Lument Finance Trust
32 hedge funds and large institutions have $19M invested in Lument Finance Trust in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
10% more funds holding
Funds holding: 29 → 32 (+3)
0.17% more ownership
Funds ownership: 18.91% → 19.07% (+0.17%)
5% less capital invested
Capital invested by funds: $20M → $19M (-$997K)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Corsair Capital Management
New York
|
+$205K |
| 2 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
+$138K |
| 3 |
Renaissance Technologies
New York
|
+$47.4K |
| 4 |
Cerity Partners
New York
|
+$42.2K |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$35.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CSS LLC
Chicago,
Illinois
|
-$66K |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$55.8K |
| 3 |
Morgan Stanley
New York
|
-$53.9K |
| 4 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$45.9K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$32.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Morgan Stanley
New York
| $11.9K | -$53.9K | -28,992 | -82% |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $7.65K | +$1.33K | +717 | +22% |
|
|
HI
28
Harbour Investments
Madison,
Wisconsin
| $5.36K | +$156 | +84 | +3% |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$498 | +268 | New |
|
30
Wells Fargo
San Francisco,
California
| $935 | +$20 | +11 | +2% |
|
31
Bank of America
Charlotte,
North Carolina
| $2 | – | – | – |
|
|
SW
32
SVB Wealth
Boston,
Massachusetts
| – | -$45.9K | -22,715 | Closed |
|
33
Citadel Advisors
Miami,
Florida
| – | -$26.1K | -12,899 | Closed |
|
34
UBS Group
Zurich,
Switzerland
| – | -$3.15K | -1,557 | Closed |
|
|
SSB
35
Sandy Spring Bank
Olney,
Maryland
| – | -$493 | -244 | Closed |
|
|
CAL
36
Capital Advisors Ltd
Shaker Heights,
Ohio
| – | +$106 | +57 | New |
|
LFT Hedge Fund Activity: Q2 2023 in Review
32 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q2 2023, worth a combined $19M — down 5% from $20M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LFT positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Corsair Capital Management, opening a new position worth an estimated $205K. The largest seller was CSS LLC, cutting an estimated $66K.
- 32 institutional investors held Lument Finance Trust (LFT) as of Q2 2023, up from 29 in Q1 2023.
- Funds reported $19M of Lument Finance Trust stock for Q2 2023, down 5% quarter-over-quarter.
- 7 funds opened new Lument Finance Trust positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest Lument Finance Trust buyer in Q2 2023 was Corsair Capital Management, an estimated $205K added.
- The largest Lument Finance Trust seller in Q2 2023 was CSS LLC, an estimated $66K sold.
Based on aggregated 13F filings for Q2 2023.