Leggett & Platt
444 hedge funds and large institutions have $2.48B invested in Leggett & Platt in 2020 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 161 increasing their positions, 160 reducing their positions, and 114 closing their positions.
1% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 160
3.24% less ownership
Funds ownership: 73.67% → 70.43% (-3.2%)
14% less funds holding
Funds holding: 515 → 444 (-71)
20% less call options, than puts
Call options by funds: $4.09M | Put options by funds: $5.09M
50% less capital invested
Capital invested by funds: $4.93B → $2.48B (-$2.45B)
60% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 114
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
+$162M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.9M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
+$16.3M |
| 4 |
Morgan Stanley
New York
|
+$15M |
| 5 |
Squarepoint
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$182M |
| 2 |
State Street
Boston,
Massachusetts
|
-$133M |
| 3 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$32.7M |
| 4 |
JP Morgan Chase
New York
|
-$22.2M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
-$17.1M |
LEG Hedge Fund Activity: Q1 2020 in Review
444 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q1 2020, worth a combined $2.48B — down 50% from $4.93B a quarter earlier.
Sellers outnumbered buyers: 114 funds closed out of LEG and 46 opened new positions — a net loss of 68 holders — while 160 trimmed existing stakes and 161 added.
The largest buyer was Charles Schwab, adding an estimated $162M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $182M sold.
- 444 institutional investors held Leggett & Platt (LEG) as of Q1 2020, down from 515 in Q4 2019.
- Funds reported $2.48B of Leggett & Platt stock for Q1 2020, down 50% quarter-over-quarter.
- 46 funds opened new Leggett & Platt positions in Q1 2020 and 114 closed out, a net change of -68 holders.
- The largest Leggett & Platt buyer in Q1 2020 was Charles Schwab, an estimated $162M added.
- The largest Leggett & Platt seller in Q1 2020 was Charles Schwab Investment Advisory, an estimated $182M sold.
Based on aggregated 13F filings for Q1 2020.