Lakeland Bancorp Inc
LBAI
LBAI was delisted on the 15th of May, 2024.
175 hedge funds and large institutions have $522M invested in Lakeland Bancorp Inc in 2023 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 57 increasing their positions, 70 reducing their positions, and 19 closing their positions.
903% more call options, than puts
Call options by funds: $632K | Put options by funds: $63K
1% less funds holding
Funds holding: 176 → 175 (-1)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
13% less capital invested
Capital invested by funds: $602M → $522M (-$80.2M)
19% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 70
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
+$5.02M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.98M |
| 3 |
Millennium Management
New York
|
+$3.85M |
| 4 |
E
Ergoteles
New York
|
+$3.79M |
| 5 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$3.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VI
Versor Investments
New York
|
-$12.5M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
-$4.57M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$3.89M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.71M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$3.15M |
LBAI Hedge Fund Activity: Q2 2023 in Review
175 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lakeland Bancorp Inc (LBAI) for Q2 2023, worth a combined $522M — down 13% from $602M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LBAI and 18 opened new positions — a net loss of 1 holder — while 70 trimmed existing stakes and 57 added.
The largest buyer was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, opening a new position worth an estimated $5.02M. The largest seller was Versor Investments, cutting an estimated $12.5M.
- 175 institutional investors held Lakeland Bancorp Inc (LBAI) as of Q2 2023, down from 176 in Q1 2023.
- Funds reported $522M of Lakeland Bancorp Inc stock for Q2 2023, down 13% quarter-over-quarter.
- 18 funds opened new Lakeland Bancorp Inc positions in Q2 2023 and 19 closed out, a net change of -1 holder.
- The largest Lakeland Bancorp Inc buyer in Q2 2023 was Healthcare of Ontario Pension Plan (HOOPP) Trust Fund, an estimated $5.02M added.
- The largest Lakeland Bancorp Inc seller in Q2 2023 was Versor Investments, an estimated $12.5M sold.
Based on aggregated 13F filings for Q2 2023.