Leggett & Platt
LEG
451 hedge funds and large institutions have $3.93B invested in Leggett & Platt in 2015 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 152 increasing their positions, 168 reducing their positions, and 43 closing their positions.
42% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 43
37% more call options, than puts
Call options by funds: $3.12M | Put options by funds: $2.28M
3% more funds holding
Funds holding: 436 → 451 (+15)
0.53% more ownership
Funds ownership: 69.43% → 69.96% (+0.53%)
10% less repeat investments, than reductions
Existing positions increased: 152 | Existing positions reduced: 168
15% less capital invested
Capital invested by funds: $4.63B → $3.93B (-$696M)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.8M |
| 2 |
WG
Winton Group
London,
United Kingdom
|
+$38.4M |
| 3 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$31.5M |
| 4 |
Morgan Stanley
New York
|
+$31.3M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$21.2M |
Top Sellers
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$64.7M |
| 2 |
Comerica Bank
Dallas,
Texas
|
-$54.4M |
| 3 |
Bank of New York Mellon
New York
|
-$38.8M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$35M |
| 5 |
State Street
Boston,
Massachusetts
|
-$30.4M |
LEG Hedge Fund Activity: Q3 2015 in Review
451 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q3 2015, worth a combined $3.93B — down 15% from $4.63B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new LEG positions and 43 closed out — a net gain of 18 holders — while 152 added to existing stakes and 168 trimmed.
The largest buyer was Vanguard Group, adding an estimated $45.8M. The largest seller was Ameriprise, cutting an estimated $64.7M.
- 451 institutional investors held Leggett & Platt (LEG) as of Q3 2015, up from 436 in Q2 2015.
- Funds reported $3.93B of Leggett & Platt stock for Q3 2015, down 15% quarter-over-quarter.
- 61 funds opened new Leggett & Platt positions in Q3 2015 and 43 closed out, a net change of +18 holders.
- The largest Leggett & Platt buyer in Q3 2015 was Vanguard Group, an estimated $45.8M added.
- The largest Leggett & Platt seller in Q3 2015 was Ameriprise, an estimated $64.7M sold.
Based on aggregated 13F filings for Q3 2015.