Leggett & Platt
409 hedge funds and large institutions have $3.51B invested in Leggett & Platt in 2014 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 132 increasing their positions, 147 reducing their positions, and 23 closing their positions.
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
7% more capital invested
Capital invested by funds: $3.28B → $3.51B (+$230M)
5% more funds holding
Funds holding: 390 → 409 (+19)
1.13% more ownership
Funds ownership: 72.55% → 73.68% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 147
56% less call options, than puts
Call options by funds: $2.95M | Put options by funds: $6.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$44.4M |
| 2 |
ARC
Absolute Return Capital
Boston,
Massachusetts
|
+$15.8M |
| 3 |
HTC
Haverford Trust Company
Radnor,
Pennsylvania
|
+$15.6M |
| 4 |
T
Thomaspartners
Boston,
Massachusetts
|
+$10.2M |
| 5 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$9.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$19.9M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$15.2M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.3M |
| 4 |
SG Americas Securities
New York
|
-$8.87M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$7.3M |
LEG Hedge Fund Activity: Q2 2014 in Review
409 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q2 2014, worth a combined $3.51B — up 7% from $3.28B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new LEG positions and 23 closed out — a net gain of 22 holders — while 132 added to existing stakes and 147 trimmed.
The largest buyer was Norges Bank, adding an estimated $44.4M. The largest seller was State Street, cutting an estimated $19.9M.
- 409 institutional investors held Leggett & Platt (LEG) as of Q2 2014, up from 390 in Q1 2014.
- Funds reported $3.51B of Leggett & Platt stock for Q2 2014, up 7% quarter-over-quarter.
- 45 funds opened new Leggett & Platt positions in Q2 2014 and 23 closed out, a net change of +22 holders.
- The largest Leggett & Platt buyer in Q2 2014 was Norges Bank, an estimated $44.4M added.
- The largest Leggett & Platt seller in Q2 2014 was State Street, an estimated $19.9M sold.
Based on aggregated 13F filings for Q2 2014.