Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
51 hedge funds and large institutions have $84.4M invested in Mackinac Financial Corporation in 2019 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
9% more funds holding
Funds holding: 47 → 51 (+4)
6% more capital invested
Capital invested by funds: $79.5M → $84.4M (+$4.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.48M |
| 2 |
State Street
Boston,
Massachusetts
|
+$1.51M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$926K |
| 4 |
EC
EJF Capital
Arlington,
Virginia
|
+$585K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$434K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$2.28M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.26M |
| 3 |
Millennium Management
New York
|
-$1.16M |
| 4 |
JAM
Jacobs Asset Management
New York
|
-$855K |
| 5 |
MCM
Maltese Capital Management
New York
|
-$468K |
MFNC Hedge Fund Activity: Q2 2019 in Review
51 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q2 2019, worth a combined $84.4M — up 6.2% from $79.5M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MFNC positions and 8 closed out — a net gain of 4 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $6.48M. The largest seller was M3F Inc, exiting entirely with an estimated $2.28M sold.
- 51 institutional investors held Mackinac Financial Corporation (MFNC) as of Q2 2019, up from 47 in Q1 2019.
- Funds reported $84.4M of Mackinac Financial Corporation stock for Q2 2019, up 6.2% quarter-over-quarter.
- 12 funds opened new Mackinac Financial Corporation positions in Q2 2019 and 8 closed out, a net change of +4 holders.
- The largest Mackinac Financial Corporation buyer in Q2 2019 was BlackRock, an estimated $6.48M added.
- The largest Mackinac Financial Corporation seller in Q2 2019 was M3F Inc, an estimated $2.28M sold.
Based on aggregated 13F filings for Q2 2019.