Leggett & Platt
364 hedge funds and large institutions have $1.75B invested in Leggett & Platt in 2024 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 158 increasing their positions, 112 reducing their positions, and 82 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 112
1.94% more ownership
Funds ownership: 66% → 67.94% (+1.9%)
11% less funds holding
Funds holding: 407 → 364 (-43)
24% less capital invested
Capital invested by funds: $2.31B → $1.75B (-$560M)
31% less call options, than puts
Call options by funds: $19.9M | Put options by funds: $28.7M
50% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$22.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$20M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$15.9M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$11.9M |
| 5 |
BlackRock
New York
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$26.2M |
| 2 |
Morgan Stanley
New York
|
-$19.7M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$17.1M |
| 4 |
BAM
Berkshire Asset Management
Wilkes Barre,
Pennsylvania
|
-$15.1M |
| 5 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$13.4M |
LEG Hedge Fund Activity: Q1 2024 in Review
364 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q1 2024, worth a combined $1.75B — down 24% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 82 funds closed out of LEG and 41 opened new positions — a net loss of 41 holders — while 112 trimmed existing stakes and 158 added.
The largest buyer was Charles Schwab, adding an estimated $22.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $26.2M sold.
- 364 institutional investors held Leggett & Platt (LEG) as of Q1 2024, down from 407 in Q4 2023.
- Funds reported $1.75B of Leggett & Platt stock for Q1 2024, down 24% quarter-over-quarter.
- 41 funds opened new Leggett & Platt positions in Q1 2024 and 82 closed out, a net change of -41 holders.
- The largest Leggett & Platt buyer in Q1 2024 was Charles Schwab, an estimated $22.2M added.
- The largest Leggett & Platt seller in Q1 2024 was Adage Capital Partners, an estimated $26.2M sold.
Based on aggregated 13F filings for Q1 2024.