Lesaka Technologies
LSAK
114 hedge funds and large institutions have $286M invested in Lesaka Technologies in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 43 increasing their positions, 42 reducing their positions, and 18 closing their positions.
2% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 42
7% less funds holding
Funds holding: 123 → 114 (-9)
22% less capital invested
Capital invested by funds: $366M → $286M (-$80.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
61% less call options, than puts
Call options by funds: $445K | Put options by funds: $1.15M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$2.93M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$2.05M |
| 3 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$1.47M |
| 4 |
HT
HAP Trading
New York
|
+$847K |
| 5 |
SIM
Spark Investment Management
New York
|
+$786K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$25.7M |
| 2 |
SC
Seawolf Capital
New York
|
-$5.91M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$2.57M |
| 4 |
IVA
International Value Advisers
|
-$1.29M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$1.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Los Angeles Capital Management
Los Angeles,
California
| – | -$101K | -10,145 | Closed |
|
|
JIM
127
Jupiter Investment Management
London,
United Kingdom
| – | -$71K | -7,142 | Closed |
|
128
Teacher Retirement System of Texas
Austin,
Texas
| – | -$66K | -6,649 | Closed |
|
|
AWM
129
Avior Wealth Management
Omaha,
Nebraska
| – | -$25K | -2,500 | Closed |
|
|
HIM
130
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$7K | -670 | Closed |
|
LSAK Hedge Fund Activity: Q3 2016 in Review
114 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Lesaka Technologies (LSAK) for Q3 2016, worth a combined $286M — down 22% from $366M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of LSAK and 9 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 43 added.
The largest buyer was Millennium Management, adding an estimated $2.93M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $25.7M sold.
- 114 institutional investors held Lesaka Technologies (LSAK) as of Q3 2016, down from 123 in Q2 2016.
- Funds reported $286M of Lesaka Technologies stock for Q3 2016, down 22% quarter-over-quarter.
- 9 funds opened new Lesaka Technologies positions in Q3 2016 and 18 closed out, a net change of -9 holders.
- The largest Lesaka Technologies buyer in Q3 2016 was Millennium Management, an estimated $2.93M added.
- The largest Lesaka Technologies seller in Q3 2016 was Philadelphia Financial Management of San Francisco, an estimated $25.7M sold.
Based on aggregated 13F filings for Q3 2016.