Leslie's
LESL
265 hedge funds and large institutions have $2.51B invested in Leslie's in 2022 Q4 according to their latest regulatory filings, with 68 funds opening new positions, 94 increasing their positions, 86 reducing their positions, and 31 closing their positions.
255% more call options, than puts
Call options by funds: $8.16M | Put options by funds: $2.3M
119% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 31
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more funds holding
Funds holding: 232 → 265 (+33)
9% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 86
0.1% less ownership
Funds ownership: 5.71% → 5.61% (-0.1%)
18% less capital invested
Capital invested by funds: $3.08B → $2.51B (-$561M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$89.9M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$30.3M |
| 3 |
AI
Ariel Investments
Chicago,
Illinois
|
+$25.1M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
+$22.9M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$22.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$130M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$27.6M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$26.7M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$25M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$23.3M |
LESL Hedge Fund Activity: Q4 2022 in Review
265 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q4 2022, worth a combined $2.51B — down 18% from $3.08B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new LESL positions and 31 closed out — a net gain of 37 holders — while 94 added to existing stakes and 86 trimmed.
The largest buyer was Clarkston Capital Partners, opening a new position worth an estimated $89.9M. The largest seller was Catterton Management Company, cutting an estimated $130M.
- 265 institutional investors held Leslie's (LESL) as of Q4 2022, up from 232 in Q3 2022.
- Funds reported $2.51B of Leslie's stock for Q4 2022, down 18% quarter-over-quarter.
- 68 funds opened new Leslie's positions in Q4 2022 and 31 closed out, a net change of +37 holders.
- The largest Leslie's buyer in Q4 2022 was Clarkston Capital Partners, an estimated $89.9M added.
- The largest Leslie's seller in Q4 2022 was Catterton Management Company, an estimated $130M sold.
Based on aggregated 13F filings for Q4 2022.