Lakeland Bancorp Inc
LBAI
LBAI was delisted on the 15th of May, 2024.
173 hedge funds and large institutions have $480M invested in Lakeland Bancorp Inc in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 14 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% less funds holding
Funds holding: 175 → 173 (-2)
8% less capital invested
Capital invested by funds: $522M → $480M (-$42.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$5.11M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$2.88M |
| 3 |
LP
LMR Partners
London,
United Kingdom
|
+$2.64M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$2.16M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$950K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
-$8.41M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$4.81M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.31M |
| 4 |
BCM
BHZ Capital Management
San Jose,
California
|
-$2.01M |
| 5 |
E
Ergoteles
New York
|
-$1.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
176
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4.31M | -285,490 | Closed |
|
|
BCM
177
BHZ Capital Management
San Jose,
California
| – | -$2.01M | -150,055 | Closed |
|
178
Franklin Resources
San Mateo,
California
| – | -$549K | -40,983 | Closed |
|
|
DFCM
179
Dark Forest Capital Management
San Juan,
Puerto Rico
| – | -$381K | -28,484 | Closed |
|
|
CIAS
180
CFS Investment Advisory Services
Totowa,
New Jersey
| – | -$375K | -27,971 | Closed |
|
|
SFI
181
Susquehanna Fundamental Investments
Bala Cynwyd,
Pennsylvania
| – | -$222K | -16,587 | Closed |
|
182
Citadel Advisors
Miami,
Florida
| – | -$180K | -13,452 | Closed |
|
|
AG
183
Algert Global
San Francisco,
California
| – | -$144K | -10,777 | Closed |
|
|
GFS
184
GYL Financial Synergies
West Hartford,
Connecticut
| – | -$136K | -10,151 | Closed |
|
|
YIH
185
Y-Intercept (HK)
Hong Kong
| – | -$135K | -10,053 | Closed |
|
186
Rockefeller Capital Management
New York
| – | -$49.9K | -3,729 | Closed |
|
|
PI
187
PEAK6 Investments
Chicago,
Illinois
| – | -$39.8K | -2,974 | Closed |
|
LBAI Hedge Fund Activity: Q3 2023 in Review
173 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lakeland Bancorp Inc (LBAI) for Q3 2023, worth a combined $480M — down 8.1% from $522M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new LBAI positions and 14 closed out — a net gain of 1 holder — while 68 added to existing stakes and 51 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $5.11M. The largest seller was Versor Investments, exiting entirely with an estimated $8.41M sold.
- 173 institutional investors held Lakeland Bancorp Inc (LBAI) as of Q3 2023, down from 175 in Q2 2023.
- Funds reported $480M of Lakeland Bancorp Inc stock for Q3 2023, down 8.1% quarter-over-quarter.
- 15 funds opened new Lakeland Bancorp Inc positions in Q3 2023 and 14 closed out, a net change of +1 holder.
- The largest Lakeland Bancorp Inc buyer in Q3 2023 was AllianceBernstein, an estimated $5.11M added.
- The largest Lakeland Bancorp Inc seller in Q3 2023 was Versor Investments, an estimated $8.41M sold.
Based on aggregated 13F filings for Q3 2023.