Largo
43 hedge funds and large institutions have $183M invested in Largo in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 7 closing their positions.
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
7% less funds holding
Funds holding: 46 → 43 (-3)
8.59% less ownership
Funds ownership: 63.73% → 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
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$1.04M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$193K |
| 3 |
Bank of New York Mellon
New York
|
+$190K |
| 4 |
Goldman Sachs
New York
|
+$139K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFI
West Family Investments
Carlsbad,
California
|
-$30.2M |
| 2 |
Millennium Management
New York
|
-$562K |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$388K |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$269K |
| 5 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
-$173K |
LGO Hedge Fund Activity: Q1 2023 in Review
43 of the 6,283 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 5 opened new positions — a net loss of 2 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 46 in Q4 2022.
- Funds reported $183M of Largo stock for Q1 2023, down 17% quarter-over-quarter.
- 5 funds opened new Largo positions in Q1 2023 and 7 closed out, a net change of -2 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.