Leggett & Platt
453 hedge funds and large institutions have $3.65B invested in Leggett & Platt in 2018 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 154 increasing their positions, 170 reducing their positions, and 73 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2.47% more ownership
Funds ownership: 76.92% → 79.39% (+2.5%)
9% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 170
5% less funds holding
Funds holding: 475 → 453 (-22)
15% less call options, than puts
Call options by funds: $4.98M | Put options by funds: $5.84M
16% less capital invested
Capital invested by funds: $4.36B → $3.65B (-$708M)
25% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$59.5M |
| 2 |
Bank of New York Mellon
New York
|
+$47.9M |
| 3 |
AA
ALPS Advisors
Denver,
Colorado
|
+$41.2M |
| 4 |
BlackRock
New York
|
+$19M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$98M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$24.9M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$22.8M |
| 4 |
JP Morgan Chase
New York
|
-$14M |
| 5 |
Neuberger Berman Group
New York
|
-$9.24M |
LEG Hedge Fund Activity: Q4 2018 in Review
453 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q4 2018, worth a combined $3.65B — down 16% from $4.36B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of LEG and 55 opened new positions — a net loss of 18 holders — while 170 trimmed existing stakes and 154 added.
The largest buyer was State Street, adding an estimated $59.5M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $98M sold.
- 453 institutional investors held Leggett & Platt (LEG) as of Q4 2018, down from 475 in Q3 2018.
- Funds reported $3.65B of Leggett & Platt stock for Q4 2018, down 16% quarter-over-quarter.
- 55 funds opened new Leggett & Platt positions in Q4 2018 and 73 closed out, a net change of -18 holders.
- The largest Leggett & Platt buyer in Q4 2018 was State Street, an estimated $59.5M added.
- The largest Leggett & Platt seller in Q4 2018 was TimesSquare Capital Management, an estimated $98M sold.
Based on aggregated 13F filings for Q4 2018.