quarter-over-quarter.
- 0 funds opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q4 2015 and 9 closed out, a net change of -9 holders.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q4 2015 was Gendell Jeffrey L, an estimated $57.7K added.
- The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q4 2015 was Stilwell Value, an estimated $855K sold.
Based on aggregated 13F filings for Q4 2015.