Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $20.9M invested in Mackinac Financial Corporation in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 4 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)
5% less capital invested
Capital invested by funds: $22.1M → $20.9M (-$1.2M)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$869K |
| 2 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$211K |
| 3 |
Goldman Sachs
New York
|
+$168K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.6K |
| 5 |
Morgan Stanley
New York
|
+$11 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$460K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$76.6K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.87K |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3K |
MFNC Hedge Fund Activity: Q2 2015 in Review
20 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q2 2015, worth a combined $20.9M — down 5.4% from $22.1M 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 4 trimmed.
The largest buyer was Clarkston Capital Partners, adding an estimated $869K. The largest seller was Wellington Management Group, cutting an estimated $460K.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q2 2015, up from 19 in Q1 2015.
- Funds reported $20.9M of Mackinac Financial Corporation stock for Q2 2015, down 5.4% quarter-over-quarter.
- 3 funds opened new Mackinac Financial Corporation positions in Q2 2015 and 2 closed out, a net change of +1 holder.
- The largest Mackinac Financial Corporation buyer in Q2 2015 was Clarkston Capital Partners, an estimated $869K added.
- The largest Mackinac Financial Corporation seller in Q2 2015 was Wellington Management Group, an estimated $460K sold.
Based on aggregated 13F filings for Q2 2015.