Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $19.4M invested in Mackinac Financial Corporation in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
2% less capital invested
Capital invested by funds: $19.8M → $19.4M (-$418K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$335K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$65.4K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$34K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$27.9K |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.74K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.27M |
| 2 |
TC
Telemus Capital
Southfield,
Michigan
|
-$447K |
| 3 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$9.76K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.16K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$631 |
MFNC Hedge Fund Activity: Q3 2016 in Review
20 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2016, worth a combined $19.4M — down 2.1% from $19.8M a quarter earlier.
Fund positioning in MFNC was balanced in Q3 2016: 1 fund opened new positions, 1 closed out, 6 added to existing stakes and 4 trimmed.
The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $335K. The largest seller was Banc Funds Company, cutting an estimated $1.27M.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $19.4M of Mackinac Financial Corporation stock for Q3 2016, down 2.1% quarter-over-quarter.
- 1 fund opened new Mackinac Financial Corporation positions in Q3 2016 and 1 closed out, a net change of 0 holders.
- The largest Mackinac Financial Corporation buyer in Q3 2016 was Bridgeway Capital Management, an estimated $335K added.
- The largest Mackinac Financial Corporation seller in Q3 2016 was Banc Funds Company, an estimated $1.27M sold.
Based on aggregated 13F filings for Q3 2016.