Legacy Housing
LEGH
50 hedge funds and large institutions have $71.5M invested in Legacy Housing in 2019 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 23 increasing their positions, 14 reducing their positions, and 5 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 14
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
4% more capital invested
Capital invested by funds: $68.8M → $71.5M (+$2.67M)
0.19% more ownership
Funds ownership: 17.19% → 17.38% (+0.19%)
0% more funds holding
Funds holding: 50 → 50 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$1.7M |
| 2 |
RR
Robotti Robert
|
+$925K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$702K |
| 4 |
BlackRock
New York
|
+$570K |
| 5 |
Bank of New York Mellon
New York
|
+$415K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$2.57M |
| 2 |
AFG
American Financial Group
Cincinnati,
Ohio
|
-$1.66M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.22M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
-$1.16M |
| 5 |
Neuberger Berman Group
New York
|
-$551K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Marshall Wace
London,
United Kingdom
| – | -$326K | -20,122 | Closed |
|
52
HSBC Holdings
London,
United Kingdom
| – | -$168K | -10,370 | Closed |
|
|
MWNA
53
Marshall Wace North America
New York
| – | -$5K | -329 | Closed |
|
|
MAM
54
Meeder Asset Management
Dublin,
Ohio
| – | +$110 | +7 | New |
|
LEGH Hedge Fund Activity: Q4 2019 in Review
50 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q4 2019, worth a combined $71.5M — up 3.9% from $68.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LEGH positions and 5 closed out — a net gain of 1 holder — while 23 added to existing stakes and 14 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $1.7M. The largest seller was Russell Investments Group, cutting an estimated $2.57M.
- 50 institutional investors held Legacy Housing (LEGH) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $71.5M of Legacy Housing stock for Q4 2019, up 3.9% quarter-over-quarter.
- 6 funds opened new Legacy Housing positions in Q4 2019 and 5 closed out, a net change of +1 holder.
- The largest Legacy Housing buyer in Q4 2019 was Truist Financial, an estimated $1.7M added.
- The largest Legacy Housing seller in Q4 2019 was Russell Investments Group, an estimated $2.57M sold.
Based on aggregated 13F filings for Q4 2019.