Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
15 hedge funds and large institutions have $16.8M invested in Mackinac Financial Corporation in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and closing their positions.
36% more funds holding
Funds holding: 11 → 15 (+4)
14% more capital invested
Capital invested by funds: $14.8M → $16.8M (+$2M)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$677K |
| 2 |
JAM
Jacobs Asset Management
New York
|
+$185K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.4K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.37K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$93 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$123K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$92.9K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$7.6K |
MFNC Hedge Fund Activity: Q4 2013 in Review
15 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q4 2013, worth a combined $16.8M — up 14% from $14.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MFNC positions and 0 closed out — a net gain of 4 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Emerald Mutual Fund Advisers Trust, opening a new position worth an estimated $677K. The largest seller was Eidelman Virant Capital, cutting an estimated $123K.
- 15 institutional investors held Mackinac Financial Corporation (MFNC) as of Q4 2013, up from 11 in Q3 2013.
- Funds reported $16.8M of Mackinac Financial Corporation stock for Q4 2013, up 14% quarter-over-quarter.
- 4 funds opened new Mackinac Financial Corporation positions in Q4 2013 and 0 closed out, a net change of +4 holders.
- The largest Mackinac Financial Corporation buyer in Q4 2013 was Emerald Mutual Fund Advisers Trust, an estimated $677K added.
- The largest Mackinac Financial Corporation seller in Q4 2013 was Eidelman Virant Capital, an estimated $123K sold.
Based on aggregated 13F filings for Q4 2013.