Lument Finance Trust
33 hedge funds and large institutions have $32.3M invested in Lument Finance Trust in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
19% more capital invested
Capital invested by funds: $27.2M → $32.3M (+$5.15M)
10% more funds holding
Funds holding: 30 → 33 (+3)
2.76% more ownership
Funds ownership: 33.71% → 36.47% (+2.8%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Axa
Paris,
France
|
+$11.7M |
| 2 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$1.55M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$606K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$330K |
| 5 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$651K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$37K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$22.9K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$13.6K |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$5.03K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
26
Financial Architects (New Jersey)
Marlton,
New Jersey
| $17K | – | – | – |
|
|
HI
27
Hudock Inc
Williamsport,
Pennsylvania
| $8K | – | – | – |
|
|
28
UBS Group
Zurich,
Switzerland
| $7K | -$22.9K | -6,530 | -79% |
|
29
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $3K | +$1.98K | +563 | +225% |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | +$144 | +41 | +8% |
|
32
Wells Fargo
San Francisco,
California
| $1K | +$691 | +197 | +9,850% |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$37K | -10,846 | Closed |
|
34
Barclays
London,
United Kingdom
| – | +$77 | +22 | +29% |
|
LFT Hedge Fund Activity: Q3 2018 in Review
33 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q3 2018, worth a combined $32.3M — up 19% from $27.2M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LFT positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Axa, opening a new position worth an estimated $11.7M. The largest seller was Wolverine Asset Management, cutting an estimated $651K.
- 33 institutional investors held Lument Finance Trust (LFT) as of Q3 2018, up from 30 in Q2 2018.
- Funds reported $32.3M of Lument Finance Trust stock for Q3 2018, up 19% quarter-over-quarter.
- 6 funds opened new Lument Finance Trust positions in Q3 2018 and 2 closed out, a net change of +4 holders.
- The largest Lument Finance Trust buyer in Q3 2018 was Axa, an estimated $11.7M added.
- The largest Lument Finance Trust seller in Q3 2018 was Wolverine Asset Management, an estimated $651K sold.
Based on aggregated 13F filings for Q3 2018.