Leslie's
LESL
243 hedge funds and large institutions have $2.24B invested in Leslie's in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 116 increasing their positions, 67 reducing their positions, and 49 closing their positions.
298% more call options, than puts
Call options by funds: $7.39M | Put options by funds: $1.86M
73% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 67
0.07% less ownership
Funds ownership: 5.61% → 5.54% (-0.07%)
8% less funds holding
Funds holding: 265 → 243 (-22)
11% less capital invested
Capital invested by funds: $2.51B → $2.24B (-$274M)
37% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 49
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$130M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.5M |
| 3 |
JP Morgan Chase
New York
|
+$30.6M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$22.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$16.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CMC
Catterton Management Company
Greenwich,
Connecticut
|
-$107M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$77.9M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$36.1M |
| 4 |
SCA
Southpoint Capital Advisors
New York
|
-$20.1M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$19M |
LESL Hedge Fund Activity: Q1 2023 in Review
243 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q1 2023, worth a combined $2.24B — down 11% from $2.51B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of LESL and 31 opened new positions — a net loss of 18 holders — while 67 trimmed existing stakes and 116 added.
The largest buyer was Ariel Investments, adding an estimated $130M. The largest seller was Catterton Management Company, exiting entirely with an estimated $107M sold.
- 243 institutional investors held Leslie's (LESL) as of Q1 2023, down from 265 in Q4 2022.
- Funds reported $2.24B of Leslie's stock for Q1 2023, down 11% quarter-over-quarter.
- 31 funds opened new Leslie's positions in Q1 2023 and 49 closed out, a net change of -18 holders.
- The largest Leslie's buyer in Q1 2023 was Ariel Investments, an estimated $130M added.
- The largest Leslie's seller in Q1 2023 was Catterton Management Company, an estimated $107M sold.
Based on aggregated 13F filings for Q1 2023.