Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
17 hedge funds and large institutions have $18.7M invested in Mackinac Financial Corporation in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
11% less capital invested
Capital invested by funds: $20.9M → $18.7M (-$2.22M)
15% less funds holding
Funds holding: 20 → 17 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$3.61M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$921K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$311K |
| 4 |
AIG
American International Group
New York
|
+$6.57K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.73K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FG
FSI Group
Cincinnati,
Ohio
|
-$3.58M |
| 2 |
SWITC
Stewart West Indies Trading Company
Boulder,
Colorado
|
-$1.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$267K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$200K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$62.9K |
MFNC Hedge Fund Activity: Q3 2015 in Review
17 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2015, worth a combined $18.7M — down 11% from $20.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of MFNC and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Dimensional Fund Advisors, opening a new position worth an estimated $3.61M. The largest seller was FSI Group, exiting entirely with an estimated $3.58M sold.
- 17 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2015, down from 20 in Q2 2015.
- Funds reported $18.7M of Mackinac Financial Corporation stock for Q3 2015, down 11% quarter-over-quarter.
- 2 funds opened new Mackinac Financial Corporation positions in Q3 2015 and 5 closed out, a net change of -3 holders.
- The largest Mackinac Financial Corporation buyer in Q3 2015 was Dimensional Fund Advisors, an estimated $3.61M added.
- The largest Mackinac Financial Corporation seller in Q3 2015 was FSI Group, an estimated $3.58M sold.
Based on aggregated 13F filings for Q3 2015.