Lument Finance Trust
28 hedge funds and large institutions have $18.8M invested in Lument Finance Trust in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 4 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1.63% less ownership
Funds ownership: 20.58% → 18.96% (-1.6%)
19% less capital invested
Capital invested by funds: $23.2M → $18.8M (-$4.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$49.5K |
| 2 |
JIR
James Investment Research
Alpha,
Ohio
|
+$20.5K |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$20.5K |
| 4 |
BlackRock
New York
|
+$11.1K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$5.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$880K |
| 2 |
DAM
Deltec Asset Management
New York
|
-$657K |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$199K |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
-$83.2K |
| 5 |
Millennium Management
New York
|
-$49.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $909 | +$18 | +9 | +2% |
|
|
SSB
27
Sandy Spring Bank
Olney,
Maryland
| $450 | +$485 | +237 | New |
|
28
Bank of America
Charlotte,
North Carolina
| $72 | +$76 | +37 | +3,700% |
|
|
BI
29
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$880K | -407,629 | Closed |
|
30
Acadian Asset Management
Boston,
Massachusetts
| – | -$14K | -6,577 | Closed |
|
|
GWM
31
Geneos Wealth Management
Englewood,
Colorado
| – | -$3K | -1,475 | Closed |
|
LFT Hedge Fund Activity: Q4 2022 in Review
28 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q4 2022, worth a combined $18.8M — down 19% from $23.2M a quarter earlier.
Fund positioning in LFT was balanced in Q4 2022: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was State Street, adding an estimated $49.5K. The largest seller was Bulldog Investors, exiting entirely with an estimated $880K sold.
- 28 institutional investors held Lument Finance Trust (LFT) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $18.8M of Lument Finance Trust stock for Q4 2022, down 19% quarter-over-quarter.
- 4 funds opened new Lument Finance Trust positions in Q4 2022 and 4 closed out, a net change of 0 holders.
- The largest Lument Finance Trust buyer in Q4 2022 was State Street, an estimated $49.5K added.
- The largest Lument Finance Trust seller in Q4 2022 was Bulldog Investors, an estimated $880K sold.
Based on aggregated 13F filings for Q4 2022.