Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
44 hedge funds and large institutions have $25.6M invested in Legacy Reserves Inc. Common Stock in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 13 reducing their positions, and 14 closing their positions.
16% more capital invested
Capital invested by funds: $22.2M → $25.6M (+$3.45M)
8% less funds holding
Funds holding: 48 → 44 (-4)
29% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 14
54% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
+$5.67M |
| 2 |
VF
Virtu Financial
New York
|
+$102K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$47.6K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$15K |
| 5 |
Morgan Stanley
New York
|
+$10.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
-$1.29M |
| 2 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$1.19M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$778K |
| 4 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
-$430K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$50K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AF
51
Advisornet Financial
Minnetonka,
Minnesota
| – | +$447 | +300 | New |
|
52
Simplex Trading
Chicago,
Illinois
| – | +$602 | +404 | New |
|
LGCY Hedge Fund Activity: Q4 2017 in Review
44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q4 2017, worth a combined $25.6M — up 16% from $22.2M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LGCY and 10 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 6 added.
The largest buyer was Fir Tree Capital Management, opening a new position worth an estimated $5.67M. The largest seller was RR Advisors, exiting entirely with an estimated $1.29M sold.
- 44 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q4 2017, down from 48 in Q3 2017.
- Funds reported $25.6M of Legacy Reserves Inc. Common Stock stock for Q4 2017, up 16% quarter-over-quarter.
- 10 funds opened new Legacy Reserves Inc. Common Stock positions in Q4 2017 and 14 closed out, a net change of -4 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q4 2017 was Fir Tree Capital Management, an estimated $5.67M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q4 2017 was RR Advisors, an estimated $1.29M sold.
Based on aggregated 13F filings for Q4 2017.