Lument Finance Trust
34 hedge funds and large institutions have $19.3M invested in Lument Finance Trust in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 6 closing their positions.
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
1.53% less ownership
Funds ownership: 43.33% → 41.8% (-1.5%)
3% less funds holding
Funds holding: 35 → 34 (-1)
42% less capital invested
Capital invested by funds: $33.2M → $19.3M (-$13.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAM
Deltec Asset Management
New York
|
+$594K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$343K |
| 3 |
BlackRock
New York
|
+$180K |
| 4 |
Renaissance Technologies
New York
|
+$95K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$92.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPCM
Beach Point Capital Management
Santa Monica,
California
|
-$2.35M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$945K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$808K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$275K |
| 5 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$272K |
LFT Hedge Fund Activity: Q1 2020 in Review
34 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Lument Finance Trust (LFT) for Q1 2020, worth a combined $19.3M — down 42% from $33.2M a quarter earlier.
Fund positioning in LFT was balanced in Q1 2020: 6 funds opened new positions, 6 closed out, 10 added to existing stakes and 10 trimmed.
The largest buyer was Deltec Asset Management, adding an estimated $594K. The largest seller was Beach Point Capital Management, cutting an estimated $2.35M.
- 34 institutional investors held Lument Finance Trust (LFT) as of Q1 2020, down from 35 in Q4 2019.
- Funds reported $19.3M of Lument Finance Trust stock for Q1 2020, down 42% quarter-over-quarter.
- 6 funds opened new Lument Finance Trust positions in Q1 2020 and 6 closed out, a net change of 0 holders.
- The largest Lument Finance Trust buyer in Q1 2020 was Deltec Asset Management, an estimated $594K added.
- The largest Lument Finance Trust seller in Q1 2020 was Beach Point Capital Management, an estimated $2.35M sold.
Based on aggregated 13F filings for Q1 2020.