Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
301 hedge funds and large institutions have $2.78B invested in Legg Mason, Inc. in 2017 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 73 increasing their positions, 122 reducing their positions, and 55 closing their positions.
28% more call options, than puts
Call options by funds: $8.52M | Put options by funds: $6.67M
14% more capital invested
Capital invested by funds: $2.44B → $2.78B (+$345M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 55
3% less funds holding
Funds holding: 311 → 301 (-10)
40% less repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 122
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$260M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$32.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$30.8M |
| 4 |
Millennium Management
New York
|
+$21.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$58.7M |
| 2 |
Two Sigma Investments
New York
|
-$29.6M |
| 3 |
D.E. Shaw & Co
New York
|
-$28.4M |
| 4 |
Teacher Retirement System of Texas
Austin,
Texas
|
-$20.7M |
| 5 |
Two Sigma Advisers
New York
|
-$19.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DPA
351
Delphi Private Advisors
San Diego,
California
| – | -$1K | -27 | Closed |
|
352
EARNEST Partners
Atlanta,
Georgia
| – | -$1K | -22 | Closed |
|
|
PIA
353
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$149 | -5 | Closed |
|
LM Hedge Fund Activity: Q1 2017 in Review
301 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2017, worth a combined $2.78B — up 14% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 55 funds closed out of LM and 53 opened new positions — a net loss of 2 holders — while 122 trimmed existing stakes and 73 added.
The largest buyer was BlackRock, adding an estimated $260M. The largest seller was Wellington Management Group, cutting an estimated $58.7M.
- 301 institutional investors held Legg Mason, Inc. (LM) as of Q1 2017, down from 311 in Q4 2016.
- Funds reported $2.78B of Legg Mason, Inc. stock for Q1 2017, up 14% quarter-over-quarter.
- 53 funds opened new Legg Mason, Inc. positions in Q1 2017 and 55 closed out, a net change of -2 holders.
- The largest Legg Mason, Inc. buyer in Q1 2017 was BlackRock, an estimated $260M added.
- The largest Legg Mason, Inc. seller in Q1 2017 was Wellington Management Group, an estimated $58.7M sold.
Based on aggregated 13F filings for Q1 2017.