Leggett & Platt
436 hedge funds and large institutions have $4.4B invested in Leggett & Platt in 2015 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 137 increasing their positions, 180 reducing their positions, and 45 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more call options, than puts
Call options by funds: $3.88M | Put options by funds: $3.37M
2% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 45
2% less funds holding
Funds holding: 446 → 436 (-10)
2.82% less ownership
Funds ownership: 72.42% → 69.6% (-2.8%)
24% less repeat investments, than reductions
Existing positions increased: 137 | Existing positions reduced: 180
36% less capital invested
Capital invested by funds: $6.87B → $4.4B (-$2.47B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$62.4M |
| 2 |
Bank of New York Mellon
New York
|
+$60.4M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$58.1M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$28.7M |
| 5 |
Goldman Sachs
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Cincinnati Insurance
Fairfield,
Ohio
|
-$49.6M |
| 2 |
State Street
Boston,
Massachusetts
|
-$47.4M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$39.1M |
| 4 |
Capital International Investors
Los Angeles,
California
|
-$32.1M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$31.1M |
LEG Hedge Fund Activity: Q1 2015 in Review
436 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q1 2015, worth a combined $4.4B — down 36% from $6.87B a quarter earlier.
Sellers outnumbered buyers: 45 funds closed out of LEG and 44 opened new positions — a net loss of 1 holder — while 180 trimmed existing stakes and 137 added.
The largest buyer was Vanguard Group, adding an estimated $62.4M. The largest seller was Cincinnati Insurance, cutting an estimated $49.6M.
- 436 institutional investors held Leggett & Platt (LEG) as of Q1 2015, down from 446 in Q4 2014.
- Funds reported $4.4B of Leggett & Platt stock for Q1 2015, down 36% quarter-over-quarter.
- 44 funds opened new Leggett & Platt positions in Q1 2015 and 45 closed out, a net change of -1 holder.
- The largest Leggett & Platt buyer in Q1 2015 was Vanguard Group, an estimated $62.4M added.
- The largest Leggett & Platt seller in Q1 2015 was Cincinnati Insurance, an estimated $49.6M sold.
Based on aggregated 13F filings for Q1 2015.