Legacy Housing
LEGH
53 hedge funds and large institutions have $59.9M invested in Legacy Housing in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 50 → 53 (+3)
1.63% more ownership
Funds ownership: 16.56% → 18.19% (+1.6%)
3% more capital invested
Capital invested by funds: $58.3M → $59.9M (+$1.65M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$1.43M |
| 2 |
VC
Voss Capital
Houston,
Texas
|
+$1.23M |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$646K |
| 4 |
BlackRock
New York
|
+$565K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.2M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$169K |
| 3 |
RhumbLine Advisers
Boston,
Massachusetts
|
-$154K |
| 4 |
PCM
Perritt Capital Management
Chicago,
Illinois
|
-$135K |
| 5 |
RR
Robotti Robert
|
-$90.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIP
51
Ameritas Investment Partners
Lincoln,
Nebraska
| $5K | – | – | – |
|
52
Lazard Asset Management
New York
| $2K | +$2.9K | +204 | New |
|
53
Millennium Management
New York
| $251 | +$261K | +18,335 | New |
|
|
54
First Trust Advisors
Wheaton,
Illinois
| – | -$169K | -11,917 | Closed |
|
|
55
RhumbLine Advisers
Boston,
Massachusetts
| – | -$154K | -10,847 | Closed |
|
56
Bessemer Group
Woodbridge,
New Jersey
| – | -$65K | -4,600 | Closed |
|
|
VFA
57
Valeo Financial Advisors
Carmel,
Indiana
| – | -$10K | -700 | Closed |
|
LEGH Hedge Fund Activity: Q3 2020 in Review
53 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q3 2020, worth a combined $59.9M — up 2.8% from $58.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new LEGH positions and 4 closed out — a net gain of 3 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Royce & Associates, adding an estimated $1.43M. The largest seller was Fidelity Investments, cutting an estimated $1.2M.
- 53 institutional investors held Legacy Housing (LEGH) as of Q3 2020, up from 50 in Q2 2020.
- Funds reported $59.9M of Legacy Housing stock for Q3 2020, up 2.8% quarter-over-quarter.
- 7 funds opened new Legacy Housing positions in Q3 2020 and 4 closed out, a net change of +3 holders.
- The largest Legacy Housing buyer in Q3 2020 was Royce & Associates, an estimated $1.43M added.
- The largest Legacy Housing seller in Q3 2020 was Fidelity Investments, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2020.