Lakeland Bancorp Inc
LBAI
LBAI was delisted on the 15th of May, 2024.
175 hedge funds and large institutions have $485M invested in Lakeland Bancorp Inc in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 58 increasing their positions, 54 reducing their positions, and 24 closing their positions.
13% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 24
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
1% more funds holding
Funds holding: 174 → 175 (+1)
18% less capital invested
Capital invested by funds: $589M → $485M (-$104M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $175K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$13.8M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.78M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$3.75M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.28M |
| 5 |
JP Morgan Chase
New York
|
+$2.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$7.14M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.23M |
| 4 |
MCA
Mendon Capital Advisors
Key Largo,
Florida
|
-$2.03M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.94M |
LBAI Hedge Fund Activity: Q1 2024 in Review
175 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Lakeland Bancorp Inc (LBAI) for Q1 2024, worth a combined $485M — down 18% from $589M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LBAI positions and 24 closed out — a net gain of 3 holders — while 58 added to existing stakes and 54 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $13.8M. The largest seller was Morgan Stanley, cutting an estimated $14M.
- 175 institutional investors held Lakeland Bancorp Inc (LBAI) as of Q1 2024, up from 174 in Q4 2023.
- Funds reported $485M of Lakeland Bancorp Inc stock for Q1 2024, down 18% quarter-over-quarter.
- 27 funds opened new Lakeland Bancorp Inc positions in Q1 2024 and 24 closed out, a net change of +3 holders.
- The largest Lakeland Bancorp Inc buyer in Q1 2024 was Glazer Capital LLC, an estimated $13.8M added.
- The largest Lakeland Bancorp Inc seller in Q1 2024 was Morgan Stanley, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2024.