Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
26 hedge funds and large institutions have $27.4M invested in Mackinac Financial Corporation in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
30% more capital invested
Capital invested by funds: $21.1M → $27.4M (+$6.33M)
30% more funds holding
Funds holding: 20 → 26 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$1.42M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$404K |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$241K |
| 4 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$174K |
| 5 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$369K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TRCT
26
Tower Research Capital (TRC)
New York
| $1K | +$670 | +50 | New |
|
|
27
Acadian Asset Management
Boston,
Massachusetts
| – | -$3K | -206 | Closed |
|
MFNC Hedge Fund Activity: Q1 2017 in Review
26 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q1 2017, worth a combined $27.4M — up 30% from $21.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MFNC positions and 1 closed out — a net gain of 8 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Clarkston Capital Partners, adding an estimated $1.42M. The largest seller was Wellington Management Group, cutting an estimated $369K.
- 26 institutional investors held Mackinac Financial Corporation (MFNC) as of Q1 2017, up from 20 in Q4 2016.
- Funds reported $27.4M of Mackinac Financial Corporation stock for Q1 2017, up 30% quarter-over-quarter.
- 9 funds opened new Mackinac Financial Corporation positions in Q1 2017 and 1 closed out, a net change of +8 holders.
- The largest Mackinac Financial Corporation buyer in Q1 2017 was Clarkston Capital Partners, an estimated $1.42M added.
- The largest Mackinac Financial Corporation seller in Q1 2017 was Wellington Management Group, an estimated $369K sold.
Based on aggregated 13F filings for Q1 2017.