Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $25.8M invested in Mackinac Financial Corporation in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 19 → 20 (+1)
3% more capital invested
Capital invested by funds: $25.1M → $25.8M (+$706K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$735K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$33.9K |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$9.46K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$6.56K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$646 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$570K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$15.8K |
| 3 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$10.8K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$5K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2K |
MFNC Hedge Fund Activity: Q2 2014 in Review
20 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q2 2014, worth a combined $25.8M — up 2.8% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MFNC positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $735K. The largest seller was Banc Funds Company, cutting an estimated $570K.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q2 2014, up from 19 in Q1 2014.
- Funds reported $25.8M of Mackinac Financial Corporation stock for Q2 2014, up 2.8% quarter-over-quarter.
- 3 funds opened new Mackinac Financial Corporation positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest Mackinac Financial Corporation buyer in Q2 2014 was Elizabeth Park Capital Advisors, an estimated $735K added.
- The largest Mackinac Financial Corporation seller in Q2 2014 was Banc Funds Company, an estimated $570K sold.
Based on aggregated 13F filings for Q2 2014.