Landstar System
LSTR
219 hedge funds and large institutions have $2.5B invested in Landstar System in 2013 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 77 increasing their positions, 87 reducing their positions, and 24 closing their positions.
370% more call options, than puts
Call options by funds: $3.44M | Put options by funds: $731K
12% more capital invested
Capital invested by funds: $2.24B → $2.5B (+$260M)
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0% more funds holding
Funds holding: 219 → 219 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$78.4M |
| 2 |
Bank of New York Mellon
New York
|
+$30.6M |
| 3 |
AIMCA
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
|
+$19.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$17.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$42.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23.2M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$19.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$10.2M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$8.5M |
LSTR Hedge Fund Activity: Q3 2013 in Review
219 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q3 2013, worth a combined $2.5B — up 12% from $2.24B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new LSTR positions and 24 closed out — a net gain of 2 holders — while 77 added to existing stakes and 87 trimmed.
The largest buyer was Herndon Capital Management, adding an estimated $78.4M. The largest seller was Wellington Management Group, cutting an estimated $42.8M.
- 219 institutional investors held Landstar System (LSTR) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $2.5B of Landstar System stock for Q3 2013, up 12% quarter-over-quarter.
- 26 funds opened new Landstar System positions in Q3 2013 and 24 closed out, a net change of +2 holders.
- The largest Landstar System buyer in Q3 2013 was Herndon Capital Management, an estimated $78.4M added.
- The largest Landstar System seller in Q3 2013 was Wellington Management Group, an estimated $42.8M sold.
Based on aggregated 13F filings for Q3 2013.