Legacy Reserves Inc. Common Stock
LGCY
LGCY was delisted on the 27th of June, 2019.
61 hedge funds and large institutions have $12.7M invested in Legacy Reserves Inc. Common Stock in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 22 reducing their positions, and 14 closing their positions.
12% less funds holding
Funds holding: 69 → 61 (-8)
53% less capital invested
Capital invested by funds: $26.8M → $12.7M (-$14.1M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
59% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 22
94% less call options, than puts
Call options by funds: $5K | Put options by funds: $79K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$205K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$143K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$97.3K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$24.8K |
| 5 |
KM
Kalos Management
Alpharetta,
Georgia
|
+$22.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$1.4M |
| 2 |
Renaissance Technologies
New York
|
-$850K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$543K |
| 4 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$407K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$247K |
LGCY Hedge Fund Activity: Q1 2016 in Review
61 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Legacy Reserves Inc. Common Stock (LGCY) for Q1 2016, worth a combined $12.7M — down 53% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of LGCY and 6 opened new positions — a net loss of 8 holders — while 22 trimmed existing stakes and 9 added.
The largest buyer was Arrow Investment Advisors, adding an estimated $205K. The largest seller was Magnetar Financial, exiting entirely with an estimated $1.4M sold.
- 61 institutional investors held Legacy Reserves Inc. Common Stock (LGCY) as of Q1 2016, down from 69 in Q4 2015.
- Funds reported $12.7M of Legacy Reserves Inc. Common Stock stock for Q1 2016, down 53% quarter-over-quarter.
- 6 funds opened new Legacy Reserves Inc. Common Stock positions in Q1 2016 and 14 closed out, a net change of -8 holders.
- The largest Legacy Reserves Inc. Common Stock buyer in Q1 2016 was Arrow Investment Advisors, an estimated $205K added.
- The largest Legacy Reserves Inc. Common Stock seller in Q1 2016 was Magnetar Financial, an estimated $1.4M sold.
Based on aggregated 13F filings for Q1 2016.