Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $23.3M invested in Mackinac Financial Corporation in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 3 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
10% less capital invested
Capital invested by funds: $25.8M → $23.3M (-$2.49M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$398K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$221K |
| 3 |
Goldman Sachs
New York
|
+$149K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$88.8K |
| 5 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVC
Eidelman Virant Capital
Saint Louis,
Missouri
|
-$245K |
| 2 |
BIG
Blackthorn Investment Group
Overland Park,
Kansas
|
-$239K |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.04K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
MFNC Hedge Fund Activity: Q3 2014 in Review
20 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2014, worth a combined $23.3M — down 9.7% from $25.8M a quarter earlier.
Fund positioning in MFNC was balanced in Q3 2014: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 1 trimmed.
The largest buyer was Elizabeth Park Capital Advisors, adding an estimated $398K. The largest seller was Eidelman Virant Capital, exiting entirely with an estimated $245K sold.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $23.3M of Mackinac Financial Corporation stock for Q3 2014, down 9.7% quarter-over-quarter.
- 3 funds opened new Mackinac Financial Corporation positions in Q3 2014 and 3 closed out, a net change of 0 holders.
- The largest Mackinac Financial Corporation buyer in Q3 2014 was Elizabeth Park Capital Advisors, an estimated $398K added.
- The largest Mackinac Financial Corporation seller in Q3 2014 was Eidelman Virant Capital, an estimated $245K sold.
Based on aggregated 13F filings for Q3 2014.