Lakeland Financial Corp
LKFN
121 hedge funds and large institutions have $431M invested in Lakeland Financial Corp in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 36 increasing their positions, 51 reducing their positions, and 8 closing their positions.
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more capital invested
Capital invested by funds: $422M → $431M (+$9M)
1% more funds holding
Funds holding: 120 → 121 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
+$7.68M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.15M |
| 3 |
NAP
New Amsterdam Partners
New York
|
+$2.1M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$2.09M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$680K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$6.23M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$2.5M |
| 3 |
CM
CS McKee
Pittsburgh,
Pennsylvania
|
-$1.71M |
| 4 |
RP
Reinhart Partners
Mequon,
Wisconsin
|
-$1.66M |
| 5 |
JP Morgan Chase
New York
|
-$1.22M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Two Sigma Advisers
New York
| – | -$201K | -7,752 | Closed |
|
127
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$177K | -6,789 | Closed |
|
|
ITIM
128
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$14K | -545 | Closed |
|
|
WA
129
WFG Advisors
Dallas,
Texas
| – | -$1K | -32 | Closed |
|
LKFN Hedge Fund Activity: Q1 2014 in Review
121 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q1 2014, worth a combined $431M — up 2.1% from $422M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new LKFN positions and 8 closed out — a net gain of 2 holders — while 36 added to existing stakes and 51 trimmed.
The largest buyer was AJO LP, adding an estimated $7.68M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $6.23M sold.
- 121 institutional investors held Lakeland Financial Corp (LKFN) as of Q1 2014, up from 120 in Q4 2013.
- Funds reported $431M of Lakeland Financial Corp stock for Q1 2014, up 2.1% quarter-over-quarter.
- 10 funds opened new Lakeland Financial Corp positions in Q1 2014 and 8 closed out, a net change of +2 holders.
- The largest Lakeland Financial Corp buyer in Q1 2014 was AJO LP, an estimated $7.68M added.
- The largest Lakeland Financial Corp seller in Q1 2014 was Lord, Abbett & Co, an estimated $6.23M sold.
Based on aggregated 13F filings for Q1 2014.