Lannett Company, Inc.
LCI was delisted on the 19th of April, 2023.
154 hedge funds and large institutions have $153M invested in Lannett Company, Inc. in 2018 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 48 increasing their positions, 44 reducing their positions, and 53 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 44
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 174 → 154 (-20)
36% less first-time investments, than exits
New positions opened: 34 | Existing positions closed: 53
53% less call options, than puts
Call options by funds: $2.98M | Put options by funds: $6.29M
71% less capital invested
Capital invested by funds: $523M → $153M (-$370M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$10.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.82M |
| 3 |
JP Morgan Chase
New York
|
+$5.57M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$5.12M |
| 5 |
SIM
Spark Investment Management
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DM
Deerfield Management
New York
|
-$24.5M |
| 2 |
SCM
Snow Capital Management
Sewickley,
Pennsylvania
|
-$19.7M |
| 3 |
BlackRock
New York
|
-$15.2M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$11.4M |
| 5 |
HA
Heartland Advisors
Milwaukee,
Wisconsin
|
-$11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MPPLM
201
Midwest Professional Planners Ltd (MPPL)
Wausau,
Wisconsin
| – | -$4K | -65 | Closed |
|
|
HNB
202
Huntington National Bank
Columbus,
Ohio
| – | -$2K | -42 | Closed |
|
203
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -23 | Closed |
|
|
CAG
204
Csenge Advisory Group
Clearwater,
Florida
| – | +$114 | +3 | New |
|
LCI Hedge Fund Activity: Q3 2018 in Review
154 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Lannett Company, Inc. (LCI) for Q3 2018, worth a combined $153M — down 71% from $523M a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of LCI and 34 opened new positions — a net loss of 19 holders — while 44 trimmed existing stakes and 48 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $10.8M. The largest seller was Deerfield Management, exiting entirely with an estimated $24.5M sold.
- 154 institutional investors held Lannett Company, Inc. (LCI) as of Q3 2018, down from 174 in Q2 2018.
- Funds reported $153M of Lannett Company, Inc. stock for Q3 2018, down 71% quarter-over-quarter.
- 34 funds opened new Lannett Company, Inc. positions in Q3 2018 and 53 closed out, a net change of -19 holders.
- The largest Lannett Company, Inc. buyer in Q3 2018 was Millennium Management, an estimated $10.8M added.
- The largest Lannett Company, Inc. seller in Q3 2018 was Deerfield Management, an estimated $24.5M sold.
Based on aggregated 13F filings for Q3 2018.