Lakeland Financial Corp
LKFN
140 hedge funds and large institutions have $848M invested in Lakeland Financial Corp in 2018 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 59 increasing their positions, 36 reducing their positions, and 16 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 36
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
4% more funds holding
Funds holding: 135 → 140 (+5)
1.39% more ownership
Funds ownership: 71.17% → 72.57% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $870M → $848M (-$21.3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.4M |
| 2 |
Millennium Management
New York
|
+$11.1M |
| 3 |
BlackRock
New York
|
+$9.91M |
| 4 |
Goldman Sachs
New York
|
+$9.08M |
| 5 |
Neuberger Berman Group
New York
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.7M |
| 2 |
Bank of New York Mellon
New York
|
-$4.59M |
| 3 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$3.18M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$1.86M |
| 5 |
State Street
Boston,
Massachusetts
|
-$1M |
LKFN Hedge Fund Activity: Q1 2018 in Review
140 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q1 2018, worth a combined $848M — down 2.4% from $870M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LKFN positions and 16 closed out — a net gain of 6 holders — while 59 added to existing stakes and 36 trimmed.
The largest buyer was Ameriprise, adding an estimated $12.4M. The largest seller was Fidelity Investments, cutting an estimated $29.7M.
- 140 institutional investors held Lakeland Financial Corp (LKFN) as of Q1 2018, up from 135 in Q4 2017.
- Funds reported $848M of Lakeland Financial Corp stock for Q1 2018, down 2.4% quarter-over-quarter.
- 22 funds opened new Lakeland Financial Corp positions in Q1 2018 and 16 closed out, a net change of +6 holders.
- The largest Lakeland Financial Corp buyer in Q1 2018 was Ameriprise, an estimated $12.4M added.
- The largest Lakeland Financial Corp seller in Q1 2018 was Fidelity Investments, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2018.