Largo
42 hedge funds and large institutions have $116M invested in Largo in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 9 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.48% less ownership
Funds ownership: 64.13% → 63.65% (-0.48%)
2% less call options, than puts
Call options by funds: $152K | Put options by funds: $155K
5% less funds holding
Funds holding: 44 → 42 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
34% less capital invested
Capital invested by funds: $176M → $116M (-$60.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$503K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$208K |
| 3 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
+$132K |
| 4 |
Morgan Stanley
New York
|
+$86.8K |
| 5 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$78.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$664K |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$543K |
| 3 |
Swiss National Bank
Zurich,
Switzerland
|
-$355K |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$186K |
| 5 |
Legal & General Group
London,
United Kingdom
|
-$164K |
LGO Hedge Fund Activity: Q3 2023 in Review
42 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Largo (LGO) for Q3 2023, worth a combined $116M — down 34% from $176M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of LGO and 7 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Millennium Management, opening a new position worth an estimated $503K. The largest seller was Bank of New York Mellon, cutting an estimated $664K.
- 42 institutional investors held Largo (LGO) as of Q3 2023, down from 44 in Q2 2023.
- Funds reported $116M of Largo stock for Q3 2023, down 34% quarter-over-quarter.
- 7 funds opened new Largo positions in Q3 2023 and 9 closed out, a net change of -2 holders.
- The largest Largo buyer in Q3 2023 was Millennium Management, an estimated $503K added.
- The largest Largo seller in Q3 2023 was Bank of New York Mellon, an estimated $664K sold.
Based on aggregated 13F filings for Q3 2023.