Leslie's
LESL
224 hedge funds and large institutions have $1.18B invested in Leslie's in 2023 Q3 according to their latest regulatory filings, with 52 funds opening new positions, 106 increasing their positions, 50 reducing their positions, and 59 closing their positions.
207% more call options, than puts
Call options by funds: $3.69M | Put options by funds: $1.2M
112% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 50
0.12% less ownership
Funds ownership: 5.79% → 5.68% (-0.12%)
4% less funds holding
Funds holding: 233 → 224 (-9)
12% less first-time investments, than exits
New positions opened: 52 | Existing positions closed: 59
41% less capital invested
Capital invested by funds: $2B → $1.18B (-$820M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Ariel Investments
Chicago,
Illinois
|
+$55M |
| 2 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$41.5M |
| 3 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$39.8M |
| 4 |
BlackRock
New York
|
+$20.3M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$20.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$44.3M |
| 2 |
SCM
Spyglass Capital Management
San Francisco,
California
|
-$40.7M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$39.4M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
-$32.5M |
| 5 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$23M |
LESL Hedge Fund Activity: Q3 2023 in Review
224 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Leslie's (LESL) for Q3 2023, worth a combined $1.18B — down 41% from $2B a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of LESL and 52 opened new positions — a net loss of 7 holders — while 50 trimmed existing stakes and 106 added.
The largest buyer was Ariel Investments, adding an estimated $55M. The largest seller was JP Morgan Chase, cutting an estimated $44.3M.
- 224 institutional investors held Leslie's (LESL) as of Q3 2023, down from 233 in Q2 2023.
- Funds reported $1.18B of Leslie's stock for Q3 2023, down 41% quarter-over-quarter.
- 52 funds opened new Leslie's positions in Q3 2023 and 59 closed out, a net change of -7 holders.
- The largest Leslie's buyer in Q3 2023 was Ariel Investments, an estimated $55M added.
- The largest Leslie's seller in Q3 2023 was JP Morgan Chase, an estimated $44.3M sold.
Based on aggregated 13F filings for Q3 2023.