Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
316 hedge funds and large institutions have $1.84B invested in Legg Mason, Inc. in 2018 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 99 increasing their positions, 130 reducing their positions, and 56 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
6% less funds holding
Funds holding: 337 → 316 (-21)
19% less capital invested
Capital invested by funds: $2.29B → $1.84B (-$442M)
24% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 130
36% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 56
85% less call options, than puts
Call options by funds: $7.01M | Put options by funds: $46.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$15.3M |
| 2 |
GWM
Greenwich Wealth Management
Greenwich,
Connecticut
|
+$11.8M |
| 3 |
Renaissance Technologies
New York
|
+$8.37M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$8.16M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$11.4M |
| 2 |
Goldman Sachs
New York
|
-$6.82M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$6.25M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$5.93M |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$5.87M |
LM Hedge Fund Activity: Q4 2018 in Review
316 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2018, worth a combined $1.84B — down 19% from $2.29B a quarter earlier.
Sellers outnumbered buyers: 56 funds closed out of LM and 36 opened new positions — a net loss of 20 holders — while 130 trimmed existing stakes and 99 added.
The largest buyer was Robeco Institutional Asset Management, adding an estimated $15.3M. The largest seller was Wedge Capital Management, cutting an estimated $11.4M.
- 316 institutional investors held Legg Mason, Inc. (LM) as of Q4 2018, down from 337 in Q3 2018.
- Funds reported $1.84B of Legg Mason, Inc. stock for Q4 2018, down 19% quarter-over-quarter.
- 36 funds opened new Legg Mason, Inc. positions in Q4 2018 and 56 closed out, a net change of -20 holders.
- The largest Legg Mason, Inc. buyer in Q4 2018 was Robeco Institutional Asset Management, an estimated $15.3M added.
- The largest Legg Mason, Inc. seller in Q4 2018 was Wedge Capital Management, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2018.