Lakeland Bancorp Inc
LBAI
LBAI was delisted on the 15th of May, 2024.
176 hedge funds and large institutions have $602M invested in Lakeland Bancorp Inc in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 55 increasing their positions, 61 reducing their positions, and 17 closing their positions.
53% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $726K
6% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 17
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less funds holding
Funds holding: 177 → 176 (-1)
1% less capital invested
Capital invested by funds: $610M → $602M (-$7.16M)
10% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$13.2M |
| 2 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$4.28M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$4.05M |
| 4 |
Millennium Management
New York
|
+$3.36M |
| 5 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$9.04M |
| 2 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$6.29M |
| 3 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$5.53M |
| 4 |
BlackRock
New York
|
-$3.95M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$3.57M |
LBAI Hedge Fund Activity: Q1 2023 in Review
176 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Lakeland Bancorp Inc (LBAI) for Q1 2023, worth a combined $602M — down 1.2% from $610M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LBAI positions and 17 closed out — a net gain of 1 holder — while 55 added to existing stakes and 61 trimmed.
The largest buyer was Citigroup, adding an estimated $13.2M. The largest seller was Banc Funds Company, cutting an estimated $9.04M.
- 176 institutional investors held Lakeland Bancorp Inc (LBAI) as of Q1 2023, down from 177 in Q4 2022.
- Funds reported $602M of Lakeland Bancorp Inc stock for Q1 2023, down 1.2% quarter-over-quarter.
- 18 funds opened new Lakeland Bancorp Inc positions in Q1 2023 and 17 closed out, a net change of +1 holder.
- The largest Lakeland Bancorp Inc buyer in Q1 2023 was Citigroup, an estimated $13.2M added.
- The largest Lakeland Bancorp Inc seller in Q1 2023 was Banc Funds Company, an estimated $9.04M sold.
Based on aggregated 13F filings for Q1 2023.