Lakeland Financial Corp
LKFN
116 hedge funds and large institutions have $345M invested in Lakeland Financial Corp in 2013 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
21% more capital invested
Capital invested by funds: $285M → $345M (+$60.4M)
6% more funds holding
Funds holding: 109 → 116 (+7)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$10.7M |
| 2 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$4.02M |
| 3 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$1.98M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.4M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMCMI
Bryn Mawr Capital Management Inc
Bryn Mawr,
Pennsylvania
|
-$9.85M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.42M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.37M |
| 4 |
MCM
Maltese Capital Management
New York
|
-$1.79M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -450 | Closed |
|
LKFN Hedge Fund Activity: Q3 2013 in Review
116 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q3 2013, worth a combined $345M — up 21% from $285M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new LKFN positions and 10 closed out — a net gain of 7 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $10.7M. The largest seller was Bryn Mawr Capital Management Inc, exiting entirely with an estimated $9.85M sold.
- 116 institutional investors held Lakeland Financial Corp (LKFN) as of Q3 2013, up from 109 in Q2 2013.
- Funds reported $345M of Lakeland Financial Corp stock for Q3 2013, up 21% quarter-over-quarter.
- 17 funds opened new Lakeland Financial Corp positions in Q3 2013 and 10 closed out, a net change of +7 holders.
- The largest Lakeland Financial Corp buyer in Q3 2013 was Fidelity Investments, an estimated $10.7M added.
- The largest Lakeland Financial Corp seller in Q3 2013 was Bryn Mawr Capital Management Inc, an estimated $9.85M sold.
Based on aggregated 13F filings for Q3 2013.