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LFT

Lument Finance Trust

40 hedge funds and large institutions have $33.4M invested in Lument Finance Trust in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

3% more funds holding

Funds holding: 3940 (+1)

0.08% more ownership

Funds ownership: 41.92%42% (+0.08%)

0% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 11

1% less capital invested

Capital invested by funds: $33.9M → $33.4M (-$430K)

Holders
40
Holders Change
+1
Holders Change %
+2.56%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
11
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Axa
1
Axa
France
$11.2M
BPCM
2
Beach Point Capital Management
California
$2.94M
PAIM
3
Punch & Associates Investment Management
Minnesota
$2.82M +$611K +183,325 +28%
PCA
4
PL Capital Advisors
Florida
$2.79M
Vanguard Group
5
Vanguard Group
Pennsylvania
$2.43M -$146K -43,878 -6%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$1.91M
KCM
7
Kennedy Capital Management
Missouri
$1.31M -$33K -9,900 -2%
WAM
8
Wolverine Asset Management
Illinois
$1.22M -$164K -49,276 -12%
AC
9
Almitas Capital
California
$1.1M -$20.6K -6,186 -2%
EMG
10
Ellington Management Group
Connecticut
$959K
DAM
11
Deltec Asset Management
New York
$618K
CHAM
12
Clear Harbor Asset Management
Connecticut
$616K -$10.8K -3,227 -2%
BlackRock
13
BlackRock
New York
$608K -$6.74K -2,023 -1%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$599K +$7.94K +2,382 +1%
LSV Asset Management
15
LSV Asset Management
Illinois
$395K
Geode Capital Management
16
Geode Capital Management
Massachusetts
$328K
AWM
17
AE Wealth Management
Kansas
$241K +$5.77K +1,733 +2%
SS
18
Simplicity Solutions
Minnesota
$241K +$6.9K +2,072 +3%
State Street
19
State Street
Massachusetts
$205K +$12.9K +3,871 +7%
DLG
20
Daniel L. Goodwin
$168K
Northern Trust
21
Northern Trust
Illinois
$122K -$4.37K -1,310 -3%
Morgan Stanley
22
Morgan Stanley
New York
$116K +$200 +60 +0.2%
OSAM
23
O'Shaughnessy Asset Management
Connecticut
$86K -$880 -264 -1%
California Public Employees Retirement System
24
California Public Employees Retirement System
California
$84K
PPA
25
Parametric Portfolio Associates
Washington
$51K -$13.5K -4,064 -21%

LFT Hedge Fund Activity: Q3 2019 in Review

40 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q3 2019, worth a combined $33.4M — down 1.3% from $33.9M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new LFT positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 11 trimmed.

The largest buyer was Punch & Associates Investment Management, adding an estimated $611K. The largest seller was Wolverine Asset Management, cutting an estimated $164K.

  • 40 institutional investors held Lument Finance Trust (LFT) as of Q3 2019, up from 39 in Q2 2019.
  • Funds reported $33.4M of Lument Finance Trust stock for Q3 2019, down 1.3% quarter-over-quarter.
  • 4 funds opened new Lument Finance Trust positions in Q3 2019 and 3 closed out, a net change of +1 holder.
  • The largest Lument Finance Trust buyer in Q3 2019 was Punch & Associates Investment Management, an estimated $611K added.
  • The largest Lument Finance Trust seller in Q3 2019 was Wolverine Asset Management, an estimated $164K sold.

Based on aggregated 13F filings for Q3 2019.