Lakeland Financial Corp
LKFN
113 hedge funds and large institutions have $591M invested in Lakeland Financial Corp in 2016 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 50 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
13% more capital invested
Capital invested by funds: $525M → $591M (+$66.1M)
7% more funds holding
Funds holding: 106 → 113 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
30% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 50
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$4.83M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.5M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$1.37M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$1.25M |
| 5 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$4.56M |
| 2 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
-$4.29M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$2.16M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.76M |
| 5 |
Ohio Public Employees Retirement System (OPERS)
Columbus,
Ohio
|
-$1.37M |
LKFN Hedge Fund Activity: Q3 2016 in Review
113 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Lakeland Financial Corp (LKFN) for Q3 2016, worth a combined $591M — up 13% from $525M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new LKFN positions and 6 closed out — a net gain of 7 holders — while 35 added to existing stakes and 50 trimmed.
The largest buyer was Franklin Resources, adding an estimated $4.83M. The largest seller was 1ST Source Bank, cutting an estimated $4.56M.
- 113 institutional investors held Lakeland Financial Corp (LKFN) as of Q3 2016, up from 106 in Q2 2016.
- Funds reported $591M of Lakeland Financial Corp stock for Q3 2016, up 13% quarter-over-quarter.
- 13 funds opened new Lakeland Financial Corp positions in Q3 2016 and 6 closed out, a net change of +7 holders.
- The largest Lakeland Financial Corp buyer in Q3 2016 was Franklin Resources, an estimated $4.83M added.
- The largest Lakeland Financial Corp seller in Q3 2016 was 1ST Source Bank, an estimated $4.56M sold.
Based on aggregated 13F filings for Q3 2016.