Leslie's
LESL
220 hedge funds and large institutions have $3.83B invested in Leslie's in 2021 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 117 increasing their positions, 44 reducing their positions, and 43 closing their positions.
166% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 44
12% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $18.4M
0.39% more ownership
Funds ownership: 4.52% → 4.91% (+0.39%)
5% less first-time investments, than exits
New positions opened: 41 | Existing positions closed: 43
3% less funds holding
Funds holding: 226 → 220 (-6)
19% less capital invested
Capital invested by funds: $4.7B → $3.83B (-$872M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$95.9M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$72.7M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$63.2M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$56.5M |
| 5 |
William Blair Investment Management
Chicago,
Illinois
|
+$44.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$262M |
| 2 |
BCPEMI
Bain Capital Public Equity Management II
Boston,
Massachusetts
|
-$59.2M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$27.1M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$21.4M |
| 5 |
Morgan Stanley
New York
|
-$15.6M |
LESL Hedge Fund Activity: Q3 2021 in Review
220 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q3 2021, worth a combined $3.83B — down 19% from $4.7B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of LESL and 41 opened new positions — a net loss of 2 holders — while 44 trimmed existing stakes and 117 added.
The largest buyer was Vanguard Group, adding an estimated $95.9M. The largest seller was Catterton Management Company, cutting an estimated $262M.
- 220 institutional investors held Leslie's (LESL) as of Q3 2021, down from 226 in Q2 2021.
- Funds reported $3.83B of Leslie's stock for Q3 2021, down 19% quarter-over-quarter.
- 41 funds opened new Leslie's positions in Q3 2021 and 43 closed out, a net change of -2 holders.
- The largest Leslie's buyer in Q3 2021 was Vanguard Group, an estimated $95.9M added.
- The largest Leslie's seller in Q3 2021 was Catterton Management Company, an estimated $262M sold.
Based on aggregated 13F filings for Q3 2021.