Dark
Light
System
Security
LAKE SHORE BANCORP INC
LAKE SHORE BANCORP INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q4)
Portfolio Summary: 13 Institutional holders with a total value of $14,049,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 STILWELL VALUE LLC 286,364 4,659,000 33.16%
2 BANC FUNDS CO LLC 219,879 3,577,000 25.46%
3 Arbiter Partners Capital Management LLC 200,877 3,268,000 23.26%
4 HBK Sorce Advisory LLC 55,886 904,000 6.43%
5 BRIDGEWAY CAPITAL MANAGEMENT, LLC 33,850 550,000 3.91%
6 Minerva Advisors LLC 29,669 480,000 3.42%
7 FIRST MANHATTAN CO. LLC. 20,000 325,000 2.31%
8 DIMENSIONAL FUND ADVISORS LP 11,130 181,000 1.29%
9 MORGAN STANLEY 4,775 77,000 0.55%
10 BlackRock Fund Advisors 652 11,000 0.08%
11 BlackRock Investment Management, LLC 364 6,000 0.04%
12 Creative Planning 375 6,000 0.04%
13 NEXT Financial Group, Inc 300 5,000 0.04%

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.