Legacy Housing
LEGH
50 hedge funds and large institutions have $68.8M invested in Legacy Housing in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 4 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
31% more capital invested
Capital invested by funds: $52.6M → $68.8M (+$16.2M)
4% more funds holding
Funds holding: 48 → 50 (+2)
0.11% more ownership
Funds ownership: 17.08% → 17.19% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$3.98M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$804K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$698K |
| 4 |
RCG
Rock Creek Group
Washington,
District of Columbia
|
+$539K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
-$5.26M |
| 2 |
RR
Robotti Robert
|
-$735K |
| 3 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$490K |
| 4 |
SIM
Spark Investment Management
New York
|
-$394K |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$292K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RR
51
Robotti Robert
| – | -$735K | -59,000 | Closed |
|
|
SIM
52
Spark Investment Management
New York
| – | -$394K | -31,700 | Closed |
|
53
Goldman Sachs
New York
| – | -$209K | -16,814 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | +$16.6K | +1,214 | +358% |
|
LEGH Hedge Fund Activity: Q3 2019 in Review
50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q3 2019, worth a combined $68.8M — up 31% from $52.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LEGH positions and 4 closed out — a net gain of 2 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Royce & Associates, opening a new position worth an estimated $3.98M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $5.26M sold.
- 50 institutional investors held Legacy Housing (LEGH) as of Q3 2019, up from 48 in Q2 2019.
- Funds reported $68.8M of Legacy Housing stock for Q3 2019, up 31% quarter-over-quarter.
- 6 funds opened new Legacy Housing positions in Q3 2019 and 4 closed out, a net change of +2 holders.
- The largest Legacy Housing buyer in Q3 2019 was Royce & Associates, an estimated $3.98M added.
- The largest Legacy Housing seller in Q3 2019 was J. Goldman & Co, an estimated $5.26M sold.
Based on aggregated 13F filings for Q3 2019.