Landstar System
LSTR
213 hedge funds and large institutions have $2.62B invested in Landstar System in 2013 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 87 increasing their positions, 69 reducing their positions, and 26 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
97% more call options, than puts
Call options by funds: $2.92M | Put options by funds: $1.49M
26% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 69
5% more capital invested
Capital invested by funds: $2.5B → $2.62B (+$118M)
3% less funds holding
Funds holding: 219 → 213 (-6)
15% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
+$59.2M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$21.3M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$14.9M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$12.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$32.4M |
| 2 |
KI
Kalmar Investments
Greenville,
Delaware
|
-$30.4M |
| 3 |
Bank of New York Mellon
New York
|
-$19.6M |
| 4 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$17.6M |
| 5 |
SCM
Sandler Capital Management
New York
|
-$12.8M |
LSTR Hedge Fund Activity: Q4 2013 in Review
213 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q4 2013, worth a combined $2.62B — up 4.7% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of LSTR and 22 opened new positions — a net loss of 4 holders — while 69 trimmed existing stakes and 87 added.
The largest buyer was Herndon Capital Management, adding an estimated $59.2M. The largest seller was Westfield Capital Management, cutting an estimated $32.4M.
- 213 institutional investors held Landstar System (LSTR) as of Q4 2013, down from 219 in Q3 2013.
- Funds reported $2.62B of Landstar System stock for Q4 2013, up 4.7% quarter-over-quarter.
- 22 funds opened new Landstar System positions in Q4 2013 and 26 closed out, a net change of -4 holders.
- The largest Landstar System buyer in Q4 2013 was Herndon Capital Management, an estimated $59.2M added.
- The largest Landstar System seller in Q4 2013 was Westfield Capital Management, an estimated $32.4M sold.
Based on aggregated 13F filings for Q4 2013.