Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
20 hedge funds and large institutions have $21.1M invested in Mackinac Financial Corporation in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
9% more capital invested
Capital invested by funds: $19.4M → $21.1M (+$1.67M)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$314K |
| 2 |
GJL
Gendell Jeffrey L
|
+$244K |
| 3 |
Renaissance Technologies
New York
|
+$181K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$97.5K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$65.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.21M |
| 2 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$117K |
| 3 |
RA
Raffles Associates
New York
|
-$101K |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$37K |
MFNC Hedge Fund Activity: Q4 2016 in Review
20 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q4 2016, worth a combined $21.1M — up 8.6% from $19.4M a quarter earlier.
Fund positioning in MFNC was balanced in Q4 2016: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was BHZ Capital Management, opening a new position worth an estimated $314K. The largest seller was Banc Funds Company, cutting an estimated $2.21M.
- 20 institutional investors held Mackinac Financial Corporation (MFNC) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $21.1M of Mackinac Financial Corporation stock for Q4 2016, up 8.6% quarter-over-quarter.
- 3 funds opened new Mackinac Financial Corporation positions in Q4 2016 and 3 closed out, a net change of 0 holders.
- The largest Mackinac Financial Corporation buyer in Q4 2016 was BHZ Capital Management, an estimated $314K added.
- The largest Mackinac Financial Corporation seller in Q4 2016 was Banc Funds Company, an estimated $2.21M sold.
Based on aggregated 13F filings for Q4 2016.