Lake Shore Bancorp
LSBK
10 hedge funds and large institutions have $7.49M invested in Lake Shore Bancorp in 2013 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
6% less capital invested
Capital invested by funds: $7.93M → $7.49M (-$447K)
9% less funds holding
Funds holding: 11 → 10 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJ
Stilwell Joseph
|
+$194K |
| 2 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$153K |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.3K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$633K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$1.36K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JAM
1
Jacobs Asset Management
New York
| $2.85M | -$633K | -54,626 | -18% |
|
|
APCM
2
Arbiter Partners Capital Management
New York
| $2.19M | – | – | – |
|
|
BFC
3
Banc Funds Company
Chicago,
Illinois
| $1.21M | – | – | – |
|
|
SJ
4
Stilwell Joseph
| $466K | +$194K | +16,700 | +69% |
|
|
MA
5
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $327K | +$153K | +13,208 | +85% |
|
6
First Manhattan
New York
| $228K | – | – | – |
|
|
7
Dimensional Fund Advisors
Austin,
Texas
| $107K | +$10.3K | +892 | +11% |
|
8
California Public Employees Retirement System
Sacramento,
California
| $92K | – | – | – |
|
|
U
9
UBS
Zurich,
Switzerland
| $10K | -$1.36K | -117 | -12% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $6K | +$2.44K | +211 | +70% |
|
|
11
Bank of America
Charlotte,
North Carolina
| – | -$1K | -69 | Closed |
|
LSBK Hedge Fund Activity: Q3 2013 in Review
10 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Lake Shore Bancorp (LSBK) for Q3 2013, worth a combined $7.49M — down 5.6% from $7.93M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of LSBK and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Stilwell Joseph, adding an estimated $194K. The largest seller was Jacobs Asset Management, cutting an estimated $633K.
- 10 institutional investors held Lake Shore Bancorp (LSBK) as of Q3 2013, down from 11 in Q2 2013.
- Funds reported $7.49M of Lake Shore Bancorp stock for Q3 2013, down 5.6% quarter-over-quarter.
- 0 funds opened new Lake Shore Bancorp positions in Q3 2013 and 1 closed out, a net change of -1 holder.
- The largest Lake Shore Bancorp buyer in Q3 2013 was Stilwell Joseph, an estimated $194K added.
- The largest Lake Shore Bancorp seller in Q3 2013 was Jacobs Asset Management, an estimated $633K sold.
Based on aggregated 13F filings for Q3 2013.