Lake Shore Bancorp
LSBK
12 hedge funds and large institutions have $8.5M invested in Lake Shore Bancorp in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 0 closing their positions.
20% more funds holding
Funds holding: 10 → 12 (+2)
13% more capital invested
Capital invested by funds: $7.49M → $8.5M (+$1.01M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SJ
Stilwell Joseph
|
+$351K |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$207K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$165K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$72 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$230K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$8.78K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JAM
1
Jacobs Asset Management
New York
| $2.81M | -$230K | -19,255 | -8% |
|
|
APCM
2
Arbiter Partners Capital Management
New York
| $2.34M | – | – | – |
|
|
BFC
3
Banc Funds Company
Chicago,
Illinois
| $1.5M | +$207K | +17,400 | +16% |
|
|
SJ
4
Stilwell Joseph
| $861K | +$351K | +29,448 | +72% |
|
|
MA
5
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $351K | – | – | – |
|
6
First Manhattan
New York
| $244K | – | – | – |
|
|
BCM
7
Bridgeway Capital Management
Houston,
Texas
| $169K | +$165K | +13,850 | New |
|
8
Dimensional Fund Advisors
Austin,
Texas
| $115K | – | – | – |
|
9
California Public Employees Retirement System
Sacramento,
California
| $99K | – | – | – |
|
|
U
10
UBS
Zurich,
Switzerland
| $2K | -$8.78K | -736 | -86% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $1K | -$5.12K | -429 | -84% |
|
|
12
Bank of America
Charlotte,
North Carolina
| – | +$72 | +6 | New |
|
LSBK Hedge Fund Activity: Q4 2013 in Review
12 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Lake Shore Bancorp (LSBK) for Q4 2013, worth a combined $8.5M — up 13% from $7.49M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new LSBK positions and 0 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Stilwell Joseph, adding an estimated $351K. The largest seller was Jacobs Asset Management, cutting an estimated $230K.
- 12 institutional investors held Lake Shore Bancorp (LSBK) as of Q4 2013, up from 10 in Q3 2013.
- Funds reported $8.5M of Lake Shore Bancorp stock for Q4 2013, up 13% quarter-over-quarter.
- 2 funds opened new Lake Shore Bancorp positions in Q4 2013 and 0 closed out, a net change of +2 holders.
- The largest Lake Shore Bancorp buyer in Q4 2013 was Stilwell Joseph, an estimated $351K added.
- The largest Lake Shore Bancorp seller in Q4 2013 was Jacobs Asset Management, an estimated $230K sold.
Based on aggregated 13F filings for Q4 2013.