WIC
LM

Water Island Capital’s Legg Mason, Inc. LM Stock Holding History

Water Island Capital’s Portfolio LM Stock Details LM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-2,107,836
Closed -$105M – 123
2020
Q2 		$105M Buy
2,107,836
+603,836
+40% +$30M 9.64% 5
2020
Q1 		$73.5M Buy
+1,504,000
New +$65.6M 5.31% 8

Water Island Capital's LM Position: Q3 2020 in Review

Water Island Capital sold out of Legg Mason, Inc. (LM) in Q3 2020, closing a stake of 2,107,836 shares — an estimated $105M sold.

Water Island Capital first reported a position in LM in Q1 2020 and held it in 2 quarters. The position peaked at $105M in Q2 2020. 0 funds tracked by Wall St. Rank hold LM as of Q3 2020.

  • Water Island Capital reported no remaining Legg Mason, Inc. position as of Q3 2020 after selling out during the quarter.
  • Water Island Capital sold 2,107,836 Legg Mason, Inc. shares in Q3 2020, an estimated $105M.
  • Water Island Capital first reported a position in Legg Mason, Inc. in Q1 2020 and held it in 2 quarters.
  • Water Island Capital's Legg Mason, Inc. position peaked at $105M in Q2 2020.
  • 0 funds tracked by Wall St. Rank held Legg Mason, Inc. as of Q3 2020.

Based on Water Island Capital's 13F filing for Q3 2020, filed 12 Nov 2020.