Leggett & Platt
461 hedge funds and large institutions have $4.11B invested in Leggett & Platt in 2019 Q2 according to their latest regulatory filings, with 44 funds opening new positions, 202 increasing their positions, 130 reducing their positions, and 64 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 130
1.75% more ownership
Funds ownership: 77.49% → 79.24% (+1.8%)
4% less capital invested
Capital invested by funds: $4.3B → $4.11B (-$184M)
6% less funds holding
Funds holding: 490 → 461 (-29)
31% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 64
36% less call options, than puts
Call options by funds: $3.98M | Put options by funds: $6.19M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$20.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$16.6M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$15.1M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$9.92M |
| 5 |
Lazard Asset Management
New York
|
+$8.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$13.8M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
-$12.7M |
| 3 |
GAM
Gotham Asset Management
New York
|
-$11.2M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$8.2M |
| 5 |
ECG
Edge Capital Group
Atlanta,
Georgia
|
-$6.64M |
LEG Hedge Fund Activity: Q2 2019 in Review
461 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q2 2019, worth a combined $4.11B — down 4.3% from $4.3B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of LEG and 44 opened new positions — a net loss of 20 holders — while 130 trimmed existing stakes and 202 added.
The largest buyer was Nuveen, opening a new position worth an estimated $20.9M. The largest seller was State Street, cutting an estimated $13.8M.
- 461 institutional investors held Leggett & Platt (LEG) as of Q2 2019, down from 490 in Q1 2019.
- Funds reported $4.11B of Leggett & Platt stock for Q2 2019, down 4.3% quarter-over-quarter.
- 44 funds opened new Leggett & Platt positions in Q2 2019 and 64 closed out, a net change of -20 holders.
- The largest Leggett & Platt buyer in Q2 2019 was Nuveen, an estimated $20.9M added.
- The largest Leggett & Platt seller in Q2 2019 was State Street, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2019.