Leslie's
LESL
245 hedge funds and large institutions have $3.7B invested in Leslie's in 2022 Q1 according to their latest regulatory filings, with 59 funds opening new positions, 106 increasing their positions, 61 reducing their positions, and 41 closing their positions.
138% more call options, than puts
Call options by funds: $9.4M | Put options by funds: $3.96M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
74% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 61
44% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 41
8% more funds holding
Funds holding: 227 → 245 (+18)
0.44% more ownership
Funds ownership: 4.79% → 5.23% (+0.44%)
14% less capital invested
Capital invested by funds: $4.31B → $3.7B (-$608M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Spyglass Capital Management
San Francisco,
California
|
+$88.8M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$75.1M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$21.6M |
| 4 |
FWCM
Ferguson Wellman Capital Management
Portland,
Oregon
|
+$20.4M |
| 5 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$18.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$61.3M |
| 2 |
TCG
Tremblant Capital Group
West Palm Beach,
Florida
|
-$41.7M |
| 3 |
Millennium Management
New York
|
-$31.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$29.8M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$23.7M |
LESL Hedge Fund Activity: Q1 2022 in Review
245 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q1 2022, worth a combined $3.7B — down 14% from $4.31B a quarter earlier.
Buyers outnumbered sellers: 59 funds opened new LESL positions and 41 closed out — a net gain of 18 holders — while 106 added to existing stakes and 61 trimmed.
The largest buyer was Spyglass Capital Management, opening a new position worth an estimated $88.8M. The largest seller was Third Point, cutting an estimated $61.3M.
- 245 institutional investors held Leslie's (LESL) as of Q1 2022, up from 227 in Q4 2021.
- Funds reported $3.7B of Leslie's stock for Q1 2022, down 14% quarter-over-quarter.
- 59 funds opened new Leslie's positions in Q1 2022 and 41 closed out, a net change of +18 holders.
- The largest Leslie's buyer in Q1 2022 was Spyglass Capital Management, an estimated $88.8M added.
- The largest Leslie's seller in Q1 2022 was Third Point, an estimated $61.3M sold.
Based on aggregated 13F filings for Q1 2022.