LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
14 hedge funds and large institutions have $58.4M invested in LXP Industrial Trust 6.5% Series C Preferred Stock in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
17% more funds holding
Funds holding: 12 → 14 (+2)
0.2% more ownership
Funds ownership: 65.57% → 65.76% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $61.1M → $58.4M (-$2.68M)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$760K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$451K |
| 3 |
DLG
Daniel L. Goodwin
|
+$238K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$14.3K |
| 5 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$4.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$894K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$171K |
| 3 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$87K |
| 4 |
Cohen & Steers
New York
|
-$76K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$40K |
LXP.PRC Hedge Fund Activity: Q3 2013 in Review
14 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) for Q3 2013, worth a combined $58.4M — down 4.4% from $61.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LXP.PRC positions and 2 closed out — a net gain of 2 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Barclays, opening a new position worth an estimated $760K. The largest seller was Horizon Kinetics, cutting an estimated $894K.
- 14 institutional investors held LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) as of Q3 2013, up from 12 in Q2 2013.
- Funds reported $58.4M of LXP Industrial Trust 6.5% Series C Preferred Stock stock for Q3 2013, down 4.4% quarter-over-quarter.
- 4 funds opened new LXP Industrial Trust 6.5% Series C Preferred Stock positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock buyer in Q3 2013 was Barclays, an estimated $760K added.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock seller in Q3 2013 was Horizon Kinetics, an estimated $894K sold.
Based on aggregated 13F filings for Q3 2013.