Jacobs Asset Management’s Lake Shore Bancorp LSBK Stock Holding History

Jacobs Asset Management’s Portfolio LSBK Stock Details LSBK Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-185,000	Closed	-$2.47M	–	41
2014 Q4	$2.47M	Sell	185,000 -26,426	-12%	-$346K	0.55%	40
2014 Q3	$2.66M	Sell	211,426 -566	-0.3%	-$7K	0.71%	35
2014 Q2	$2.64M	Sell	211,992 -1,702	-0.8%	-$20.9K	0.65%	36
2014 Q1	$2.65M	Sell	213,694 -17,051	-7%	-$211K	0.7%	36
2013 Q4	$2.81M	Sell	230,745 -19,255	-8%	-$230K	0.74%	36
2013 Q3	$2.85M	Sell	250,000 -54,626	-18%	-$633K	0.77%	37
2013 Q2	$3.56M	Buy	+304,626	New	+$3.54M	0.81%	39

Other funds holding LSBK

Stilwell Value New York $167M AUM 3.79% 1-Year Est. Return

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

APCM

Arbiter Partners Capital Management New York $175M AUM 99.81% 1-Year Est. Return

BCM

Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

Minerva Advisors Bala Cynwyd, Pennsylvania $155M AUM 35.49% 1-Year Est. Return

First Manhattan New York $36.1B AUM 11.5% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

Jacobs Asset Management's LSBK Position: Q1 2015 in Review

Jacobs Asset Management sold out of Lake Shore Bancorp (LSBK) in Q1 2015, closing a stake of 185,000 shares — an estimated $2.47M sold.

Jacobs Asset Management first reported a position in LSBK in Q2 2013 and held it in 7 quarters. The position peaked at $3.56M in Q2 2013. 10 funds tracked by Wall St. Rank hold LSBK as of Q1 2015.

Jacobs Asset Management reported no remaining Lake Shore Bancorp position as of Q1 2015 after selling out during the quarter.
Jacobs Asset Management sold 185,000 Lake Shore Bancorp shares in Q1 2015, an estimated $2.47M.
Jacobs Asset Management first reported a position in Lake Shore Bancorp in Q2 2013 and held it in 7 quarters.
Jacobs Asset Management's Lake Shore Bancorp position peaked at $3.56M in Q2 2013.
10 funds tracked by Wall St. Rank held Lake Shore Bancorp as of Q1 2015.

Based on Jacobs Asset Management's 13F filing for Q1 2015, filed 14 May 2015.