Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $19.8M invested in Mackinac Financial Corporation in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
25% more funds holding
Funds holding: 16 → 20 (+4)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
9% more capital invested
Capital invested by funds: $18.1M → $19.8M (+$1.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$641K |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$442K |
| 3 |
TC
Telemus Capital
Southfield,
Michigan
|
+$432K |
| 4 |
RA
Raffles Associates
New York
|
+$155K |
| 5 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$516K |
| 2 |
SV
Stilwell Value
New York
|
-$359K |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$297K |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$248K |
| 5 |
Morgan Stanley
New York
|
-$47.4K |
MFNC Hedge Fund Activity: Q2 2016 in Review
20 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q2 2016, worth a combined $19.8M — up 9.1% from $18.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MFNC positions and 3 closed out — a net gain of 4 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $641K. The largest seller was Banc Funds Company, cutting an estimated $516K.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q2 2016, up from 16 in Q1 2016.
- Funds reported $19.8M of Mackinac Financial Corporation stock for Q2 2016, up 9.1% quarter-over-quarter.
- 7 funds opened new Mackinac Financial Corporation positions in Q2 2016 and 3 closed out, a net change of +4 holders.
- The largest Mackinac Financial Corporation buyer in Q2 2016 was Vanguard Group, an estimated $641K added.
- The largest Mackinac Financial Corporation seller in Q2 2016 was Banc Funds Company, an estimated $516K sold.
Based on aggregated 13F filings for Q2 2016.