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LVB

STEINWAY MUSICAL INSTRUMENTS
LVB

Delisted

LVB was delisted on the 18th of September, 2013.

23 hedge funds and large institutions have $36.4M invested in STEINWAY MUSICAL INSTRUMENTS in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

22% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 9

65% less funds holding

Funds holding: 6523 (-42)

78% less capital invested

Capital invested by funds: $164M → $36.4M (-$128M)

88% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 48

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.2M

Holders
23
Holders Change
-42
Holders Change %
-64.62%
% of All Funds
0.75%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
7
Reduced
9
Closed
48
Calls
Puts
$1.2M
Net Calls
-$1.2M
Net Calls Change
-$1.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
26
Vanguard Group
Pennsylvania
-$7.12M -233,814 Closed
BIT
27
BlackRock Institutional Trust
California
-$6.93M -227,682 Closed
GI
28
Greenwood Investments
Massachusetts
-$6.1M -200,473 Closed
BFA
29
BlackRock Fund Advisors
California
-$5.5M -180,820 Closed
NA
30
NS Advisors
Connecticut
-$4.36M -143,178 Closed
State Street
31
State Street
Massachusetts
-$3.62M -119,019 Closed
PCM
32
Perritt Capital Management
Illinois
-$3.17M -104,314 Closed
TA
33
Teton Advisors
New York
-$3.07M -100,921 Closed
NTCOC
34
Northern Trust Company of Connecticut
Connecticut
-$2.94M -96,722 Closed
RFC
35
Russell Frank Company
Washington
-$2.17M -71,321 Closed
AA
36
Ancora Advisors
Ohio
-$2.15M -70,625 Closed
Boston Partners
37
Boston Partners
Massachusetts
-$2.1M -68,972 Closed
Bank of New York Mellon
38
Bank of New York Mellon
New York
-$1.59M -52,348 Closed
VNA
39
VNBTrust National Association
Virginia
-$1.55M -50,990 Closed
TCIM
40
TIAA CREF Investment Management
New York
-$1.06M -34,953 Closed
GAM
41
Gotham Asset Management
New York
-$975K -32,035 Closed
Morgan Stanley
42
Morgan Stanley
New York
-$875K -28,773 Closed
Geode Capital Management
43
Geode Capital Management
Massachusetts
-$810K -26,606 Closed
BIM
44
BlackRock Investment Management
Delaware
-$717K -23,546 Closed
D.E. Shaw & Co
45
D.E. Shaw & Co
New York
-$650K -21,349 Closed
TC
46
TFS Capital
Pennsylvania
-$619K -20,334 Closed
PPA
47
Parametric Portfolio Associates
Washington
-$546K -17,936 Closed
Charles Schwab
48
Charles Schwab
California
-$548K -15,524 Closed
GI
49
GAMCO Investors
Connecticut
-$472K -15,516 Closed
Prudential Financial
50
Prudential Financial
New Jersey
-$442K -14,521 Closed

LVB Hedge Fund Activity: Q3 2013 in Review

23 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in STEINWAY MUSICAL INSTRUMENTS (LVB) for Q3 2013, worth a combined $36.4M — down 78% from $164M a quarter earlier.

Sellers outnumbered buyers: 48 funds closed out of LVB and 6 opened new positions — a net loss of 42 holders — while 9 trimmed existing stakes and 7 added.

The largest buyer was Commonwealth of Pennsylvania Public School Employees Retirement System, opening a new position worth an estimated $4.72M. The largest seller was Royal Bank of Canada, cutting an estimated $38.3M.

  • 23 institutional investors held STEINWAY MUSICAL INSTRUMENTS (LVB) as of Q3 2013, down from 65 in Q2 2013.
  • Funds reported $36.4M of STEINWAY MUSICAL INSTRUMENTS stock for Q3 2013, down 78% quarter-over-quarter.
  • 6 funds opened new STEINWAY MUSICAL INSTRUMENTS positions in Q3 2013 and 48 closed out, a net change of -42 holders.
  • The largest STEINWAY MUSICAL INSTRUMENTS buyer in Q3 2013 was Commonwealth of Pennsylvania Public School Employees Retirement System, an estimated $4.72M added.
  • The largest STEINWAY MUSICAL INSTRUMENTS seller in Q3 2013 was Royal Bank of Canada, an estimated $38.3M sold.

Based on aggregated 13F filings for Q3 2013.