LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
12 hedge funds and large institutions have $60.9M invested in LXP Industrial Trust 6.5% Series C Preferred Stock in 2014 Q4 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 0 closing their positions.
2% more capital invested
Capital invested by funds: $59.8M → $60.9M (+$1.09M)
0% more funds holding
Funds holding: 12 → 12 (0)
0.06% less ownership
Funds ownership: 65.21% → 65.15% (-0.06%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$1.44M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$62.6K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$26.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cutler Capital Management
Worcester,
Massachusetts
|
-$1.52M |
| 2 |
Cohen & Steers
New York
|
-$50.5K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19.3K |
| 4 |
Citigroup
New York
|
-$626 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Fidelity Investments
Boston,
Massachusetts
| $26.5M | +$1.44M | +30,000 | +6% |
|
|
FM
2
Forward Management
San Francisco,
California
| $14.7M | – | – | – |
|
|
3
Cohen & Steers
New York
| $8.85M | -$50.5K | -1,050 | -0.6% |
|
|
CCM
4
Cutler Capital Management
Worcester,
Massachusetts
| $7.82M | -$1.52M | -31,513 | -16% |
|
|
HK
5
Horizon Kinetics
New York
| $906K | – | – | – |
|
|
DADC
6
D.A. Davidson & Co
Great Falls,
Montana
| $839K | +$26.7K | +555 | +3% |
|
|
AAMU
7
APG Asset Management US
New York
| $480K | – | – | – |
|
|
N
8
Nuveen
Charlotte,
North Carolina
| $255K | – | – | – |
|
|
DLG
9
Daniel L. Goodwin
| $240K | – | – | – |
|
|
10
Wells Fargo
San Francisco,
California
| $235K | -$19.3K | -400 | -8% |
|
|
11
Bank of America
Charlotte,
North Carolina
| $77K | +$62.6K | +1,300 | +433% |
|
|
HCM
12
Highlander Capital Management
Short Hills,
New Jersey
| $24K | – | – | – |
|
|
13
Citigroup
New York
| $17K | -$626 | -13 | -4% |
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
LXP.PRC Hedge Fund Activity: Q4 2014 in Review
12 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) for Q4 2014, worth a combined $60.9M — up 1.8% from $59.8M a quarter earlier.
Fund positioning in LXP.PRC was balanced in Q4 2014: 0 funds opened new positions, 0 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $1.44M. The largest seller was Cutler Capital Management, cutting an estimated $1.52M.
- 12 institutional investors held LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $60.9M of LXP Industrial Trust 6.5% Series C Preferred Stock stock for Q4 2014, up 1.8% quarter-over-quarter.
- 0 funds opened new LXP Industrial Trust 6.5% Series C Preferred Stock positions in Q4 2014 and 0 closed out.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock buyer in Q4 2014 was Fidelity Investments, an estimated $1.44M added.
- The largest LXP Industrial Trust 6.5% Series C Preferred Stock seller in Q4 2014 was Cutler Capital Management, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2014.