Lesaka Technologies
LSAK
27 hedge funds and large institutions have $56.7M invested in Lesaka Technologies in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 26 → 27 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.23% less ownership
Funds ownership: 25.39% → 24.16% (-1.2%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
23% less capital invested
Capital invested by funds: $73.9M → $56.7M (-$17.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HP
Hosking Partners
London,
United Kingdom
|
+$459K |
| 2 |
Millennium Management
New York
|
+$302K |
| 3 |
Morgan Stanley
New York
|
+$192K |
| 4 |
FTDI
First Trust Direct Indexing
Boston,
Massachusetts
|
+$44.5K |
| 5 |
Barclays
London,
United Kingdom
|
+$44.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.6M |
| 2 |
PCM
Potomac Capital Management
New York
|
-$984K |
| 3 |
D.E. Shaw & Co
New York
|
-$215K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$135K |
| 5 |
CM
Cornerstone Management
Duluth,
Georgia
|
-$31.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WT
26
Whittier Trust
South Pasadena,
California
| $285 | – | – | – |
|
|
RI
27
Ridgewood Investments
Springfield,
New Jersey
| $55 | – | – | – |
|
|
CM
28
Cornerstone Management
Duluth,
Georgia
| – | -$31.2K | -6,500 | Closed |
|
29
Osaic Holdings
Scottsdale,
Arizona
| – | -$1.44K | -300 | Closed |
|
LSAK Hedge Fund Activity: Q2 2023 in Review
27 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Lesaka Technologies (LSAK) for Q2 2023, worth a combined $56.7M — down 23% from $73.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LSAK positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Hosking Partners, adding an estimated $459K. The largest seller was Deutsche Bank, cutting an estimated $1.6M.
- 27 institutional investors held Lesaka Technologies (LSAK) as of Q2 2023, up from 26 in Q1 2023.
- Funds reported $56.7M of Lesaka Technologies stock for Q2 2023, down 23% quarter-over-quarter.
- 3 funds opened new Lesaka Technologies positions in Q2 2023 and 2 closed out, a net change of +1 holder.
- The largest Lesaka Technologies buyer in Q2 2023 was Hosking Partners, an estimated $459K added.
- The largest Lesaka Technologies seller in Q2 2023 was Deutsche Bank, an estimated $1.6M sold.
Based on aggregated 13F filings for Q2 2023.