Lument Finance Trust
32 hedge funds and large institutions have $24M invested in Lument Finance Trust in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 7 closing their positions.
24% more capital invested
Capital invested by funds: $19.3M → $24M (+$4.72M)
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
5.49% less ownership
Funds ownership: 41.82% → 36.33% (-5.5%)
6% less funds holding
Funds holding: 34 → 32 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $75K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$220K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$89.3K |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$23.5K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$23.3K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$22.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$132K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$120K |
| 3 |
DAM
Deltec Asset Management
New York
|
-$109K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
-$95K |
| 5 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$81K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $17K | +$14K | +6,415 | New |
|
|
OSAM
27
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $12K | -$14K | -6,431 | -60% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $9K | +$6.98K | +3,203 | +1,989% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $7K | +$4.58K | +2,100 | +417% |
|
|
HI
30
Hudock Inc
Williamsport,
Pennsylvania
| $4K | -$1.84K | -844 | -36% |
|
|
OCU
31
ORIX Corporation USA
Dallas,
Texas
| – | -$2.31M | -1,246,719 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$120K | -65,039 | Closed |
|
|
33
Acadian Asset Management
Boston,
Massachusetts
| – | -$95K | -50,876 | Closed |
|
|
BPCM
34
Beach Point Capital Management
Santa Monica,
California
| – | -$81K | -43,679 | Closed |
|
35
Victory Capital Management
San Antonio,
Texas
| – | -$12K | -6,238 | Closed |
|
|
EWM
36
EPG Wealth Management
Atlanta,
Georgia
| – | -$4K | -2,184 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | +$2 | +1 | +0.8% |
|
38
JP Morgan Chase
New York
| – | +$28 | +13 | New |
|
LFT Hedge Fund Activity: Q2 2020 in Review
32 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q2 2020, worth a combined $24M — up 24% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LFT and 5 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 10 added.
The largest buyer was Punch & Associates Investment Management, adding an estimated $220K. The largest seller was Clear Harbor Asset Management, cutting an estimated $132K.
- 32 institutional investors held Lument Finance Trust (LFT) as of Q2 2020, down from 34 in Q1 2020.
- Funds reported $24M of Lument Finance Trust stock for Q2 2020, up 24% quarter-over-quarter.
- 5 funds opened new Lument Finance Trust positions in Q2 2020 and 7 closed out, a net change of -2 holders.
- The largest Lument Finance Trust buyer in Q2 2020 was Punch & Associates Investment Management, an estimated $220K added.
- The largest Lument Finance Trust seller in Q2 2020 was Clear Harbor Asset Management, an estimated $132K sold.
Based on aggregated 13F filings for Q2 2020.