Legacy Housing
LEGH
47 hedge funds and large institutions have $48.1M invested in Legacy Housing in 2019 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 4 closing their positions.
525% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 4
81% more funds holding
Funds holding: 26 → 47 (+21)
13% more capital invested
Capital invested by funds: $42.4M → $48.1M (+$5.72M)
2.02% more ownership
Funds ownership: 14.8% → 16.82% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.85M |
| 2 |
BlackRock
New York
|
+$2.71M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$1.55M |
| 4 |
AAM
ACK Asset Management
Greenwich,
Connecticut
|
+$1.13M |
| 5 |
EI
EAM Investors
Solana Beach,
California
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$1.85M |
| 2 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.44M |
| 3 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$1.07M |
| 4 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$988K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$319K |
LEGH Hedge Fund Activity: Q1 2019 in Review
47 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q1 2019, worth a combined $48.1M — up 13% from $42.4M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LEGH positions and 4 closed out — a net gain of 21 holders — while 8 added to existing stakes and 8 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $2.85M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $1.85M sold.
- 47 institutional investors held Legacy Housing (LEGH) as of Q1 2019, up from 26 in Q4 2018.
- Funds reported $48.1M of Legacy Housing stock for Q1 2019, up 13% quarter-over-quarter.
- 25 funds opened new Legacy Housing positions in Q1 2019 and 4 closed out, a net change of +21 holders.
- The largest Legacy Housing buyer in Q1 2019 was Vanguard Group, an estimated $2.85M added.
- The largest Legacy Housing seller in Q1 2019 was Philadelphia Financial Management of San Francisco, an estimated $1.85M sold.
Based on aggregated 13F filings for Q1 2019.