Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
18 hedge funds and large institutions have $20.4M invested in Mackinac Financial Corporation in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $18.7M → $20.4M (+$1.67M)
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$263K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$111K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$21K |
| 4 |
GJL
Gendell Jeffrey L
|
+$15.1K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.43K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$435K |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$238K |
| 3 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$185K |
| 4 |
TC
Telemus Capital
Southfield,
Michigan
|
-$184K |
| 5 |
Goldman Sachs
New York
|
-$15.9K |
MFNC Hedge Fund Activity: Q4 2015 in Review
18 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q4 2015, worth a combined $20.4M — up 9% from $18.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MFNC positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 3 trimmed.
The largest buyer was Manulife (Manufacturers Life Insurance), adding an estimated $263K. The largest seller was Stifel Financial, exiting entirely with an estimated $435K sold.
- 18 institutional investors held Mackinac Financial Corporation (MFNC) as of Q4 2015, up from 17 in Q3 2015.
- Funds reported $20.4M of Mackinac Financial Corporation stock for Q4 2015, up 9% quarter-over-quarter.
- 3 funds opened new Mackinac Financial Corporation positions in Q4 2015 and 2 closed out, a net change of +1 holder.
- The largest Mackinac Financial Corporation buyer in Q4 2015 was Manulife (Manufacturers Life Insurance), an estimated $263K added.
- The largest Mackinac Financial Corporation seller in Q4 2015 was Stifel Financial, an estimated $435K sold.
Based on aggregated 13F filings for Q4 2015.