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LGO

Largo

43 hedge funds and large institutions have $183M invested in Largo in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 5

9% less funds holding

Funds holding: 4743 (-4)

8.62% less ownership

Funds ownership: 63.76%55.14% (-8.6%)

17% less capital invested

Capital invested by funds: $220M → $183M (-$37.1M)

17% less call options, than puts

Call options by funds: $365K | Put options by funds: $439K

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
43
Holders Change
-4
Holders Change %
-8.51%
% of All Funds
0.69%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
4
Increased
14
Reduced
5
Closed
7
Calls
$365K
Puts
$439K
Net Calls
-$74K
Net Calls Change
-$132K
Name Holding Trade Value Shares
Change
Change in
Stake
Legal & General Group
26
Legal & General Group
United Kingdom
$33K
UBS Group
27
UBS Group
Switzerland
$28.2K -$11.5K -1,936 -26%
Zurich Cantonal Bank
28
Zurich Cantonal Bank
Switzerland
$21.2K +$14.1K +2,381 +139%
Bank of America
29
Bank of America
North Carolina
$20.7K -$1.04K -175 -4%
JP Morgan Chase
30
JP Morgan Chase
New York
$20K
Osaic Holdings
31
Osaic Holdings
Arizona
$17.4K
SAM
32
Shell Asset Management
Netherlands
$16K +$736 +124 +4%
TRCT
33
Tower Research Capital (TRC)
New York
$14K +$16.1K +2,715 +3,993%
SPIA
34
Steward Partners Investment Advisory
New York
$7.77K
National Bank of Canada
35
National Bank of Canada
Quebec, Canada
$6.73K
ASN
36
Advisory Services Network
Georgia
$6.11K
ETC
37
Exchange Traded Concepts
Oklahoma
$2.94K
CP
38
Castleview Partners
Texas
$1.04K
Bessemer Group
39
Bessemer Group
New Jersey
$1K +$1.19K +200 New
Simplex Trading
40
Simplex Trading
Illinois
$1K +$1.91K +322 New
TWC
41
TD Waterhouse Canada
Ontario, Canada
$529
Group One Trading
42
Group One Trading
Illinois
$389
CFB
43
Cullen/Frost Bankers
Texas
$311
WFI
44
West Family Investments
California
-$30.2M -5,572,637 Closed
Millennium Management
45
Millennium Management
New York
-$562K -103,795 Closed
CAM
46
Cresset Asset Management
Illinois
-$269K -50,000 Closed
BPGAM
47
BTG Pactual Global Asset Management
Bermuda
-$173K -32,000 Closed
D.E. Shaw & Co
48
D.E. Shaw & Co
New York
-$57.4K -10,600 Closed
Rockefeller Capital Management
49
Rockefeller Capital Management
New York
-$40K -7,525 Closed
RBC
50
Romano Brothers & Co
Illinois
-$5.11K -950 Closed

LGO Hedge Fund Activity: Q1 2023 in Review

43 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Largo (LGO) for Q1 2023, worth a combined $183M — down 17% from $220M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of LGO and 4 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 14 added.

The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $1.04M. The largest seller was West Family Investments, exiting entirely with an estimated $30.2M sold.

  • 43 institutional investors held Largo (LGO) as of Q1 2023, down from 47 in Q4 2022.
  • Funds reported $183M of Largo stock for Q1 2023, down 17% quarter-over-quarter.
  • 4 funds opened new Largo positions in Q1 2023 and 7 closed out, a net change of -3 holders.
  • The largest Largo buyer in Q1 2023 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $1.04M added.
  • The largest Largo seller in Q1 2023 was West Family Investments, an estimated $30.2M sold.

Based on aggregated 13F filings for Q1 2023.