Lakeland Financial Corp
LKFN
136 hedge funds and large institutions have $760M invested in Lakeland Financial Corp in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 59 increasing their positions, 42 reducing their positions, and 22 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 42
3.41% more ownership
Funds ownership: 76.92% → 80.33% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 144 → 136 (-8)
21% less capital invested
Capital invested by funds: $965M → $760M (-$204M)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$58.9M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$7.73M |
| 3 |
BlackRock
New York
|
+$4.13M |
| 4 |
Fuller & Thaler Asset Management
San Mateo,
California
|
+$3.32M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$32.9M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$8.12M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$4.84M |
| 4 |
Natixis Advisors
Boston,
Massachusetts
|
-$2.92M |
| 5 |
VOYA Investment Management
Atlanta,
Georgia
|
-$2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GDP
151
Great Diamond Partners
Portland,
Maine
| – | -$19K | -397 | Closed |
|
|
CAW
152
Cornerstone Advisors (Washington)
Bellevue,
Washington
| – | -$11K | -229 | Closed |
|
|
S
153
SignatureFD
Atlanta,
Georgia
| – | -$4K | -83 | Closed |
|
|
SFSIG
154
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$2K | -36 | Closed |
|
155
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -24 | Closed |
|
LKFN Hedge Fund Activity: Q1 2020 in Review
136 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q1 2020, worth a combined $760M — down 21% from $965M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of LKFN and 17 opened new positions — a net loss of 5 holders — while 42 trimmed existing stakes and 59 added.
The largest buyer was Victory Capital Management, adding an estimated $58.9M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $32.9M sold.
- 136 institutional investors held Lakeland Financial Corp (LKFN) as of Q1 2020, down from 144 in Q4 2019.
- Funds reported $760M of Lakeland Financial Corp stock for Q1 2020, down 21% quarter-over-quarter.
- 17 funds opened new Lakeland Financial Corp positions in Q1 2020 and 22 closed out, a net change of -5 holders.
- The largest Lakeland Financial Corp buyer in Q1 2020 was Victory Capital Management, an estimated $58.9M added.
- The largest Lakeland Financial Corp seller in Q1 2020 was Vaughan Nelson Investment Management, an estimated $32.9M sold.
Based on aggregated 13F filings for Q1 2020.