Leggett & Platt
497 hedge funds and large institutions have $4.66B invested in Leggett & Platt in 2017 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 175 increasing their positions, 150 reducing their positions, and 37 closing their positions.
100% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 37
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
17% more repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 150
8% more funds holding
Funds holding: 461 → 497 (+36)
6% more capital invested
Capital invested by funds: $4.4B → $4.66B (+$254M)
4.29% more ownership
Funds ownership: 69.72% → 74.01% (+4.3%)
26% less call options, than puts
Call options by funds: $2.4M | Put options by funds: $3.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$43.7M |
| 2 |
TCM
TimesSquare Capital Management
New York
|
+$37.2M |
| 3 |
Renaissance Technologies
New York
|
+$34.3M |
| 4 |
Morgan Stanley
New York
|
+$28.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Ardevora Asset Management
London,
United Kingdom
|
-$35M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
-$12.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.96M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.1M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$8.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
526
Next Financial Group
Houston,
Texas
| – | -$74K | -1,550 | Closed |
|
|
TCOV
527
Trust Company of Vermont
Brattleboro,
Vermont
| – | -$49K | -1,026 | Closed |
|
|
GEA
528
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$14.3K | -300 | Closed |
|
|
RIA
529
RPG Investment Advisory
Pleasanton,
California
| – | -$10K | -200 | Closed |
|
|
ZB
530
Zions Bancorporation
Salt Lake City,
Utah
| – | -$4K | -80 | Closed |
|
|
AC
531
Alexandria Capital
Arlington,
Virginia
| – | -$2K | -39 | Closed |
|
532
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | +$47 | +1 | New |
|
|
MGIA
533
Moneta Group Investment Advisors
St Louis,
Missouri
| – | +$236 | +5 | New |
|
LEG Hedge Fund Activity: Q4 2017 in Review
497 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q4 2017, worth a combined $4.66B — up 5.8% from $4.4B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new LEG positions and 37 closed out — a net gain of 37 holders — while 175 added to existing stakes and 150 trimmed.
The largest buyer was State Street, adding an estimated $43.7M. The largest seller was Ardevora Asset Management, exiting entirely with an estimated $35M sold.
- 497 institutional investors held Leggett & Platt (LEG) as of Q4 2017, up from 461 in Q3 2017.
- Funds reported $4.66B of Leggett & Platt stock for Q4 2017, up 5.8% quarter-over-quarter.
- 74 funds opened new Leggett & Platt positions in Q4 2017 and 37 closed out, a net change of +37 holders.
- The largest Leggett & Platt buyer in Q4 2017 was State Street, an estimated $43.7M added.
- The largest Leggett & Platt seller in Q4 2017 was Ardevora Asset Management, an estimated $35M sold.
Based on aggregated 13F filings for Q4 2017.