We are live on ! Find out more
MFNC

Mackinac Financial Corporation
MFNC

Delisted

MFNC was delisted on the 3rd of September, 2021.

Back to rankings

62 hedge funds and large institutions have $56.3M invested in Mackinac Financial Corporation in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 21 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 2

5% more funds holding

Funds holding: 59 → 62 (+3)

10% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 21

42% less capital invested

Capital invested by funds: $97.2M → $56.3M (-$40.9M)

Holders
62
Holders Change
+3
Holders Change %
+5.08%
% of All Funds
1.37%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
23
Reduced
21
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KCM
Kennedy Capital Management
Missouri
+$564K
2
GT
Greenleaf Trust
Michigan
+$330K
3
FL
Fourthstone LLC
Missouri
+$318K
4
CCP
Clarkston Capital Partners
Michigan
+$281K
5
WC
Walthausen & Co
New York
+$264K

Top Sellers

Rank Fund Capital Flow
1
SCA
Stieven Capital Advisors
Missouri
-$1.7M
2
GJL
Gendell Jeffrey L
-$1.05M
3
JAM
Jacobs Asset Management
New York
-$787K
4
Renaissance Technologies
Renaissance Technologies
New York
-$325K
5
William Blair & Company
William Blair & Company
Illinois
-$287K
Name Holding Trade Value Shares
Change 		Change in
Stake
PAM
26
Panagora Asset Management
Massachusetts
$241K +$141K +9,904 +75%
LSV Asset Management
27
LSV Asset Management
Illinois
$239K +$65.3K +4,587 +25%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$238K – – –
FL
29
Fourthstone LLC
Missouri
$234K +$318K +22,322 New
Charles Schwab
30
Charles Schwab
California
$231K – – –
Wells Fargo
31
Wells Fargo
California
$210K +$57.3K +4,023 +25%
NGA
32
Naples Global Advisors
Florida
$188K -$42.7K -3,000 -14%
William Blair & Company
33
William Blair & Company
Illinois
$182K -$287K -20,160 -54%
TCWM
34
Total Clarity Wealth Management
Illinois
$180K +$14.2K +1,000 +6%
Acadian Asset Management
35
Acadian Asset Management
Massachusetts
$170K – – –
CC
36
Courier Capital
New York
$169K – – –
HC
37
HNP Capital
New York
$169K +$260K +18,263 New
JP Morgan Chase
38
JP Morgan Chase
New York
$165K +$76.2K +5,355 +51%
Creative Planning
39
Creative Planning
Kansas
$150K – – –
California State Teachers Retirement System (CalSTRS)
40
California State Teachers Retirement System (CalSTRS)
California
$150K +$2.33K +164 +1%
RhumbLine Advisers
41
RhumbLine Advisers
Massachusetts
$150K +$205K +14,371 New
N
42
Nuveen
North Carolina
$143K – – –
SC
43
Steph & Co
Wisconsin
$137K -$7.97K -560 -4%
Morgan Stanley
44
Morgan Stanley
New York
$120K -$116K -8,130 -41%
SO
45
STRS Ohio
Ohio
$104K – – –
New York State Common Retirement Fund
46
New York State Common Retirement Fund
New York
$98K – – –
OSAM
47
O'Shaughnessy Asset Management
Connecticut
$82K +$47.8K +3,355 +72%
Bank of America
48
Bank of America
North Carolina
$61K -$23.3K -1,635 -22%
AIG
49
American International Group
New York
$57K -$4.48K -315 -5%
UBS Group
50
UBS Group
Switzerland
$56K -$128K -9,015 -63%
1
2
3

MFNC Hedge Fund Activity: Q1 2020 in Review

62 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q1 2020, worth a combined $56.3M — down 42% from $97.2M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MFNC positions and 2 closed out — a net gain of 4 holders — while 23 added to existing stakes and 21 trimmed.

The largest buyer was Kennedy Capital Management, adding an estimated $564K. The largest seller was Stieven Capital Advisors, cutting an estimated $1.7M.

  • 62 institutional investors held Mackinac Financial Corporation (MFNC) as of Q1 2020, up from 59 in Q4 2019.
  • Funds reported $56.3M of Mackinac Financial Corporation stock for Q1 2020, down 42% quarter-over-quarter.
  • 6 funds opened new Mackinac Financial Corporation positions in Q1 2020 and 2 closed out, a net change of +4 holders.
  • The largest Mackinac Financial Corporation buyer in Q1 2020 was Kennedy Capital Management, an estimated $564K added.
  • The largest Mackinac Financial Corporation seller in Q1 2020 was Stieven Capital Advisors, an estimated $1.7M sold.

Based on aggregated 13F filings for Q1 2020.