Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
65 hedge funds and large institutions have $70.5M invested in Legacy Reserves Inc. Common Stock in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
10% more funds holding
Funds holding: 59 → 65 (+6)
12% less capital invested
Capital invested by funds: $80.4M → $70.5M (-$9.89M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
80% less call options, than puts
Call options by funds: $26K | Put options by funds: $131K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.31M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.47M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.08M |
| 4 |
Renaissance Technologies
New York
|
+$1.08M |
| 5 |
Two Sigma Investments
New York
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTCM
Fir Tree Capital Management
New York
|
-$9.31M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$686K |
| 3 |
FM
Fondren Management
Houston,
Texas
|
-$437K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$322K |
| 5 |
ACI
AMP Capital Investors
Sydney,
Australia
|
-$225K |
LGCY Hedge Fund Activity: Q4 2018 in Review
65 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q4 2018, worth a combined $70.5M — down 12% from $80.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LGCY positions and 13 closed out — a net gain of 6 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Vanguard Group, opening a new position worth an estimated $9.31M. The largest seller was Fir Tree Capital Management, exiting entirely with an estimated $9.31M sold.
- 65 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q4 2018, up from 59 in Q3 2018.
- Funds reported $70.5M of Legacy Reserves Inc. Common Stock stock for Q4 2018, down 12% quarter-over-quarter.
- 19 funds opened new Legacy Reserves Inc. Common Stock positions in Q4 2018 and 13 closed out, a net change of +6 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q4 2018 was Vanguard Group, an estimated $9.31M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q4 2018 was Fir Tree Capital Management, an estimated $9.31M sold.
Based on aggregated 13F filings for Q4 2018.