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Legacy Housing

50 hedge funds and large institutions have $68.8M invested in Legacy Housing in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 11

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

31% more capital invested

Capital invested by funds: $52.6M → $68.8M (+$16.2M)

4% more funds holding

Funds holding: 4850 (+2)

0.11% more ownership

Funds ownership: 17.08%17.19% (+0.11%)

Holders
50
Holders Change
+2
Holders Change %
+4.17%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
27
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Russell Investments Group
1
Russell Investments Group
United Kingdom
$9.4M +$81.9K +5,971 +1%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$7.61M
GKIM
3
GW&K Investment Management
Massachusetts
$6.06M -$265K -19,367 -5%
AFG
4
American Financial Group
Ohio
$4.77M -$490K -35,728 -11%
RA
5
Royce & Associates
New York
$4.7M +$3.98M +290,000 New
BlackRock
6
BlackRock
New York
$4.65M +$279K +20,350 +8%
Ameriprise
7
Ameriprise
Minnesota
$4.24M +$698K +50,900 +24%
Vanguard Group
8
Vanguard Group
Pennsylvania
$3.92M +$60.4K +4,404 +2%
Boston Partners
9
Boston Partners
Massachusetts
$2.95M -$292K -21,298 -10%
BA
10
Bard Associates
Illinois
$2.79M -$60.5K -4,410 -2%
PCM
11
Perritt Capital Management
Illinois
$2.46M
RCG
12
Rock Creek Group
District of Columbia
$1.62M +$539K +39,323 +65%
SCM
13
Sterling Capital Management
North Carolina
$1.57M +$91.6K +6,685 +7%
State Street
14
State Street
Massachusetts
$1.38M +$385K +28,064 +49%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$1.37M +$457K +33,301 +65%
MPAM
16
Monarch Partners Asset Management
Massachusetts
$1.12M +$220K +16,040 +30%
Northern Trust
17
Northern Trust
Illinois
$980K +$169K +12,349 +26%
EI
18
EAM Investors
California
$950K +$804K +58,665 New
TA
19
Teton Advisors
New York
$854K +$43.9K +3,200 +6%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$772K +$2.55K +186 +0.4%
Neuberger Berman Group
21
Neuberger Berman Group
New York
$551K -$192K -14,000 -29%
Charles Schwab
22
Charles Schwab
California
$536K +$125K +9,117 +38%
GC
23
Gratia Capital
California
$407K -$26K -1,899 -7%
N
24
Nuveen
North Carolina
$383K +$164K +11,965 +103%
RAM
25
Redmond Asset Management
Virginia
$368K +$312K +22,724 New

LEGH Hedge Fund Activity: Q3 2019 in Review

50 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Legacy Housing (LEGH) for Q3 2019, worth a combined $68.8M — up 31% from $52.6M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new LEGH positions and 4 closed out — a net gain of 2 holders — while 27 added to existing stakes and 11 trimmed.

The largest buyer was Royce & Associates, opening a new position worth an estimated $3.98M. The largest seller was J. Goldman & Co, exiting entirely with an estimated $5.26M sold.

  • 50 institutional investors held Legacy Housing (LEGH) as of Q3 2019, up from 48 in Q2 2019.
  • Funds reported $68.8M of Legacy Housing stock for Q3 2019, up 31% quarter-over-quarter.
  • 6 funds opened new Legacy Housing positions in Q3 2019 and 4 closed out, a net change of +2 holders.
  • The largest Legacy Housing buyer in Q3 2019 was Royce & Associates, an estimated $3.98M added.
  • The largest Legacy Housing seller in Q3 2019 was J. Goldman & Co, an estimated $5.26M sold.

Based on aggregated 13F filings for Q3 2019.