Legacy Housing
LEGH
50 hedge funds and large institutions have $58.3M invested in Legacy Housing in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 4 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
58% more capital invested
Capital invested by funds: $36.9M → $58.3M (+$21.4M)
6% more funds holding
Funds holding: 47 → 50 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.16% less ownership
Funds ownership: 16.72% → 16.56% (-0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$797K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$324K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$231K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$210K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Russell Investments Group
London,
United Kingdom
|
-$1.41M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$551K |
| 3 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$465K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$196K |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Russell Investments Group
London,
United Kingdom
| – | -$1.41M | -152,061 | Closed |
|
|
MAM
52
Martingale Asset Management
Boston,
Massachusetts
| – | -$196K | -21,100 | Closed |
|
|
53
Victory Capital Management
San Antonio,
Texas
| – | -$126K | -13,566 | Closed |
|
54
Citadel Advisors
Miami,
Florida
| – | -$100K | -10,816 | Closed |
|
LEGH Hedge Fund Activity: Q2 2020 in Review
50 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q2 2020, worth a combined $58.3M — up 58% from $36.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LEGH positions and 4 closed out — a net gain of 3 holders — while 26 added to existing stakes and 11 trimmed.
The largest buyer was Yacktman Asset Management, opening a new position worth an estimated $797K. The largest seller was Russell Investments Group, exiting entirely with an estimated $1.41M sold.
- 50 institutional investors held Legacy Housing (LEGH) as of Q2 2020, up from 47 in Q1 2020.
- Funds reported $58.3M of Legacy Housing stock for Q2 2020, up 58% quarter-over-quarter.
- 7 funds opened new Legacy Housing positions in Q2 2020 and 4 closed out, a net change of +3 holders.
- The largest Legacy Housing buyer in Q2 2020 was Yacktman Asset Management, an estimated $797K added.
- The largest Legacy Housing seller in Q2 2020 was Russell Investments Group, an estimated $1.41M sold.
Based on aggregated 13F filings for Q2 2020.