Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
101 hedge funds and large institutions have $334M invested in Legacy Reserves Inc. Common Stock in 2014 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 28 reducing their positions, and 20 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 28
6% less funds holding
Funds holding: 108 → 101 (-7)
7% less capital invested
Capital invested by funds: $361M → $334M (-$27M)
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
36% less call options, than puts
Call options by funds: $1.93M | Put options by funds: $3.01M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$27.5M |
| 2 |
CC
Cannell & Co
New York
|
+$6.63M |
| 3 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$2.55M |
| 4 |
PM
Penbrook Management
New York
|
+$1.65M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
-$10.7M |
| 2 |
Goldman Sachs
New York
|
-$10M |
| 3 |
KFC
Klingenstein Fields & Co
New York
|
-$5.11M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$3.81M |
| 5 |
IAM
ICM Asset Management
Spokane,
Washington
|
-$1.9M |
LGCY Hedge Fund Activity: Q1 2014 in Review
101 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q1 2014, worth a combined $334M — down 7.5% from $361M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of LGCY and 13 opened new positions — a net loss of 7 holders — while 28 trimmed existing stakes and 38 added.
The largest buyer was Magnetar Financial, adding an estimated $27.5M. The largest seller was RR Advisors, exiting entirely with an estimated $10.7M sold.
- 101 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q1 2014, down from 108 in Q4 2013.
- Funds reported $334M of Legacy Reserves Inc. Common Stock stock for Q1 2014, down 7.5% quarter-over-quarter.
- 13 funds opened new Legacy Reserves Inc. Common Stock positions in Q1 2014 and 20 closed out, a net change of -7 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q1 2014 was Magnetar Financial, an estimated $27.5M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q1 2014 was RR Advisors, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2014.