Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
11 hedge funds and large institutions have $14.8M invested in Mackinac Financial Corporation in 2013 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
6% more capital invested
Capital invested by funds: $13.9M → $14.8M (+$886K)
8% less funds holding
Funds holding: 12 → 11 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
+$391K |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$57.6K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$6.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$30.7K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFC
1
Banc Funds Company
Chicago,
Illinois
| $4.81M | -$30.7K | -3,331 | -0.6% |
|
|
FG
2
FSI Group
Cincinnati,
Ohio
| $3.09M | – | – | – |
|
3
Wellington Management Group
Boston,
Massachusetts
| $2.99M | – | – | – |
|
|
CCP
4
Clarkston Capital Partners
Rochester,
Michigan
| $1.46M | +$57.6K | +6,250 | +4% |
|
|
SWITC
5
Stewart West Indies Trading Company
Boulder,
Colorado
| $1.14M | – | – | – |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $616K | – | – | – |
|
|
EVC
7
Eidelman Virant Capital
Saint Louis,
Missouri
| $477K | +$391K | +42,419 | +424% |
|
|
TC
8
Telemus Capital
Southfield,
Michigan
| $168K | +$170K | +18,500 | New |
|
|
U
9
UBS
Zurich,
Switzerland
| $15K | +$6.09K | +661 | +66% |
|
|
AIG
10
American International Group
New York
| $7.33K | – | – | – |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $4K | -$7K | -760 | -64% |
|
MFNC Hedge Fund Activity: Q3 2013 in Review
11 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2013, worth a combined $14.8M — up 6.4% from $13.9M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new MFNC positions and 0 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Eidelman Virant Capital, adding an estimated $391K. The largest seller was Banc Funds Company, cutting an estimated $30.7K.
- 11 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2013, down from 12 in Q2 2013.
- Funds reported $14.8M of Mackinac Financial Corporation stock for Q3 2013, up 6.4% quarter-over-quarter.
- 1 fund opened new Mackinac Financial Corporation positions in Q3 2013 and 0 closed out, a net change of +1 holder.
- The largest Mackinac Financial Corporation buyer in Q3 2013 was Eidelman Virant Capital, an estimated $391K added.
- The largest Mackinac Financial Corporation seller in Q3 2013 was Banc Funds Company, an estimated $30.7K sold.
Based on aggregated 13F filings for Q3 2013.