Lear
395 hedge funds and large institutions have $6.53B invested in Lear in 2014 Q3 according to their latest regulatory filings, with 59 funds opening new positions, 144 increasing their positions, 142 reducing their positions, and 24 closing their positions.
146% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 24
42% more funds holding in top 10
Funds holding in top 10: 12 → 17 (+5)
16% more call options, than puts
Call options by funds: $41.7M | Put options by funds: $35.8M
9% more funds holding
Funds holding: 363 → 395 (+32)
1% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 142
0.56% less ownership
Funds ownership: 94.98% → 94.43% (-0.56%)
5% less capital invested
Capital invested by funds: $6.9B → $6.53B (-$370M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marcato Capital Management
San Francisco,
California
|
+$244M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$92.4M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$45.1M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
+$44.2M |
| 5 |
NFA
Nationwide Fund Advisors
Columbus,
Ohio
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$171M |
| 2 |
Boston Partners
Boston,
Massachusetts
|
-$164M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$67.8M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$67.5M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$64.4M |
LEA Hedge Fund Activity: Q3 2014 in Review
395 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Lear (LEA) for Q3 2014, worth a combined $6.53B — down 5.4% from $6.9B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new LEA positions and 24 closed out — a net gain of 35 holders — while 144 added to existing stakes and 142 trimmed.
The largest buyer was Marcato Capital Management, adding an estimated $244M. The largest seller was Morgan Stanley, cutting an estimated $171M.
- 395 institutional investors held Lear (LEA) as of Q3 2014, up from 363 in Q2 2014.
- Funds reported $6.53B of Lear stock for Q3 2014, down 5.4% quarter-over-quarter.
- 59 funds opened new Lear positions in Q3 2014 and 24 closed out, a net change of +35 holders.
- The largest Lear buyer in Q3 2014 was Marcato Capital Management, an estimated $244M added.
- The largest Lear seller in Q3 2014 was Morgan Stanley, an estimated $171M sold.
Based on aggregated 13F filings for Q3 2014.