Lakeland Financial Corp
LKFN
120 hedge funds and large institutions have $740M invested in Lakeland Financial Corp in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 47 increasing their positions, 42 reducing their positions, and 13 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 42
0.36% more ownership
Funds ownership: 67.82% → 68.18% (+0.36%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
6% less funds holding
Funds holding: 127 → 120 (-7)
8% less capital invested
Capital invested by funds: $806M → $740M (-$65.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$75.3M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$5.18M |
| 3 |
Bank of New York Mellon
New York
|
+$4.39M |
| 4 |
Goldman Sachs
New York
|
+$3.99M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$4.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.34M |
| 3 |
Morgan Stanley
New York
|
-$1.98M |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$1.42M |
| 5 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
126
Virtu KCG Holdings
New York
| – | -$292K | -6,162 | Closed |
|
127
Truist Financial
Charlotte,
North Carolina
| – | -$203K | -4,288 | Closed |
|
128
UBS AM
Chicago,
Illinois
| – | -$200K | -4,226 | Closed |
|
|
LTFS
129
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$8K | -174 | Closed |
|
130
Bessemer Group
Woodbridge,
New Jersey
| – | -$8K | -172 | Closed |
|
|
TSW
131
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$2K | -46 | Closed |
|
LKFN Hedge Fund Activity: Q1 2017 in Review
120 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q1 2017, worth a combined $740M — down 8.1% from $806M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of LKFN and 12 opened new positions — a net loss of 1 holder — while 42 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $75.3M. The largest seller was Neumeier Poma Investment Counsel, cutting an estimated $4.63M.
- 120 institutional investors held Lakeland Financial Corp (LKFN) as of Q1 2017, down from 127 in Q4 2016.
- Funds reported $740M of Lakeland Financial Corp stock for Q1 2017, down 8.1% quarter-over-quarter.
- 12 funds opened new Lakeland Financial Corp positions in Q1 2017 and 13 closed out, a net change of -1 holder.
- The largest Lakeland Financial Corp buyer in Q1 2017 was BlackRock, an estimated $75.3M added.
- The largest Lakeland Financial Corp seller in Q1 2017 was Neumeier Poma Investment Counsel, an estimated $4.63M sold.
Based on aggregated 13F filings for Q1 2017.