Legacy Housing
LEGH
48 hedge funds and large institutions have $52.6M invested in Legacy Housing in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 11 closing their positions.
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
9% more capital invested
Capital invested by funds: $48.1M → $52.6M (+$4.48M)
2% more funds holding
Funds holding: 47 → 48 (+1)
0.26% more ownership
Funds ownership: 16.82% → 17.08% (+0.26%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.7M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$4.78M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$4.68M |
| 4 |
Boston Partners
Boston,
Massachusetts
|
+$1.54M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$7.46M |
| 2 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
-$4.65M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$2.61M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$1.68M |
| 5 |
JGC
J. Goldman & Co
New York
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DCM
51
Driehaus Capital Management
Chicago,
Illinois
| – | -$2.61M | -219,405 | Closed |
|
|
EI
52
EAM Investors
Solana Beach,
California
| – | -$574K | -48,272 | Closed |
|
|
PCM
53
Pentwater Capital Management
Naples,
Florida
| – | -$530K | -44,526 | Closed |
|
|
MFIM
54
Mesirow Financial Investment Management
Chicago,
Illinois
| – | -$313K | -26,263 | Closed |
|
55
Two Sigma Investments
New York
| – | -$185K | -15,516 | Closed |
|
56
Citadel Advisors
Miami,
Florida
| – | -$155K | -13,060 | Closed |
|
57
Millennium Management
New York
| – | -$135K | -11,380 | Closed |
|
|
MWNA
58
Marshall Wace North America
New York
| – | -$46K | -3,837 | Closed |
|
|
RIA
59
Realta Investment Advisors
Wilmington,
Delaware
| – | -$34K | -2,800 | Closed |
|
LEGH Hedge Fund Activity: Q2 2019 in Review
48 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q2 2019, worth a combined $52.6M — up 9.3% from $48.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new LEGH positions and 11 closed out — a net gain of 2 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $5.7M. The largest seller was B. Riley Financial, exiting entirely with an estimated $7.46M sold.
- 48 institutional investors held Legacy Housing (LEGH) as of Q2 2019, up from 47 in Q1 2019.
- Funds reported $52.6M of Legacy Housing stock for Q2 2019, up 9.3% quarter-over-quarter.
- 13 funds opened new Legacy Housing positions in Q2 2019 and 11 closed out, a net change of +2 holders.
- The largest Legacy Housing buyer in Q2 2019 was Fidelity Investments, an estimated $5.7M added.
- The largest Legacy Housing seller in Q2 2019 was B. Riley Financial, an estimated $7.46M sold.
Based on aggregated 13F filings for Q2 2019.