Leggett & Platt
475 hedge funds and large institutions have $4.17B invested in Leggett & Platt in 2016 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 182 increasing their positions, 140 reducing their positions, and 38 closing their positions.
82% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 38
30% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 140
6% more funds holding
Funds holding: 450 → 475 (+25)
1.91% more ownership
Funds ownership: 67.24% → 69.16% (+1.9%)
10% less capital invested
Capital invested by funds: $4.61B → $4.17B (-$445M)
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
83% less call options, than puts
Call options by funds: $2.64M | Put options by funds: $15.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.3M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$19.5M |
| 3 |
Goldman Sachs
New York
|
+$14.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.6M |
| 5 |
Two Sigma Advisers
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$32.6M |
| 2 |
JP Morgan Chase
New York
|
-$23.4M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$21.3M |
| 4 |
ED
Exane Derivatives
Paris,
France
|
-$12.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$12.1M |
LEG Hedge Fund Activity: Q3 2016 in Review
475 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q3 2016, worth a combined $4.17B — down 9.7% from $4.61B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new LEG positions and 38 closed out — a net gain of 31 holders — while 182 added to existing stakes and 140 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.3M. The largest seller was Cramer Rosenthal McGlynn, cutting an estimated $32.6M.
- 475 institutional investors held Leggett & Platt (LEG) as of Q3 2016, up from 450 in Q2 2016.
- Funds reported $4.17B of Leggett & Platt stock for Q3 2016, down 9.7% quarter-over-quarter.
- 69 funds opened new Leggett & Platt positions in Q3 2016 and 38 closed out, a net change of +31 holders.
- The largest Leggett & Platt buyer in Q3 2016 was Morgan Stanley, an estimated $31.3M added.
- The largest Leggett & Platt seller in Q3 2016 was Cramer Rosenthal McGlynn, an estimated $32.6M sold.
Based on aggregated 13F filings for Q3 2016.