Leggett & Platt
490 hedge funds and large institutions have $4.3B invested in Leggett & Platt in 2019 Q1 according to their latest regulatory filings, with 79 funds opening new positions, 160 increasing their positions, 165 reducing their positions, and 37 closing their positions.
114% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 37
79% more call options, than puts
Call options by funds: $8.65M | Put options by funds: $4.84M
18% more capital invested
Capital invested by funds: $3.65B → $4.3B (+$647M)
8% more funds holding
Funds holding: 453 → 490 (+37)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3% less repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 165
1.9% less ownership
Funds ownership: 79.39% → 77.49% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$44.5M |
| 2 |
JP Morgan Chase
New York
|
+$13.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.87M |
| 4 |
SAM
Silvercrest Asset Management
New York
|
+$8.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$65.6M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$15.6M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$15.5M |
| 4 |
BlackRock
New York
|
-$12.5M |
| 5 |
Goldman Sachs
New York
|
-$11.2M |
LEG Hedge Fund Activity: Q1 2019 in Review
490 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q1 2019, worth a combined $4.3B — up 18% from $3.65B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new LEG positions and 37 closed out — a net gain of 42 holders — while 160 added to existing stakes and 165 trimmed.
The largest buyer was State Street, adding an estimated $44.5M. The largest seller was Bank of New York Mellon, cutting an estimated $65.6M.
- 490 institutional investors held Leggett & Platt (LEG) as of Q1 2019, up from 453 in Q4 2018.
- Funds reported $4.3B of Leggett & Platt stock for Q1 2019, up 18% quarter-over-quarter.
- 79 funds opened new Leggett & Platt positions in Q1 2019 and 37 closed out, a net change of +42 holders.
- The largest Leggett & Platt buyer in Q1 2019 was State Street, an estimated $44.5M added.
- The largest Leggett & Platt seller in Q1 2019 was Bank of New York Mellon, an estimated $65.6M sold.
Based on aggregated 13F filings for Q1 2019.