Lesaka Technologies
LSAK
51 hedge funds and large institutions have $48.4M invested in Lesaka Technologies in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 10 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
9% less funds holding
Funds holding: 56 → 51 (-5)
13.58% less ownership
Funds ownership: 41.47% → 27.89% (-14%)
29% less capital invested
Capital invested by funds: $68.2M → $48.4M (-$19.8M)
48% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 23
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
66% less call options, than puts
Call options by funds: $105K | Put options by funds: $308K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCA
VIEX Capital Advisors
Sunny Isles Beach,
Florida
|
+$1.94M |
| 2 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$1.11M |
| 3 |
State Street
Boston,
Massachusetts
|
+$1.07M |
| 4 |
FM
Fondren Management
Houston,
Texas
|
+$925K |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVA
International Value Advisers
|
-$15.8M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$3.98M |
| 3 |
NM
Newtyn Management
New York
|
-$2.76M |
| 4 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$2.64M |
| 5 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRF
51
B. Riley Financial
Los Angeles,
California
| – | -$2.1M | -722,688 | Closed |
|
|
BCM
52
Bridgeway Capital Management
Houston,
Texas
| – | -$531K | -182,600 | Closed |
|
|
RCG
53
Rock Creek Group
Washington,
District of Columbia
| – | -$349K | -120,000 | Closed |
|
|
VC
54
Voss Capital
Houston,
Texas
| – | -$120K | -120,000 | Closed |
|
|
CM
55
Caption Management
Oklahoma City,
Oklahoma
| – | -$117K | -40,000 | Closed |
|
|
DC
56
Diametric Capital
Boston,
Massachusetts
| – | -$85K | -29,302 | Closed |
|
57
Walleye Capital
New York
| – | -$51K | -17,530 | Closed |
|
|
PCM
58
Prelude Capital Management
New York
| – | -$51K | -17,453 | Closed |
|
59
Simplex Trading
Chicago,
Illinois
| – | -$46.9K | -13,929 | Closed |
|
LSAK Hedge Fund Activity: Q2 2020 in Review
51 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Lesaka Technologies (LSAK) for Q2 2020, worth a combined $48.4M — down 29% from $68.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LSAK and 5 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 12 added.
The largest buyer was VIEX Capital Advisors, opening a new position worth an estimated $1.94M. The largest seller was International Value Advisers, cutting an estimated $15.8M.
- 51 institutional investors held Lesaka Technologies (LSAK) as of Q2 2020, down from 56 in Q1 2020.
- Funds reported $48.4M of Lesaka Technologies stock for Q2 2020, down 29% quarter-over-quarter.
- 5 funds opened new Lesaka Technologies positions in Q2 2020 and 10 closed out, a net change of -5 holders.
- The largest Lesaka Technologies buyer in Q2 2020 was VIEX Capital Advisors, an estimated $1.94M added.
- The largest Lesaka Technologies seller in Q2 2020 was International Value Advisers, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2020.