Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
58 hedge funds and large institutions have $84.4M invested in Mackinac Financial Corporation in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 14 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
21% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 14
14% more funds holding
Funds holding: 51 → 58 (+7)
0% more capital invested
Capital invested by funds: $84.4M → $84.4M (+$45.9K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$1.12M |
| 2 |
BlackRock
New York
|
+$513K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$343K |
| 4 |
Renaissance Technologies
New York
|
+$241K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$560K |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$413K |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$347K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$211K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$44.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of Montreal
Toronto,
Ontario, Canada
| $13K | +$603 | +40 | +5% |
|
|
OSAM
52
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $8K | +$7.58K | +503 | New |
|
|
MAM
53
Meeder Asset Management
Dublin,
Ohio
| $5K | +$4.52K | +300 | New |
|
|
RCAG
54
Rehmann Capital Advisory Group
Lansing,
Michigan
| $4K | – | – | – |
|
55
Citigroup
New York
| $4K | -$32K | -2,122 | -90% |
|
56
Federated Hermes
Pittsburgh,
Pennsylvania
| $4K | +$4.19K | +278 | New |
|
|
CTC
57
Central Trust Company
Jefferson City,
Missouri
| $2K | +$2.26K | +150 | New |
|
58
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$573 | +38 | New |
|
|
PAM
59
Panagora Asset Management
Boston,
Massachusetts
| – | -$3K | -194 | Closed |
|
MFNC Hedge Fund Activity: Q3 2019 in Review
58 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2019, worth a combined $84.4M — up 0.05% from $84.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MFNC positions and 1 closed out — a net gain of 7 holders — while 17 added to existing stakes and 14 trimmed.
The largest buyer was Northern Trust, adding an estimated $1.12M. The largest seller was Jacobs Asset Management, cutting an estimated $560K.
- 58 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2019, up from 51 in Q2 2019.
- Funds reported $84.4M of Mackinac Financial Corporation stock for Q3 2019, up 0.05% quarter-over-quarter.
- 8 funds opened new Mackinac Financial Corporation positions in Q3 2019 and 1 closed out, a net change of +7 holders.
- The largest Mackinac Financial Corporation buyer in Q3 2019 was Northern Trust, an estimated $1.12M added.
- The largest Mackinac Financial Corporation seller in Q3 2019 was Jacobs Asset Management, an estimated $560K sold.
Based on aggregated 13F filings for Q3 2019.