Largo
55 hedge funds and large institutions have $217M invested in Largo in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
4% more funds holding
Funds holding: 53 → 55 (+2)
0.75% more ownership
Funds ownership: 63.38% → 64.13% (+0.75%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
23% less capital invested
Capital invested by funds: $281M → $217M (-$64.5M)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
27% less call options, than puts
Call options by funds: $167K | Put options by funds: $230K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Legal & General Group
London,
United Kingdom
|
+$2.35M |
| 2 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$752K |
| 3 |
AC
Aristides Capital
Louisville,
Kentucky
|
+$282K |
| 4 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
+$191K |
| 5 |
Millennium Management
New York
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$2.91M |
| 2 |
JP Morgan Chase
New York
|
-$442K |
| 3 |
Bank of New York Mellon
New York
|
-$283K |
| 4 |
Jane Street
New York
|
-$92.1K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$85.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
51
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $1.05K | – | – | – |
|
|
CP
52
Castleview Partners
Dallas,
Texas
| $1K | +$1.08K | +162 | +426% |
|
|
TWC
53
TD Waterhouse Canada
Toronto,
Ontario, Canada
| $571 | – | – | – |
|
54
Bank of Montreal
Toronto,
Ontario, Canada
| $228 | +$134K | +20,173 | +138% |
|
|
55
Alyeska Investment Group
Chicago,
Illinois
| – | -$2.91M | -424,900 | Closed |
|
|
CA
56
CoreCap Advisors
Southfield,
Michigan
| – | -$5K | -700 | Closed |
|
LGO Hedge Fund Activity: Q3 2022 in Review
55 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Largo (LGO) for Q3 2022, worth a combined $217M — down 23% from $281M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new LGO positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 15 trimmed.
The largest buyer was Legal & General Group, adding an estimated $2.35M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $2.91M sold.
- 55 institutional investors held Largo (LGO) as of Q3 2022, up from 53 in Q2 2022.
- Funds reported $217M of Largo stock for Q3 2022, down 23% quarter-over-quarter.
- 6 funds opened new Largo positions in Q3 2022 and 4 closed out, a net change of +2 holders.
- The largest Largo buyer in Q3 2022 was Legal & General Group, an estimated $2.35M added.
- The largest Largo seller in Q3 2022 was Alyeska Investment Group, an estimated $2.91M sold.
Based on aggregated 13F filings for Q3 2022.