Leggett & Platt
433 hedge funds and large institutions have $3.35B invested in Leggett & Platt in 2020 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 144 increasing their positions, 167 reducing their positions, and 77 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more capital invested
Capital invested by funds: $2.48B → $3.35B (+$861M)
1.38% more ownership
Funds ownership: 70.43% → 71.81% (+1.4%)
4% more call options, than puts
Call options by funds: $11.4M | Put options by funds: $10.9M
2% less funds holding
Funds holding: 444 → 433 (-11)
13% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 77
14% less repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 167
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$88.4M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$43.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$26.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.8M |
| 5 |
ProShare Advisors
Bethesda,
Maryland
|
+$21.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$58.8M |
| 2 |
DP
Dearborn Partners
Chicago,
Illinois
|
-$19.2M |
| 3 |
WG
Welch Group
Birmingham,
Alabama
|
-$19.2M |
| 4 |
Morgan Stanley
New York
|
-$16.8M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$16.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
501
Twin Tree Management
Dallas,
Texas
| – | -$1K | -36 | Closed |
|
|
GI
502
Gradient Investments
Arden Hills,
Minnesota
| – | -$186 | -6 | -32% |
|
|
OSAM
503
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | +$93 | +3 | New |
|
|
EW
504
Evoke Wealth
Los Angeles,
California
| – | +$372 | +12 | New |
|
|
MA
505
MCF Advisors
Covington,
Kentucky
| – | +$434 | +14 | New |
|
LEG Hedge Fund Activity: Q2 2020 in Review
433 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q2 2020, worth a combined $3.35B — up 35% from $2.48B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of LEG and 67 opened new positions — a net loss of 10 holders — while 167 trimmed existing stakes and 144 added.
The largest buyer was State Street, adding an estimated $88.4M. The largest seller was BlackRock, cutting an estimated $58.8M.
- 433 institutional investors held Leggett & Platt (LEG) as of Q2 2020, down from 444 in Q1 2020.
- Funds reported $3.35B of Leggett & Platt stock for Q2 2020, up 35% quarter-over-quarter.
- 67 funds opened new Leggett & Platt positions in Q2 2020 and 77 closed out, a net change of -10 holders.
- The largest Leggett & Platt buyer in Q2 2020 was State Street, an estimated $88.4M added.
- The largest Leggett & Platt seller in Q2 2020 was BlackRock, an estimated $58.8M sold.
Based on aggregated 13F filings for Q2 2020.