Legacy Housing
LEGH
76 hedge funds and large institutions have $141M invested in Legacy Housing in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 30 increasing their positions, 27 reducing their positions, and 4 closing their positions.
789% more call options, than puts
Call options by funds: $169K | Put options by funds: $19K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 27
2.73% more ownership
Funds ownership: 27.15% → 29.88% (+2.7%)
3% less funds holding
Funds holding: 78 → 76 (-2)
8% less capital invested
Capital invested by funds: $153M → $141M (-$12M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$10M |
| 2 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$2.53M |
| 3 |
AC
AWH Capital
Dallas,
Texas
|
+$2.06M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.88M |
| 5 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$1.9M |
| 2 |
Cerity Partners
New York
|
-$1.75M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.43M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$581K |
| 5 |
DA
Denali Advisors
San Diego,
California
|
-$341K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
76
AWM Investment Company
New York
| – | -$1.9M | -81,846 | Closed |
|
|
77
Cerity Partners
New York
| – | -$1.75M | -75,535 | Closed |
|
|
GCP
78
GSA Capital Partners
London,
United Kingdom
| – | -$581K | -25,060 | Closed |
|
79
Osaic Holdings
Scottsdale,
Arizona
| – | -$186 | -8 | Closed |
|
|
C
80
Covestor
London,
United Kingdom
| – | -$66 | -3 | -19% |
|
LEGH Hedge Fund Activity: Q3 2023 in Review
76 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q3 2023, worth a combined $141M — down 7.8% from $153M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of LEGH and 3 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 30 added.
The largest buyer was Mill Road Capital Management, adding an estimated $10M. The largest seller was AWM Investment Company, exiting entirely with an estimated $1.9M sold.
- 76 institutional investors held Legacy Housing (LEGH) as of Q3 2023, down from 78 in Q2 2023.
- Funds reported $141M of Legacy Housing stock for Q3 2023, down 7.8% quarter-over-quarter.
- 3 funds opened new Legacy Housing positions in Q3 2023 and 4 closed out, a net change of -1 holder.
- The largest Legacy Housing buyer in Q3 2023 was Mill Road Capital Management, an estimated $10M added.
- The largest Legacy Housing seller in Q3 2023 was AWM Investment Company, an estimated $1.9M sold.
Based on aggregated 13F filings for Q3 2023.