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FFNM

FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC.
FFNM

Delisted

FFNM was delisted on the 24th of December, 2015.

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3 hedge funds and large institutions have $2.8M invested in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. in 2016 Q1 according to their latest regulatory filings, with funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $2.44M → $2.8M (+$358K)

25% less funds holding

Funds holding: 4 → 3 (-1)

100% less first-time investments, than exits

New positions opened: 0 | Existing positions closed: 1

Holders
3
Holders Change
-1
Holders Change %
-25%
% of All Funds
0.08%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
–
Increased
1
Reduced
–
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GJL
Gendell Jeffrey L
+$40.9K

Top Sellers

Rank Fund Capital Flow
1
California Public Employees Retirement System
California Public Employees Retirement System
California
-$121K
Name Holding Trade Value Shares
Change 		Change in
Stake
GJL
1
Gendell Jeffrey L
$2.04M +$40.9K +5,707 +2%
William Blair & Company
2
William Blair & Company
Illinois
$510K – – –
AF
3
Aegis Financial
Virginia
$255K – – –
California Public Employees Retirement System
4
California Public Employees Retirement System
California
– -$121K -20,153 Closed

FFNM Hedge Fund Activity: Q1 2016 in Review

3 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) for Q1 2016, worth a combined $2.8M — up 15% from $2.44M a quarter earlier.

Sellers outnumbered buyers: 1 fund closed out of FFNM and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.

The largest buyer was Gendell Jeffrey L, adding an estimated $40.9K. The largest seller was California Public Employees Retirement System, exiting entirely with an estimated $121K sold.

  • 3 institutional investors held FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. (FFNM) as of Q1 2016, down from 4 in Q4 2015.
  • Funds reported $2.8M of FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. stock for Q1 2016, up 15% quarter-over-quarter.
  • 0 funds opened new FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. positions in Q1 2016 and 1 closed out, a net change of -1 holder.
  • The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. buyer in Q1 2016 was Gendell Jeffrey L, an estimated $40.9K added.
  • The largest FIRST FEDERAL OF NORTHERN MICHIGAN BANCORP, INC. seller in Q1 2016 was California Public Employees Retirement System, an estimated $121K sold.

Based on aggregated 13F filings for Q1 2016.