Mackinac Financial Corporation
MFNC
MFNC was delisted on the 3rd of September, 2021.
22 hedge funds and large institutions have $28.2M invested in Mackinac Financial Corporation in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
14% more capital invested
Capital invested by funds: $24.8M → $28.2M (+$3.38M)
8% less funds holding
Funds holding: 24 → 22 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$518K |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$66K |
| 3 |
GJL
Gendell Jeffrey L
|
+$52.6K |
| 4 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$52.4K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$31.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$45K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$23.4K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
-$15.9K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$10K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$7K |
MFNC Hedge Fund Activity: Q3 2017 in Review
22 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Mackinac Financial Corporation (MFNC) for Q3 2017, worth a combined $28.2M — up 14% from $24.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MFNC and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Kennedy Capital Management, adding an estimated $518K. The largest seller was Deutsche Bank, exiting entirely with an estimated $45K sold.
- 22 institutional investors held Mackinac Financial Corporation (MFNC) as of Q3 2017, down from 24 in Q2 2017.
- Funds reported $28.2M of Mackinac Financial Corporation stock for Q3 2017, up 14% quarter-over-quarter.
- 1 fund opened new Mackinac Financial Corporation positions in Q3 2017 and 3 closed out, a net change of -2 holders.
- The largest Mackinac Financial Corporation buyer in Q3 2017 was Kennedy Capital Management, an estimated $518K added.
- The largest Mackinac Financial Corporation seller in Q3 2017 was Deutsche Bank, an estimated $45K sold.
Based on aggregated 13F filings for Q3 2017.