Luther Burbank Corporation Common Stock
LBC
LBC was delisted on the 29th of February, 2024.
68 hedge funds and large institutions have $82M invested in Luther Burbank Corporation Common Stock in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 25 reducing their positions, and 9 closing their positions.
4% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 25
8% less funds holding
Funds holding: 74 → 68 (-6)
12% less capital invested
Capital invested by funds: $93.2M → $82M (-$11.3M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.3M |
| 2 |
Goldman Sachs
New York
|
+$791K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$651K |
| 4 |
State Street
Boston,
Massachusetts
|
+$431K |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$322K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$1.2M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
-$606K |
| 3 |
Morgan Stanley
New York
|
-$421K |
| 4 |
Renaissance Technologies
New York
|
-$409K |
| 5 |
SEI Investments
Oaks,
Pennsylvania
|
-$404K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Allspring Global Investments
Charlotte,
North Carolina
| – | -$11K | -883 | Closed |
|
77
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$8K | -619 | Closed |
|
LBC Hedge Fund Activity: Q3 2022 in Review
68 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Luther Burbank Corporation Common Stock (LBC) for Q3 2022, worth a combined $82M — down 12% from $93.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of LBC and 3 opened new positions — a net loss of 6 holders — while 25 trimmed existing stakes and 24 added.
The largest buyer was Foundry Partners, adding an estimated $1.3M. The largest seller was Hotchkis & Wiley Capital Management, cutting an estimated $1.2M.
- 68 institutional investors held Luther Burbank Corporation Common Stock (LBC) as of Q3 2022, down from 74 in Q2 2022.
- Funds reported $82M of Luther Burbank Corporation Common Stock stock for Q3 2022, down 12% quarter-over-quarter.
- 3 funds opened new Luther Burbank Corporation Common Stock positions in Q3 2022 and 9 closed out, a net change of -6 holders.
- The largest Luther Burbank Corporation Common Stock buyer in Q3 2022 was Foundry Partners, an estimated $1.3M added.
- The largest Luther Burbank Corporation Common Stock seller in Q3 2022 was Hotchkis & Wiley Capital Management, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2022.