Lakeland Financial Corp
LKFN
120 hedge funds and large institutions have $422M invested in Lakeland Financial Corp in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 49 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
22% more capital invested
Capital invested by funds: $345M → $422M (+$76.6M)
3% more funds holding
Funds holding: 116 → 120 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
31% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 49
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.7M |
| 2 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$1.91M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$1.79M |
| 4 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$992K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$538K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$9.6M |
| 2 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
-$9.16M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.25M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$2.94M |
| 5 |
Goldman Sachs
New York
|
-$2.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Nomura Holdings
Tokyo,
Japan
| – | -$277K | -12,716 | Closed |
|
127
SG Americas Securities
New York
| – | -$101K | -4,640 | Closed |
|
|
TRCT
128
Tower Research Capital (TRC)
New York
| – | -$50K | -2,318 | Closed |
|
|
NES
129
New England Securities
New York
| – | -$5K | -213 | Closed |
|
|
GC
130
Globeflex Capital
San Diego,
California
| – | -$1K | -72 | Closed |
|
LKFN Hedge Fund Activity: Q4 2013 in Review
120 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q4 2013, worth a combined $422M — up 22% from $345M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new LKFN positions and 10 closed out — a net gain of 5 holders — while 34 added to existing stakes and 49 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $43.7M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $9.6M sold.
- 120 institutional investors held Lakeland Financial Corp (LKFN) as of Q4 2013, up from 116 in Q3 2013.
- Funds reported $422M of Lakeland Financial Corp stock for Q4 2013, up 22% quarter-over-quarter.
- 15 funds opened new Lakeland Financial Corp positions in Q4 2013 and 10 closed out, a net change of +5 holders.
- The largest Lakeland Financial Corp buyer in Q4 2013 was Fidelity Investments, an estimated $43.7M added.
- The largest Lakeland Financial Corp seller in Q4 2013 was Allianz Asset Management, an estimated $9.6M sold.
Based on aggregated 13F filings for Q4 2013.