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LXP Industrial Trust 6.5% Series C Preferred Stock

19 hedge funds and large institutions have $77.6M invested in LXP Industrial Trust 6.5% Series C Preferred Stock in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

19% more funds holding

Funds holding: 1619 (+3)

10% more capital invested

Capital invested by funds: $70.8M → $77.6M (+$6.76M)

1.83% more ownership

Funds ownership: 67.64%69.47% (+1.8%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

Holders
19
Holders Change
+3
Holders Change %
+18.75%
% of All Funds
0.42%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
4
Increased
4
Reduced
5
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$30.6M -$546K -9,925 -2%
FM
2
Forward Management
California
$16.9M -$861K -15,641 -5%
Cohen & Steers
3
Cohen & Steers
New York
$12.9M +$2.37M +43,096 +24%
BlackRock
4
BlackRock
New York
$8.13M +$2.82M +51,317 +57%
LCM
5
LDR Capital Management
New York
$2.52M -$868K -15,761 -26%
REMS
6
Real Estate Management Services
$1.53M +$88.1K +1,600 +6%
KWA
7
KCS Wealth Advisory
California
$1.11M +$45.7K +830 +5%
CCM
8
Cutler Capital Management
Massachusetts
$1.03M
Wells Fargo
9
Wells Fargo
California
$885K -$22.5K -409 -3%
Daiwa Securities Group
10
Daiwa Securities Group
Japan
$864K
PAMG
11
Patton Albertson Miller Group
Tennessee
$530K
Stifel Financial
12
Stifel Financial
Missouri
$419K -$27.5K -500 -6%
Morgan Stanley
13
Morgan Stanley
New York
$55K
LWA
14
Lowe Wealth Advisors
Maryland
$29K
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$17K
KPCM
16
Kings Point Capital Management
New York
$11K +$11K +200 New
SFS
17
Sowell Financial Services
Arkansas
$5K +$4.68K +85 New
JP Morgan Chase
18
JP Morgan Chase
New York
$4K +$4.29K +78 New
N
19
Nuveen
North Carolina
$3K
UBS Group
20
UBS Group
Switzerland
$2K +$1.87K +34 New
SIS
21
Sound Income Strategies
Florida
$1K
DADC
22
D.A. Davidson & Co
Montana
-$1.05M -19,503 Closed

LXP.PRC Hedge Fund Activity: Q3 2019 in Review

19 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) for Q3 2019, worth a combined $77.6M — up 9.5% from $70.8M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new LXP.PRC positions and 1 closed out — a net gain of 3 holders — while 4 added to existing stakes and 5 trimmed.

The largest buyer was BlackRock, adding an estimated $2.82M. The largest seller was D.A. Davidson & Co, exiting entirely with an estimated $1.05M sold.

  • 19 institutional investors held LXP Industrial Trust 6.5% Series C Preferred Stock (LXP.PRC) as of Q3 2019, up from 16 in Q2 2019.
  • Funds reported $77.6M of LXP Industrial Trust 6.5% Series C Preferred Stock stock for Q3 2019, up 9.5% quarter-over-quarter.
  • 4 funds opened new LXP Industrial Trust 6.5% Series C Preferred Stock positions in Q3 2019 and 1 closed out, a net change of +3 holders.
  • The largest LXP Industrial Trust 6.5% Series C Preferred Stock buyer in Q3 2019 was BlackRock, an estimated $2.82M added.
  • The largest LXP Industrial Trust 6.5% Series C Preferred Stock seller in Q3 2019 was D.A. Davidson & Co, an estimated $1.05M sold.

Based on aggregated 13F filings for Q3 2019.