Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
322 hedge funds and large institutions have $2.03B invested in Legg Mason, Inc. in 2019 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 124 increasing their positions, 97 reducing their positions, and 34 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 97
24% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 34
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more capital invested
Capital invested by funds: $1.84B → $2.03B (+$189M)
2% more funds holding
Funds holding: 316 → 322 (+6)
90% less call options, than puts
Call options by funds: $6.23M | Put options by funds: $61.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$27.7M |
| 2 |
APG Asset Management
Amsterdam,
Netherlands
|
+$21.7M |
| 3 |
Renaissance Technologies
New York
|
+$21.5M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$9.69M |
| 5 |
O
OppenheimerFunds
New York
|
+$8.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$23.5M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$22.1M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$12.5M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$7.91M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$7.25M |
LM Hedge Fund Activity: Q1 2019 in Review
322 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2019, worth a combined $2.03B — up 10% from $1.84B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new LM positions and 34 closed out — a net gain of 8 holders — while 124 added to existing stakes and 97 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $27.7M. The largest seller was American Century Companies, exiting entirely with an estimated $23.5M sold.
- 322 institutional investors held Legg Mason, Inc. (LM) as of Q1 2019, up from 316 in Q4 2018.
- Funds reported $2.03B of Legg Mason, Inc. stock for Q1 2019, up 10% quarter-over-quarter.
- 42 funds opened new Legg Mason, Inc. positions in Q1 2019 and 34 closed out, a net change of +8 holders.
- The largest Legg Mason, Inc. buyer in Q1 2019 was Citadel Advisors, an estimated $27.7M added.
- The largest Legg Mason, Inc. seller in Q1 2019 was American Century Companies, an estimated $23.5M sold.
Based on aggregated 13F filings for Q1 2019.