Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
94 hedge funds and large institutions have $242M invested in Legacy Reserves Inc. Common Stock in 2014 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 28 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
9% less funds holding
Funds holding: 103 → 94 (-9)
29% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 28
29% less call options, than puts
Call options by funds: $1.84M | Put options by funds: $2.6M
42% less capital invested
Capital invested by funds: $419M → $242M (-$177M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$70.8M |
| 2 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$18.3M |
| 3 |
RA
RR Advisors
Dallas,
Texas
|
+$17.9M |
| 4 |
Renaissance Technologies
New York
|
+$10.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$14.4M |
| 2 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$10.4M |
| 3 |
GJCM
Grand Jean Capital Management
San Francisco,
California
|
-$5.17M |
| 4 |
Bank of New York Mellon
New York
|
-$2.58M |
| 5 |
CC
Cannell & Co
New York
|
-$2.4M |
LGCY Hedge Fund Activity: Q4 2014 in Review
94 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q4 2014, worth a combined $242M — down 42% from $419M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LGCY and 20 opened new positions — a net loss of 8 holders — while 23 trimmed existing stakes and 32 added.
The largest buyer was Fidelity Investments, adding an estimated $70.8M. The largest seller was Tortoise Capital Advisors, exiting entirely with an estimated $14.4M sold.
- 94 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q4 2014, down from 103 in Q3 2014.
- Funds reported $242M of Legacy Reserves Inc. Common Stock stock for Q4 2014, down 42% quarter-over-quarter.
- 20 funds opened new Legacy Reserves Inc. Common Stock positions in Q4 2014 and 28 closed out, a net change of -8 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q4 2014 was Fidelity Investments, an estimated $70.8M added.
- The largest Legacy Reserves Inc. Common Stock seller in Q4 2014 was Tortoise Capital Advisors, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2014.