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Landstar System

466 hedge funds and large institutions have $6.26B invested in Landstar System in 2023 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 141 increasing their positions, 174 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

493% more call options, than puts

Call options by funds: $16.3M | Put options by funds: $2.74M

54% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 39

4% more funds holding

Funds holding: 449466 (+17)

3.04% less ownership

Funds ownership: 101.38%98.34% (-3%)

10% less capital invested

Capital invested by funds: $6.95B → $6.26B (-$684M)

19% less repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 174

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
466
Holders Change
+17
Holders Change %
+3.79%
% of All Funds
7.4%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
60
Increased
141
Reduced
174
Closed
39
Calls
$16.3M
Puts
$2.74M
Net Calls
+$13.5M
Net Calls Change
+$10.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$606M -$996K -5,187 -0.2%
BlackRock
2
BlackRock
New York
$601M +$3.23M +16,805 +0.5%
Kayne Anderson Rudnick Investment Management
3
Kayne Anderson Rudnick Investment Management
California
$565M -$1.89M -9,831 -0.3%
Morgan Stanley
4
Morgan Stanley
New York
$487M -$9.48M -49,370 -2%
Boston Partners
5
Boston Partners
Massachusetts
$286M -$3.28M -17,070 -1%
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$208M -$131K -683 -0.1%
Victory Capital Management
7
Victory Capital Management
Texas
$207M -$72.9M -379,456 -24%
State Street
8
State Street
Massachusetts
$192M +$874K +4,549 +0.4%
JP Morgan Chase
9
JP Morgan Chase
New York
$135M -$2.53M -13,183 -2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$133M +$1.34M +6,979 +0.9%
Fuller & Thaler Asset Management
11
Fuller & Thaler Asset Management
California
$108M -$15.7M -81,585 -12%
Northern Trust
12
Northern Trust
Illinois
$103M -$2.18M -11,343 -2%
Fidelity Investments
13
Fidelity Investments
Massachusetts
$102M -$44M -229,278 -28%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$94.4M +$1.34M +6,955 +1%
Wells Fargo
15
Wells Fargo
California
$76.1M -$361K -1,879 -0.4%
Invesco
16
Invesco
Georgia
$73.9M +$28.5M +148,490 +55%
Jacobs Levy Equity Management
17
Jacobs Levy Equity Management
New Jersey
$70.9M -$2.07M -10,784 -3%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$70.6M -$4M -20,807 -5%
AQR Capital Management
19
AQR Capital Management
Connecticut
$67.9M +$2.06M +10,753 +3%
RA
20
Royce & Associates
New York
$65M -$699K -3,639 -1%
Bank of America
21
Bank of America
North Carolina
$61.3M +$747K +3,889 +1%
Charles Schwab
22
Charles Schwab
California
$60.1M +$1.89M +9,846 +3%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$59.4M +$3.83M +19,920 +6%
Norges Bank
24
Norges Bank
Norway
$59.3M
DGI
25
Disciplined Growth Investors
Minnesota
$58.8M -$21.8M -113,590 -25%

LSTR Hedge Fund Activity: Q3 2023 in Review

466 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Landstar System (LSTR) for Q3 2023, worth a combined $6.26B — down 9.8% from $6.95B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new LSTR positions and 39 closed out — a net gain of 21 holders — while 141 added to existing stakes and 174 trimmed.

The largest buyer was Invesco, adding an estimated $28.5M. The largest seller was Victory Capital Management, cutting an estimated $72.9M.

  • 466 institutional investors held Landstar System (LSTR) as of Q3 2023, up from 449 in Q2 2023.
  • Funds reported $6.26B of Landstar System stock for Q3 2023, down 9.8% quarter-over-quarter.
  • 60 funds opened new Landstar System positions in Q3 2023 and 39 closed out, a net change of +21 holders.
  • The largest Landstar System buyer in Q3 2023 was Invesco, an estimated $28.5M added.
  • The largest Landstar System seller in Q3 2023 was Victory Capital Management, an estimated $72.9M sold.

Based on aggregated 13F filings for Q3 2023.