Luther Burbank Corporation Common Stock
LBC
LBC was delisted on the 29th of February, 2024.
57 hedge funds and large institutions have $145M invested in Luther Burbank Corporation Common Stock in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 6 reducing their positions, and 10 closing their positions.
467% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 6
9% more capital invested
Capital invested by funds: $133M → $145M (+$12M)
3% less funds holding
Funds holding: 59 → 57 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
+$5.84M |
| 2 |
FCM
FJ Capital Management
Mclean,
Virginia
|
+$5.22M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$3.75M |
| 4 |
BlackRock
New York
|
+$3.05M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$2.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$6.4M |
| 2 |
Millennium Management
New York
|
-$3.7M |
| 3 |
FTCM
First Trust Capital Management
Chicago,
Illinois
|
-$1.06M |
| 4 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
-$746K |
| 5 |
LBS
Lawrence B. Seidman
|
-$575K |
LBC Hedge Fund Activity: Q3 2018 in Review
57 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Luther Burbank Corporation Common Stock (LBC) for Q3 2018, worth a combined $145M — up 9% from $133M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LBC and 8 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 34 added.
The largest buyer was Basswood Capital Management, adding an estimated $5.84M. The largest seller was Jennison Associates, exiting entirely with an estimated $6.4M sold.
- 57 institutional investors held Luther Burbank Corporation Common Stock (LBC) as of Q3 2018, down from 59 in Q2 2018.
- Funds reported $145M of Luther Burbank Corporation Common Stock stock for Q3 2018, up 9% quarter-over-quarter.
- 8 funds opened new Luther Burbank Corporation Common Stock positions in Q3 2018 and 10 closed out, a net change of -2 holders.
- The largest Luther Burbank Corporation Common Stock buyer in Q3 2018 was Basswood Capital Management, an estimated $5.84M added.
- The largest Luther Burbank Corporation Common Stock seller in Q3 2018 was Jennison Associates, an estimated $6.4M sold.
Based on aggregated 13F filings for Q3 2018.