Landstar System
LSTR
230 hedge funds and large institutions have $2.66B invested in Landstar System in 2014 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 77 increasing their positions, 87 reducing their positions, and 17 closing their positions.
112% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
30% more call options, than puts
Call options by funds: $1.25M | Put options by funds: $965K
8% more funds holding
Funds holding: 213 → 230 (+17)
1% more capital invested
Capital invested by funds: $2.62B → $2.66B (+$33.2M)
11% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$40.3M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$27.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$21.5M |
| 4 |
SCM
Sandler Capital Management
New York
|
+$19.1M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Herndon Capital Management
Atlanta,
Georgia
|
-$147M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$53.3M |
| 3 |
Westfield Capital Management
Boston,
Massachusetts
|
-$29.8M |
| 4 |
Bank of New York Mellon
New York
|
-$17.8M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$15.4M |
LSTR Hedge Fund Activity: Q1 2014 in Review
230 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q1 2014, worth a combined $2.66B — up 1.3% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new LSTR positions and 17 closed out — a net gain of 19 holders — while 77 added to existing stakes and 87 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $40.3M. The largest seller was Herndon Capital Management, cutting an estimated $147M.
- 230 institutional investors held Landstar System (LSTR) as of Q1 2014, up from 213 in Q4 2013.
- Funds reported $2.66B of Landstar System stock for Q1 2014, up 1.3% quarter-over-quarter.
- 36 funds opened new Landstar System positions in Q1 2014 and 17 closed out, a net change of +19 holders.
- The largest Landstar System buyer in Q1 2014 was Wellington Management Group, an estimated $40.3M added.
- The largest Landstar System seller in Q1 2014 was Herndon Capital Management, an estimated $147M sold.
Based on aggregated 13F filings for Q1 2014.