Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
19 hedge funds and large institutions have $22.1M invested in Mackinac Financial Corporation in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 18 → 19 (+1)
10% less capital invested
Capital invested by funds: $24.6M → $22.1M (-$2.5M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$292K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.92K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$1.73M |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$222K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$22.3K |
| 4 |
AIG
American International Group
New York
|
-$11.6K |
| 5 |
TC
Telemus Capital
Southfield,
Michigan
|
-$1.16K |
MFNC Hedge Fund Activity: Q1 2015 in Review
19 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q1 2015, worth a combined $22.1M — down 10% from $24.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MFNC positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Wells Fargo, opening a new position worth an estimated $292K. The largest seller was Clarkston Capital Partners, cutting an estimated $1.73M.
- 19 institutional investors held Mackinac Financial Corporation (MFNC) as of Q1 2015, up from 18 in Q4 2014.
- Funds reported $22.1M of Mackinac Financial Corporation stock for Q1 2015, down 10% quarter-over-quarter.
- 2 funds opened new Mackinac Financial Corporation positions in Q1 2015 and 1 closed out, a net change of +1 holder.
- The largest Mackinac Financial Corporation buyer in Q1 2015 was Wells Fargo, an estimated $292K added.
- The largest Mackinac Financial Corporation seller in Q1 2015 was Clarkston Capital Partners, an estimated $1.73M sold.
Based on aggregated 13F filings for Q1 2015.