Lake Shore Bancorp
LSBK
11 hedge funds and large institutions have $8.61M invested in Lake Shore Bancorp in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 2 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
1% more capital invested
Capital invested by funds: $8.5M → $8.61M (+$114K)
8% less funds holding
Funds holding: 12 → 11 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$247K |
| 2 |
SJ
Stilwell Joseph
|
+$45.2K |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
+$2.48K |
| 4 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
+$2.27K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$2.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAM
Jacobs Asset Management
New York
|
-$211K |
| 2 |
California Public Employees Retirement System
Sacramento,
California
|
-$99K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JAM
1
Jacobs Asset Management
New York
| $2.65M | -$211K | -17,051 | -7% |
|
|
APCM
2
Arbiter Partners Capital Management
New York
| $2.38M | +$2.48K | +201 | +0.1% |
|
|
BFC
3
Banc Funds Company
Chicago,
Illinois
| $1.53M | – | – | – |
|
|
SJ
4
Stilwell Joseph
| $916K | +$45.2K | +3,662 | +5% |
|
|
BCM
5
Bridgeway Capital Management
Houston,
Texas
| $419K | +$247K | +20,000 | +144% |
|
|
MA
6
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $354K | +$2.27K | +184 | +0.6% |
|
7
First Manhattan
New York
| $247K | – | – | – |
|
8
Dimensional Fund Advisors
Austin,
Texas
| $117K | – | – | – |
|
|
U
9
UBS
Zurich,
Switzerland
| $4K | +$2.27K | +184 | +150% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $3K | +$1.83K | +148 | +180% |
|
|
11
California Public Employees Retirement System
Sacramento,
California
| – | -$99K | -8,076 | Closed |
|
12
Morgan Stanley
New York
| – | +$123 | +10 | New |
|
LSBK Hedge Fund Activity: Q1 2014 in Review
11 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Lake Shore Bancorp (LSBK) for Q1 2014, worth a combined $8.61M — up 1.3% from $8.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LSBK and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 6 added.
The largest buyer was Bridgeway Capital Management, adding an estimated $247K. The largest seller was Jacobs Asset Management, cutting an estimated $211K.
- 11 institutional investors held Lake Shore Bancorp (LSBK) as of Q1 2014, down from 12 in Q4 2013.
- Funds reported $8.61M of Lake Shore Bancorp stock for Q1 2014, up 1.3% quarter-over-quarter.
- 1 fund opened new Lake Shore Bancorp positions in Q1 2014 and 2 closed out, a net change of -1 holder.
- The largest Lake Shore Bancorp buyer in Q1 2014 was Bridgeway Capital Management, an estimated $247K added.
- The largest Lake Shore Bancorp seller in Q1 2014 was Jacobs Asset Management, an estimated $211K sold.
Based on aggregated 13F filings for Q1 2014.