Lindblad Expeditions
LIND
99 hedge funds and large institutions have $109M invested in Lindblad Expeditions in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 35 reducing their positions, and 31 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 35
4.95% less ownership
Funds ownership: 57.74% → 52.79% (-4.9%)
14% less funds holding
Funds holding: 115 → 99 (-16)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
45% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 31
77% less capital invested
Capital invested by funds: $468M → $109M (-$359M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VH
ValueAct Holdings
San Francisco,
California
|
+$17.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$12.6M |
| 3 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
+$9.59M |
| 4 |
Select Equity Group
New York
|
+$4.64M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$4.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$29.5M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.1M |
| 3 |
PCR
Potrero Capital Research
San Francisco,
California
|
-$5.7M |
| 4 |
Millennium Management
New York
|
-$5.29M |
| 5 |
FAM
Fred Alger Management
New York
|
-$5.02M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWA
126
Dorsey Wright & Associates
Pasadena,
California
| – | -$14K | -852 | Closed |
|
|
CAW
127
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$2K | -149 | Closed |
|
128
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -119 | Closed |
|
129
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$501 | -39 | -42% |
|
|
ASN
130
Advisory Services Network
Atlanta,
Georgia
| – | +$13 | +1 | +2% |
|
LIND Hedge Fund Activity: Q1 2020 in Review
99 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Lindblad Expeditions (LIND) for Q1 2020, worth a combined $109M — down 77% from $468M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of LIND and 17 opened new positions — a net loss of 14 holders — while 35 trimmed existing stakes and 37 added.
The largest buyer was ValueAct Holdings, adding an estimated $17.4M. The largest seller was Brown Advisory, exiting entirely with an estimated $29.5M sold.
- 99 institutional investors held Lindblad Expeditions (LIND) as of Q1 2020, down from 115 in Q4 2019.
- Funds reported $109M of Lindblad Expeditions stock for Q1 2020, down 77% quarter-over-quarter.
- 17 funds opened new Lindblad Expeditions positions in Q1 2020 and 31 closed out, a net change of -14 holders.
- The largest Lindblad Expeditions buyer in Q1 2020 was ValueAct Holdings, an estimated $17.4M added.
- The largest Lindblad Expeditions seller in Q1 2020 was Brown Advisory, an estimated $29.5M sold.
Based on aggregated 13F filings for Q1 2020.