Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
87 hedge funds and large institutions have $186M invested in Legacy Reserves Inc. Common Stock in 2015 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 33 reducing their positions, and 19 closing their positions.
7% less funds holding
Funds holding: 94 → 87 (-7)
20% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $1.76M
23% less capital invested
Capital invested by funds: $242M → $186M (-$56.9M)
30% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 33
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.6M |
| 2 |
Goldman Sachs
New York
|
+$1.19M |
| 3 |
OC
Oppenheimer & Co
New York
|
+$1.17M |
| 4 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$886K |
| 5 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$556K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
RR Advisors
Dallas,
Texas
|
-$10.7M |
| 2 |
IMS
Index Management Solutions
Philadelphia,
Pennsylvania
|
-$7.31M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$6.87M |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$6.48M |
| 5 |
Renaissance Technologies
New York
|
-$3.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Invesco
Atlanta,
Georgia
| – | -$14K | -1,253 | Closed |
|
|
PCM
102
Prelude Capital Management
New York
| – | -$14K | -1,200 | Closed |
|
|
WA
103
Waverly Advisors
Birmingham,
Alabama
| – | -$11K | -1,000 | Closed |
|
|
WRM
104
Westport Resources Management
Westport,
Connecticut
| – | -$9K | -775 | Closed |
|
|
VIA
105
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$5K | -400 | Closed |
|
LGCY Hedge Fund Activity: Q1 2015 in Review
87 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q1 2015, worth a combined $186M — down 23% from $242M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LGCY and 12 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 23 added.
The largest buyer was Fidelity Investments, adding an estimated $18.6M. The largest seller was RR Advisors, exiting entirely with an estimated $10.7M sold.
- 87 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q1 2015, down from 94 in Q4 2014.
- Funds reported $186M of Legacy Reserves Inc. Common Stock stock for Q1 2015, down 23% quarter-over-quarter.
- 12 funds opened new Legacy Reserves Inc. Common Stock positions in Q1 2015 and 19 closed out, a net change of -7 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q1 2015 was Fidelity Investments, an estimated $18.6M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q1 2015 was RR Advisors, an estimated $10.7M sold.
Based on aggregated 13F filings for Q1 2015.