Landstar System
LSTR
305 hedge funds and large institutions have $3.57B invested in Landstar System in 2016 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 99 increasing their positions, 101 reducing their positions, and 31 closing their positions.
119% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 31
100.16% more ownership
Funds ownership: 0% → 100.16% (+100%)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
25% more capital invested
Capital invested by funds: $2.85B → $3.57B (+$722M)
16% more call options, than puts
Call options by funds: $5.29M | Put options by funds: $4.58M
12% more funds holding
Funds holding: 272 → 305 (+33)
2% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$26.3M |
| 2 |
LCOV
London Company of Virginia
Richmond,
Virginia
|
+$26.3M |
| 3 |
SGAM
Smith Group Asset Management
Dallas,
Texas
|
+$26M |
| 4 |
JP Morgan Chase
New York
|
+$24.3M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$151M |
| 2 |
ACM
Atlanta Capital Management
Atlanta,
Georgia
|
-$27.8M |
| 3 |
UBS AM
Chicago,
Illinois
|
-$17.5M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
-$11.2M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$10.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
326
Allianz Asset Management
Munich,
Germany
| – | -$201K | -2,978 | Closed |
|
|
CCA
327
Catalyst Capital Advisors
Huntington,
New York
| – | -$96K | -1,415 | Closed |
|
|
AIM
328
Acrospire Investment Management
Chicago,
Illinois
| – | -$54K | -800 | Closed |
|
|
JFA
329
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$26K | -387 | Closed |
|
|
S
330
SignatureFD
Atlanta,
Georgia
| – | -$26K | -387 | Closed |
|
|
PI
331
PineBridge Investments
New York
| – | -$24K | -356 | Closed |
|
332
First Manhattan
New York
| – | -$23K | -345 | Closed |
|
|
PMFA
333
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$18K | -269 | Closed |
|
|
LAM
334
Lebenthal Asset Management
New York
| – | -$12K | -174 | Closed |
|
|
PFBT
335
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$11K | -160 | Closed |
|
|
WIC
336
Woodmont Investment Counsel
Nashville,
Tennessee
| – | -$11K | -155 | Closed |
|
LSTR Hedge Fund Activity: Q4 2016 in Review
305 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q4 2016, worth a combined $3.57B — up 25% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new LSTR positions and 31 closed out — a net gain of 37 holders — while 99 added to existing stakes and 101 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $26.3M. The largest seller was Kayne Anderson Rudnick Investment Management, cutting an estimated $151M.
- 305 institutional investors held Landstar System (LSTR) as of Q4 2016, up from 272 in Q3 2016.
- Funds reported $3.57B of Landstar System stock for Q4 2016, up 25% quarter-over-quarter.
- 68 funds opened new Landstar System positions in Q4 2016 and 31 closed out, a net change of +37 holders.
- The largest Landstar System buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $26.3M added.
- The largest Landstar System seller in Q4 2016 was Kayne Anderson Rudnick Investment Management, an estimated $151M sold.
Based on aggregated 13F filings for Q4 2016.