Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
18 hedge funds and large institutions have $24.6M invested in Mackinac Financial Corporation in 2014 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
6% more capital invested
Capital invested by funds: $23.3M → $24.6M (+$1.33M)
10% less funds holding
Funds holding: 20 → 18 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$157K |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$73K |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$39.3K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$17K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$7.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$141K |
| 2 |
TC
Telemus Capital
Southfield,
Michigan
|
-$2.29K |
MFNC Hedge Fund Activity: Q4 2014 in Review
18 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q4 2014, worth a combined $24.6M — up 5.7% from $23.3M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of MFNC and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was Banc Funds Company, adding an estimated $157K. The largest seller was Goldman Sachs, exiting entirely with an estimated $141K sold.
- 18 institutional investors held Mackinac Financial Corporation (MFNC) as of Q4 2014, down from 20 in Q3 2014.
- Funds reported $24.6M of Mackinac Financial Corporation stock for Q4 2014, up 5.7% quarter-over-quarter.
- 0 funds opened new Mackinac Financial Corporation positions in Q4 2014 and 1 closed out, a net change of -1 holder.
- The largest Mackinac Financial Corporation buyer in Q4 2014 was Banc Funds Company, an estimated $157K added.
- The largest Mackinac Financial Corporation seller in Q4 2014 was Goldman Sachs, an estimated $141K sold.
Based on aggregated 13F filings for Q4 2014.