Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
59 hedge funds and large institutions have $80.4M invested in Legacy Reserves Inc. Common Stock in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 5 reducing their positions, and 10 closing their positions.
360% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 5
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
11% more funds holding
Funds holding: 53 → 59 (+6)
29% less capital invested
Capital invested by funds: $113M → $80.4M (-$32.3M)
77% less call options, than puts
Call options by funds: $383K | Put options by funds: $1.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$3.91M |
| 2 |
Morgan Stanley
New York
|
+$1.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.04M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$1.03M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$882K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$9.83M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$609K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$400K |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$347K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$129K |
LGCY Hedge Fund Activity: Q3 2018 in Review
59 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q3 2018, worth a combined $80.4M — down 29% from $113M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LGCY positions and 10 closed out — a net gain of 8 holders — while 23 added to existing stakes and 5 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $3.91M. The largest seller was Fir Tree Capital Management, cutting an estimated $9.83M.
- 59 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q3 2018, up from 53 in Q2 2018.
- Funds reported $80.4M of Legacy Reserves Inc. Common Stock stock for Q3 2018, down 29% quarter-over-quarter.
- 18 funds opened new Legacy Reserves Inc. Common Stock positions in Q3 2018 and 10 closed out, a net change of +8 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q3 2018 was Fidelity Investments, an estimated $3.91M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q3 2018 was Fir Tree Capital Management, an estimated $9.83M sold.
Based on aggregated 13F filings for Q3 2018.