Leslie's
LESL
230 hedge funds and large institutions have $2.96B invested in Leslie's in 2022 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 101 increasing their positions, 75 reducing their positions, and 35 closing their positions.
208% more call options, than puts
Call options by funds: $9.63M | Put options by funds: $3.13M
35% more repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 75
0.09% more ownership
Funds ownership: 5.23% → 5.32% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 245 → 230 (-15)
20% less capital invested
Capital invested by funds: $3.7B → $2.96B (-$743M)
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$72.3M |
| 2 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$47.1M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$28.5M |
| 4 |
Morgan Stanley
New York
|
+$18.8M |
| 5 |
SCM
Spyglass Capital Management
San Francisco,
California
|
+$18.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
-$58.1M |
| 2 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$48.4M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$46.7M |
| 4 |
RS
Robeco Schweiz
Zurich,
Switzerland
|
-$22.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
-$22.2M |
LESL Hedge Fund Activity: Q2 2022 in Review
230 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q2 2022, worth a combined $2.96B — down 20% from $3.7B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of LESL and 26 opened new positions — a net loss of 9 holders — while 75 trimmed existing stakes and 101 added.
The largest buyer was Champlain Investment Partners, adding an estimated $72.3M. The largest seller was Third Point, exiting entirely with an estimated $58.1M sold.
- 230 institutional investors held Leslie's (LESL) as of Q2 2022, down from 245 in Q1 2022.
- Funds reported $2.96B of Leslie's stock for Q2 2022, down 20% quarter-over-quarter.
- 26 funds opened new Leslie's positions in Q2 2022 and 35 closed out, a net change of -9 holders.
- The largest Leslie's buyer in Q2 2022 was Champlain Investment Partners, an estimated $72.3M added.
- The largest Leslie's seller in Q2 2022 was Third Point, an estimated $58.1M sold.
Based on aggregated 13F filings for Q2 2022.