Largo
53 hedge funds and large institutions have $429M invested in Largo in 2021 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
8% more funds holding
Funds holding: 49 → 53 (+4)
2.21% more ownership
Funds ownership: 60.67% → 62.89% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
30% less capital invested
Capital invested by funds: $611M → $429M (-$183M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$6.32M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
+$5.77M |
| 3 |
Bank of New York Mellon
New York
|
+$5.37M |
| 4 |
JP Morgan Chase
New York
|
+$2.63M |
| 5 |
Millennium Management
New York
|
+$1.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$3.09M |
| 2 |
Goldman Sachs
New York
|
-$1.91M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$1.81M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$1.43M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$578K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWA
51
Sutton Wealth Advisors
Tampa,
Florida
| $1.05K | – | – | – |
|
|
CFB
52
Cullen/Frost Bankers
San Antonio,
Texas
| $1K | – | – | – |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1K | +$703 | +50 | New |
|
|
54
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
| – | -$3.09M | -198,505 | Closed |
|
|
55
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$1.43M | -89,800 | Closed |
|
|
56
Citadel Advisors
Miami,
Florida
| – | -$578K | -37,038 | Closed |
|
|
WJWM
57
Williams Jones Wealth Management
New York
| – | -$506K | -32,460 | Closed |
|
|
PAMP
58
Polar Asset Management Partners
Toronto,
Ontario, Canada
| – | -$390K | -25,000 | Closed |
|
59
UBS Group
Zurich,
Switzerland
| – | -$363K | -23,278 | Closed |
|
|
VF
60
Virtu Financial
New York
| – | -$266K | -17,039 | Closed |
|
|
GEA
61
Glen Eagle Advisors
Kingston,
New Jersey
| – | -$15.6K | -1,000 | Closed |
|
LGO Hedge Fund Activity: Q3 2021 in Review
53 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Largo (LGO) for Q3 2021, worth a combined $429M — down 30% from $611M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LGO positions and 9 closed out — a net gain of 5 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Grantham, Mayo, Van Otterloo & Co (GMO), adding an estimated $6.32M. The largest seller was Connor, Clark & Lunn Investment Management (CC&L), exiting entirely with an estimated $3.09M sold.
- 53 institutional investors held Largo (LGO) as of Q3 2021, up from 49 in Q2 2021.
- Funds reported $429M of Largo stock for Q3 2021, down 30% quarter-over-quarter.
- 14 funds opened new Largo positions in Q3 2021 and 9 closed out, a net change of +5 holders.
- The largest Largo buyer in Q3 2021 was Grantham, Mayo, Van Otterloo & Co (GMO), an estimated $6.32M added.
- The largest Largo seller in Q3 2021 was Connor, Clark & Lunn Investment Management (CC&L), an estimated $3.09M sold.
Based on aggregated 13F filings for Q3 2021.