LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
15 hedge funds and large institutions have $56.6M invested in LXP Industrial Trust 6.5% Series C Preferred Stock in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
7% more funds holding
Funds holding: 14 → 15 (+1)
0.36% more ownership
Funds ownership: 65.76% → 66.12% (+0.36%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $58.4M → $56.6M (-$1.77M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.17M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$155K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$109K |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$59.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$673K |
| 2 |
Barclays
London,
United Kingdom
|
-$274K |
| 3 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$138K |
| 4 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$131K |
| 5 |
HK
Horizon Kinetics
New York
|
-$6.75K |
LXP.PRC Hedge Fund Activity: Q4 2013 in Review
15 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) for Q4 2013, worth a combined $56.6M — down 3% from $58.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new LXP.PRC positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 5 trimmed.
The largest buyer was D.A. Davidson & Co, opening a new position worth an estimated $1.17M. The largest seller was Cohen & Steers, cutting an estimated $673K.
- 15 institutional investors held LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) as of Q4 2013, up from 14 in Q3 2013.
- Funds reported $56.6M of LXP Industrial Trust 6.5% Series C Preferred Stock stock for Q4 2013, down 3% quarter-over-quarter.
- 3 funds opened new LXP Industrial Trust 6.5% Series C Preferred Stock positions in Q4 2013 and 2 closed out, a net change of +1 holder.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock buyer in Q4 2013 was D.A. Davidson & Co, an estimated $1.17M added.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock seller in Q4 2013 was Cohen & Steers, an estimated $673K sold.
Based on aggregated 13F filings for Q4 2013.