Leslie's
LESL
171 hedge funds and large institutions have $3.67B invested in Leslie's in 2021 Q1 according to their latest regulatory filings, with 77 funds opening new positions, 81 increasing their positions, 11 reducing their positions, and 17 closing their positions.
636% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 11
353% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 17
54% more funds holding
Funds holding: 111 → 171 (+60)
7% more capital invested
Capital invested by funds: $3.45B → $3.67B (+$226M)
0.68% more ownership
Funds ownership: 3.33% → 4.01% (+0.68%)
42% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $9.86M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$148M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$85.4M |
| 3 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$69.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$52.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$49.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$219M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$45.3M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$34.8M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$14.3M |
| 5 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BC
176
Brookfield Corp
Toronto,
Ontario, Canada
| – | -$4.18M | -7,531 | Closed |
|
|
ZP
177
Zimmer Partners
New York
| – | -$4.16M | -7,500 | Closed |
|
|
DKCM
178
Davidson Kempner Capital Management
New York
| – | -$2.86M | -5,150 | Closed |
|
|
MWNA
179
Marshall Wace North America
New York
| – | -$1.96M | -3,527 | Closed |
|
|
MS
180
Maven Securities
St Helier,
Jersey
| – | -$1.39M | -2,500 | Closed |
|
|
CCM
181
Cinctive Capital Management
New York
| – | -$656K | -1,182 | Closed |
|
182
Two Sigma Advisers
New York
| – | -$533K | -960 | Closed |
|
|
EA
183
Emerald Advisers
Leola,
Pennsylvania
| – | -$73K | -132 | Closed |
|
|
ASN
184
Advisory Services Network
Atlanta,
Georgia
| – | -$28K | -50 | Closed |
|
|
IA
185
IFP Advisors
Tampa,
Florida
| – | -$4.6K | -9 | Closed |
|
186
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$3K | -5 | Closed |
|
|
VCG
187
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$2K | -3 | Closed |
|
188
Fidelity Investments
Boston,
Massachusetts
| – | +$511 | +1 | New |
|
LESL Hedge Fund Activity: Q1 2021 in Review
171 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q1 2021, worth a combined $3.67B — up 6.6% from $3.45B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new LESL positions and 17 closed out — a net gain of 60 holders — while 81 added to existing stakes and 11 trimmed.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $148M. The largest seller was Catterton Management Company, cutting an estimated $219M.
- 171 institutional investors held Leslie's (LESL) as of Q1 2021, up from 111 in Q4 2020.
- Funds reported $3.67B of Leslie's stock for Q1 2021, up 6.6% quarter-over-quarter.
- 77 funds opened new Leslie's positions in Q1 2021 and 17 closed out, a net change of +60 holders.
- The largest Leslie's buyer in Q1 2021 was William Blair Investment Management, an estimated $148M added.
- The largest Leslie's seller in Q1 2021 was Catterton Management Company, an estimated $219M sold.
Based on aggregated 13F filings for Q1 2021.