Leggett & Platt
378 hedge funds and large institutions have $2.24B invested in Leggett & Platt in 2023 Q3 according to their latest regulatory filings, with 51 funds opening new positions, 143 increasing their positions, 123 reducing their positions, and 75 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 143 | Existing positions reduced: 123
14% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $15.4M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.94% less ownership
Funds ownership: 69.14% → 66.21% (-2.9%)
7% less funds holding
Funds holding: 407 → 378 (-29)
18% less capital invested
Capital invested by funds: $2.73B → $2.24B (-$490M)
32% less first-time investments, than exits
New positions opened: 51 | Existing positions closed: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$71.8M |
| 2 |
Millennium Management
New York
|
+$63.6M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$31.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$20.9M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$295M |
| 2 |
EIP
Epoch Investment Partners
New York
|
-$47.7M |
| 3 |
ORIO
Old Republic International (ORI)
Chicago,
Illinois
|
-$27M |
| 4 |
CIC
Crawford Investment Counsel
Atlanta,
Georgia
|
-$14.5M |
| 5 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$9.96M |
LEG Hedge Fund Activity: Q3 2023 in Review
378 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q3 2023, worth a combined $2.24B — down 18% from $2.73B a quarter earlier.
Sellers outnumbered buyers: 75 funds closed out of LEG and 51 opened new positions — a net loss of 24 holders — while 123 trimmed existing stakes and 143 added.
The largest buyer was BlackRock, adding an estimated $71.8M. The largest seller was State Street, cutting an estimated $295M.
- 378 institutional investors held Leggett & Platt (LEG) as of Q3 2023, down from 407 in Q2 2023.
- Funds reported $2.24B of Leggett & Platt stock for Q3 2023, down 18% quarter-over-quarter.
- 51 funds opened new Leggett & Platt positions in Q3 2023 and 75 closed out, a net change of -24 holders.
- The largest Leggett & Platt buyer in Q3 2023 was BlackRock, an estimated $71.8M added.
- The largest Leggett & Platt seller in Q3 2023 was State Street, an estimated $295M sold.
Based on aggregated 13F filings for Q3 2023.