Largo
40 hedge funds and large institutions have $96.3M invested in Largo in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 7 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.8% less ownership
Funds ownership: 63.65% → 62.85% (-0.8%)
5% less funds holding
Funds holding: 42 → 40 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
17% less capital invested
Capital invested by funds: $116M → $96.3M (-$19.3M)
35% less call options, than puts
Call options by funds: $40K | Put options by funds: $62K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$577K |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$319K |
| 3 |
Lido Advisors
Los Angeles,
California
|
+$233K |
| 4 |
Renaissance Technologies
New York
|
+$214K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$2.79M |
| 2 |
AC
Aristides Capital
Louisville,
Kentucky
|
-$120K |
| 3 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
-$99K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$71.5K |
| 5 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$33.5K |
LGO Hedge Fund Activity: Q4 2023 in Review
40 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Largo (LGO) for Q4 2023, worth a combined $96.3M — down 17% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LGO and 6 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 12 added.
The largest buyer was JP Morgan Chase, adding an estimated $577K. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $2.79M sold.
- 40 institutional investors held Largo (LGO) as of Q4 2023, down from 42 in Q3 2023.
- Funds reported $96.3M of Largo stock for Q4 2023, down 17% quarter-over-quarter.
- 6 funds opened new Largo positions in Q4 2023 and 7 closed out, a net change of -1 holder.
- The largest Largo buyer in Q4 2023 was JP Morgan Chase, an estimated $577K added.
- The largest Largo seller in Q4 2023 was Bank of New York Mellon, an estimated $2.79M sold.
Based on aggregated 13F filings for Q4 2023.