Leggett & Platt
450 hedge funds and large institutions have $4.61B invested in Leggett & Platt in 2016 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 157 increasing their positions, 167 reducing their positions, and 37 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
25% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $2.82M
8% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 37
3% more capital invested
Capital invested by funds: $4.46B → $4.61B (+$155M)
0% less funds holding
Funds holding: 452 → 450 (-2)
6% less repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 167
2.59% less ownership
Funds ownership: 69.84% → 67.24% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$24.4M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$17.8M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.5M |
| 4 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$13.4M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal London Asset Management
United Kingdom
|
-$74.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$38.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$27.1M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
-$25.5M |
LEG Hedge Fund Activity: Q2 2016 in Review
450 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q2 2016, worth a combined $4.61B — up 3.5% from $4.46B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LEG positions and 37 closed out — a net gain of 3 holders — while 157 added to existing stakes and 167 trimmed.
The largest buyer was PGGM Investments, adding an estimated $24.4M. The largest seller was Royal London Asset Management, cutting an estimated $74.4M.
- 450 institutional investors held Leggett & Platt (LEG) as of Q2 2016, down from 452 in Q1 2016.
- Funds reported $4.61B of Leggett & Platt stock for Q2 2016, up 3.5% quarter-over-quarter.
- 40 funds opened new Leggett & Platt positions in Q2 2016 and 37 closed out, a net change of +3 holders.
- The largest Leggett & Platt buyer in Q2 2016 was PGGM Investments, an estimated $24.4M added.
- The largest Leggett & Platt seller in Q2 2016 was Royal London Asset Management, an estimated $74.4M sold.
Based on aggregated 13F filings for Q2 2016.