Leggett & Platt
453 hedge funds and large institutions have $3.96B invested in Leggett & Platt in 2020 Q3 according to their latest regulatory filings, with 82 funds opening new positions, 128 increasing their positions, 163 reducing their positions, and 59 closing their positions.
39% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 59
28% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $18.9M
18% more capital invested
Capital invested by funds: $3.35B → $3.96B (+$616M)
5% more funds holding
Funds holding: 433 → 453 (+20)
0.94% more ownership
Funds ownership: 71.81% → 72.75% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
21% less repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 163
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Prudential plc
London, England,
United Kingdom
|
+$90.7M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$51.3M |
| 3 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$28.2M |
| 4 |
Bank of New York Mellon
New York
|
+$27.7M |
| 5 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$56.4M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$28.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$26.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$20M |
| 5 |
Renaissance Technologies
New York
|
-$19.8M |
LEG Hedge Fund Activity: Q3 2020 in Review
453 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q3 2020, worth a combined $3.96B — up 18% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new LEG positions and 59 closed out — a net gain of 23 holders — while 128 added to existing stakes and 163 trimmed.
The largest buyer was Prudential plc, opening a new position worth an estimated $90.7M. The largest seller was State Street, cutting an estimated $56.4M.
- 453 institutional investors held Leggett & Platt (LEG) as of Q3 2020, up from 433 in Q2 2020.
- Funds reported $3.96B of Leggett & Platt stock for Q3 2020, up 18% quarter-over-quarter.
- 82 funds opened new Leggett & Platt positions in Q3 2020 and 59 closed out, a net change of +23 holders.
- The largest Leggett & Platt buyer in Q3 2020 was Prudential plc, an estimated $90.7M added.
- The largest Leggett & Platt seller in Q3 2020 was State Street, an estimated $56.4M sold.
Based on aggregated 13F filings for Q3 2020.