Leggett & Platt
446 hedge funds and large institutions have $6.87B invested in Leggett & Platt in 2014 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 156 increasing their positions, 151 reducing their positions, and 32 closing their positions.
116% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 32
102% more capital invested
Capital invested by funds: $3.4B → $6.87B (+$3.46B)
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
7% more funds holding
Funds holding: 415 → 446 (+31)
1.35% more ownership
Funds ownership: 71.07% → 72.42% (+1.3%)
3% more repeat investments, than reductions
Existing positions increased: 156 | Existing positions reduced: 151
92% less call options, than puts
Call options by funds: $4.59M | Put options by funds: $57.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Comerica Bank
Dallas,
Texas
|
+$31M |
| 2 |
RIM
Rainier Investment Management
Seattle,
Washington
|
+$23.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$22.1M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$22.1M |
| 5 |
JP Morgan Chase
New York
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WG
Winton Group
London,
United Kingdom
|
-$48.9M |
| 2 |
HCM
Hamlin Capital Management
New York
|
-$23.9M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$22M |
| 4 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$21.3M |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$17M |
LEG Hedge Fund Activity: Q4 2014 in Review
446 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q4 2014, worth a combined $6.87B — up 102% from $3.4B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new LEG positions and 32 closed out — a net gain of 37 holders — while 156 added to existing stakes and 151 trimmed.
The largest buyer was Comerica Bank, adding an estimated $31M. The largest seller was Winton Group, cutting an estimated $48.9M.
- 446 institutional investors held Leggett & Platt (LEG) as of Q4 2014, up from 415 in Q3 2014.
- Funds reported $6.87B of Leggett & Platt stock for Q4 2014, up 102% quarter-over-quarter.
- 69 funds opened new Leggett & Platt positions in Q4 2014 and 32 closed out, a net change of +37 holders.
- The largest Leggett & Platt buyer in Q4 2014 was Comerica Bank, an estimated $31M added.
- The largest Leggett & Platt seller in Q4 2014 was Winton Group, an estimated $48.9M sold.
Based on aggregated 13F filings for Q4 2014.