Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
19 hedge funds and large institutions have $25.1M invested in Mackinac Financial Corporation in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
49% more capital invested
Capital invested by funds: $16.8M → $25.1M (+$8.28M)
27% more funds holding
Funds holding: 15 → 19 (+4)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$2.82M |
| 2 |
GJL
Gendell Jeffrey L
|
+$588K |
| 3 |
RA
Raffles Associates
New York
|
+$351K |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$339K |
| 5 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$426K |
| 2 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$236K |
| 3 |
JAM
Jacobs Asset Management
New York
|
-$197K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$5.47K |
MFNC Hedge Fund Activity: Q1 2014 in Review
19 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q1 2014, worth a combined $25.1M — up 49% from $16.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MFNC positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, opening a new position worth an estimated $2.82M. The largest seller was Emerald Mutual Fund Advisers Trust, cutting an estimated $426K.
- 19 institutional investors held Mackinac Financial Corporation (MFNC) as of Q1 2014, up from 15 in Q4 2013.
- Funds reported $25.1M of Mackinac Financial Corporation stock for Q1 2014, up 49% quarter-over-quarter.
- 6 funds opened new Mackinac Financial Corporation positions in Q1 2014 and 2 closed out, a net change of +4 holders.
- The largest Mackinac Financial Corporation buyer in Q1 2014 was Elizabeth Park Capital Advisors, an estimated $2.82M added.
- The largest Mackinac Financial Corporation seller in Q1 2014 was Emerald Mutual Fund Advisers Trust, an estimated $426K sold.
Based on aggregated 13F filings for Q1 2014.