Leggett & Platt
461 hedge funds and large institutions have $4.4B invested in Leggett & Platt in 2017 Q3 according to their latest regulatory filings, with 42 funds opening new positions, 174 increasing their positions, 154 reducing their positions, and 70 closing their positions.
96% more call options, than puts
Call options by funds: $7.63M | Put options by funds: $3.9M
13% more repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 154
0.25% less ownership
Funds ownership: 69.97% → 69.72% (-0.25%)
7% less funds holding
Funds holding: 495 → 461 (-34)
9% less capital invested
Capital invested by funds: $4.86B → $4.4B (-$458M)
40% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 70
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
+$82.5M |
| 2 |
Bank of New York Mellon
New York
|
+$54.1M |
| 3 |
SP
Sarasin & Partners
London,
United Kingdom
|
+$30.2M |
| 4 |
BCM
Becker Capital Management
Portland,
Oregon
|
+$21.3M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$43M |
| 2 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$22.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$20.9M |
| 4 |
T
Thomaspartners
Boston,
Massachusetts
|
-$20.8M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$20.4M |
LEG Hedge Fund Activity: Q3 2017 in Review
461 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Leggett & Platt (LEG) for Q3 2017, worth a combined $4.4B — down 9.4% from $4.86B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of LEG and 42 opened new positions — a net loss of 28 holders — while 154 trimmed existing stakes and 174 added.
The largest buyer was TimesSquare Capital Management, opening a new position worth an estimated $82.5M. The largest seller was Citadel Advisors, cutting an estimated $43M.
- 461 institutional investors held Leggett & Platt (LEG) as of Q3 2017, down from 495 in Q2 2017.
- Funds reported $4.4B of Leggett & Platt stock for Q3 2017, down 9.4% quarter-over-quarter.
- 42 funds opened new Leggett & Platt positions in Q3 2017 and 70 closed out, a net change of -28 holders.
- The largest Leggett & Platt buyer in Q3 2017 was TimesSquare Capital Management, an estimated $82.5M added.
- The largest Leggett & Platt seller in Q3 2017 was Citadel Advisors, an estimated $43M sold.
Based on aggregated 13F filings for Q3 2017.