Landstar System
LSTR
237 hedge funds and large institutions have $3B invested in Landstar System in 2015 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 93 increasing their positions, 90 reducing their positions, and 47 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 90
2% less capital invested
Capital invested by funds: $3.07B → $3B (-$69.5M)
11% less funds holding
Funds holding: 267 → 237 (-30)
17% less call options, than puts
Call options by funds: $6.82M | Put options by funds: $8.19M
62% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 47
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$41.5M |
| 2 |
Millennium Management
New York
|
+$26.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$22.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$21.3M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$27M |
| 2 |
NAP
New Amsterdam Partners
New York
|
-$24.1M |
| 3 |
RA
Royce & Associates
New York
|
-$21.3M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$19.5M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$17.9M |
LSTR Hedge Fund Activity: Q2 2015 in Review
237 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q2 2015, worth a combined $3B — down 2.3% from $3.07B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of LSTR and 18 opened new positions — a net loss of 29 holders — while 90 trimmed existing stakes and 93 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $41.5M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $27M sold.
- 237 institutional investors held Landstar System (LSTR) as of Q2 2015, down from 267 in Q1 2015.
- Funds reported $3B of Landstar System stock for Q2 2015, down 2.3% quarter-over-quarter.
- 18 funds opened new Landstar System positions in Q2 2015 and 47 closed out, a net change of -29 holders.
- The largest Landstar System buyer in Q2 2015 was Kayne Anderson Rudnick Investment Management, an estimated $41.5M added.
- The largest Landstar System seller in Q2 2015 was Waddell & Reed Financial, an estimated $27M sold.
Based on aggregated 13F filings for Q2 2015.