Leggett & Platt
487 hedge funds and large institutions have $4.25B invested in Leggett & Platt in 2020 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 166 increasing their positions, 149 reducing their positions, and 51 closing their positions.
73% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 51
52% more call options, than puts
Call options by funds: $31.7M | Put options by funds: $20.9M
11% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 149
8% more funds holding
Funds holding: 453 → 487 (+34)
7% more capital invested
Capital invested by funds: $3.96B → $4.25B (+$290M)
0.37% less ownership
Funds ownership: 72.75% → 72.39% (-0.37%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hamlin Capital Management
New York
|
+$49.3M |
| 2 |
Millennium Management
New York
|
+$28.7M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$21.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$20M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$81.5M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$38.8M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$27.9M |
| 4 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
-$23.1M |
| 5 |
BlackRock
New York
|
-$17.3M |
LEG Hedge Fund Activity: Q4 2020 in Review
487 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q4 2020, worth a combined $4.25B — up 7.3% from $3.96B a quarter earlier.
Buyers outnumbered sellers: 88 funds opened new LEG positions and 51 closed out — a net gain of 37 holders — while 166 added to existing stakes and 149 trimmed.
The largest buyer was Hamlin Capital Management, opening a new position worth an estimated $49.3M. The largest seller was State Street, cutting an estimated $81.5M.
- 487 institutional investors held Leggett & Platt (LEG) as of Q4 2020, up from 453 in Q3 2020.
- Funds reported $4.25B of Leggett & Platt stock for Q4 2020, up 7.3% quarter-over-quarter.
- 88 funds opened new Leggett & Platt positions in Q4 2020 and 51 closed out, a net change of +37 holders.
- The largest Leggett & Platt buyer in Q4 2020 was Hamlin Capital Management, an estimated $49.3M added.
- The largest Leggett & Platt seller in Q4 2020 was State Street, an estimated $81.5M sold.
Based on aggregated 13F filings for Q4 2020.