Landstar System
LSTR
242 hedge funds and large institutions have $2.87B invested in Landstar System in 2014 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 75 increasing their positions, 104 reducing their positions, and 21 closing their positions.
102% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $616K
57% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 21
8% more capital invested
Capital invested by funds: $2.66B → $2.87B (+$217M)
5% more funds holding
Funds holding: 230 → 242 (+12)
28% less repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 104
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$36.6M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$26.1M |
| 3 |
NAP
New Amsterdam Partners
New York
|
+$20M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$16.1M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$12.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$53.7M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$26.6M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$19.4M |
| 4 |
Two Sigma Investments
New York
|
-$18.6M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$17.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIM
251
Jensen Investment Management
Lake Oswego,
Oregon
| – | -$530K | -8,950 | Closed |
|
|
QT
252
Quantbot Technologies
New York
| – | -$514K | -8,688 | Closed |
|
253
Capital Fund Management (CFM)
Paris,
France
| – | -$474K | -8,000 | Closed |
|
|
ZCM
254
Zebra Capital Management
Stamford,
Connecticut
| – | -$442K | -7,457 | Closed |
|
|
SB
255
Suntrust Banks
Atlanta,
Georgia
| – | -$364K | -6,168 | Closed |
|
256
D.E. Shaw & Co
New York
| – | -$319K | -5,395 | Closed |
|
|
ACI
257
AMP Capital Investors
Sydney,
Australia
| – | -$314K | -5,390 | Closed |
|
|
DTL
258
Dynamic Technology Lab
Singapore
| – | -$261K | -4,404 | Closed |
|
259
Jane Street
New York
| – | -$241K | -4,076 | Closed |
|
|
CAM
260
Capstone Asset Management
Houston,
Texas
| – | -$214K | -3,612 | Closed |
|
|
PAM
261
Paradigm Asset Management
New York
| – | -$157K | -2,650 | Closed |
|
|
BJ
262
BlackRock Japan
Tokyo,
Japan
| – | -$10K | -168 | Closed |
|
263
Parallax Volatility Advisers
San Francisco,
California
| – | -$1.19K | -19 | Closed |
|
LSTR Hedge Fund Activity: Q2 2014 in Review
242 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q2 2014, worth a combined $2.87B — up 8.2% from $2.66B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new LSTR positions and 21 closed out — a net gain of 12 holders — while 75 added to existing stakes and 104 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $36.6M. The largest seller was Bank of New York Mellon, cutting an estimated $53.7M.
- 242 institutional investors held Landstar System (LSTR) as of Q2 2014, up from 230 in Q1 2014.
- Funds reported $2.87B of Landstar System stock for Q2 2014, up 8.2% quarter-over-quarter.
- 33 funds opened new Landstar System positions in Q2 2014 and 21 closed out, a net change of +12 holders.
- The largest Landstar System buyer in Q2 2014 was Wellington Management Group, an estimated $36.6M added.
- The largest Landstar System seller in Q2 2014 was Bank of New York Mellon, an estimated $53.7M sold.
Based on aggregated 13F filings for Q2 2014.