Lake Shore Bancorp
LSBK
12 hedge funds and large institutions have $7.4M invested in Lake Shore Bancorp in 2019 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.45% less ownership
Funds ownership: 9.6% → 8.15% (-1.4%)
8% less funds holding
Funds holding: 13 → 12 (-1)
11% less capital invested
Capital invested by funds: $8.3M → $7.4M (-$897K)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$10.6K |
| 2 |
Morgan Stanley
New York
|
+$1.04K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$30 |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$1.26M |
| 2 |
MA
Minerva Advisors
Bala Cynwyd,
Pennsylvania
|
-$11.9K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SV
1
Stilwell Value
New York
| $4.6M | – | – | – |
|
|
HSA
2
HBK Sorce Advisory
Erie,
Pennsylvania
| $1.03M | – | – | – |
|
|
BCM
3
Bridgeway Capital Management
Houston,
Texas
| $516K | – | – | – |
|
|
MA
4
Minerva Advisors
Bala Cynwyd,
Pennsylvania
| $439K | -$11.9K | -787 | -3% |
|
|
5
Dimensional Fund Advisors
Austin,
Texas
| $373K | +$10.6K | +700 | +3% |
|
6
First Manhattan
New York
| $306K | – | – | – |
|
|
7
Morgan Stanley
New York
| $79K | +$1.04K | +69 | +1% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $28K | -$3.59K | -238 | -11% |
|
9
BlackRock
New York
| $16K | – | – | – |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | +$15 | +1 | +0.1% |
|
11
Acadian Asset Management
Boston,
Massachusetts
| $8K | – | – | – |
|
|
APCM
12
Arbiter Partners Capital Management
New York
| – | -$1.26M | -86,721 | Closed |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | +$30 | +2 | New |
|
LSBK Hedge Fund Activity: Q4 2019 in Review
12 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Lake Shore Bancorp (LSBK) for Q4 2019, worth a combined $7.4M — down 11% from $8.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LSBK and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Dimensional Fund Advisors, adding an estimated $10.6K. The largest seller was Arbiter Partners Capital Management, exiting entirely with an estimated $1.26M sold.
- 12 institutional investors held Lake Shore Bancorp (LSBK) as of Q4 2019, down from 13 in Q3 2019.
- Funds reported $7.4M of Lake Shore Bancorp stock for Q4 2019, down 11% quarter-over-quarter.
- 1 fund opened new Lake Shore Bancorp positions in Q4 2019 and 2 closed out, a net change of -1 holder.
- The largest Lake Shore Bancorp buyer in Q4 2019 was Dimensional Fund Advisors, an estimated $10.6K added.
- The largest Lake Shore Bancorp seller in Q4 2019 was Arbiter Partners Capital Management, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2019.