Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
52 hedge funds and large institutions have $31.4M invested in Legacy Reserves Inc. Common Stock in 2016 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 11 closing their positions.
77% more capital invested
Capital invested by funds: $17.8M → $31.4M (+$13.6M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
5% less funds holding
Funds holding: 55 → 52 (-3)
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
77% less call options, than puts
Call options by funds: $65K | Put options by funds: $283K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.21M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
+$878K |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$856K |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$73.9K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$44K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$517K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$471K |
| 3 |
Morgan Stanley
New York
|
-$409K |
| 4 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$160K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$134K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
COPPSERS
51
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
| – | -$160K | -118,376 | Closed |
|
52
JP Morgan Chase
New York
| – | -$83K | -61,431 | Closed |
|
|
CWM
53
Concert Wealth Management
San Jose,
California
| – | -$77K | -57,219 | Closed |
|
54
Barclays
London,
United Kingdom
| – | -$77K | -56,762 | Closed |
|
|
IH
55
IFC Holdings
Tampa,
Florida
| – | -$17K | -12,891 | Closed |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1K | -1,075 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -600 | Closed |
|
|
FIB
58
First Interstate Bank
Billings,
Montana
| – | -$1K | -400 | Closed |
|
|
CG
59
Cutler Group
San Francisco,
California
| – | -$577 | -320 | Closed |
|
|
JCM
60
Jacobi Capital Management
Pittston,
Pennsylvania
| – | +$360 | +200 | New |
|
LGCY Hedge Fund Activity: Q4 2016 in Review
52 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q4 2016, worth a combined $31.4M — up 77% from $17.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of LGCY and 10 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 9 added.
The largest buyer was Credit Suisse, adding an estimated $3.21M. The largest seller was Arrow Investment Advisors, exiting entirely with an estimated $517K sold.
- 52 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q4 2016, down from 55 in Q3 2016.
- Funds reported $31.4M of Legacy Reserves Inc. Common Stock stock for Q4 2016, up 77% quarter-over-quarter.
- 10 funds opened new Legacy Reserves Inc. Common Stock positions in Q4 2016 and 11 closed out, a net change of -1 holder.
- The largest Legacy Reserves Inc. Common Stock buyer in Q4 2016 was Credit Suisse, an estimated $3.21M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q4 2016 was Arrow Investment Advisors, an estimated $517K sold.
Based on aggregated 13F filings for Q4 2016.