Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
377 hedge funds and large institutions have $8.11B invested in Legg Mason, Inc. in 2014 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 116 increasing their positions, 159 reducing their positions, and 28 closing their positions.
58% more capital invested
Capital invested by funds: $5.14B → $8.11B (+$2.97B)
57% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 28
52% more call options, than puts
Call options by funds: $12.4M | Put options by funds: $8.15M
3% more funds holding
Funds holding: 366 → 377 (+11)
8% less funds holding in top 10
Funds holding in top 10: 12 → 11 (-1)
27% less repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 159
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$194M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$161M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$56.6M |
| 4 |
JP Morgan Chase
New York
|
+$48.8M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$324M |
| 2 |
Bank of New York Mellon
New York
|
-$66M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$41.4M |
| 4 |
Pzena Investment Management
New York
|
-$38.1M |
| 5 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$28.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
401
SRB Corp
Boston,
Massachusetts
| – | -$145K | -2,831 | Closed |
|
|
QI
402
QS Investors
New York
| – | -$76K | -1,478 | Closed |
|
|
PCM
403
Prelude Capital Management
New York
| – | -$32K | -630 | Closed |
|
404
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$12K | -239 | Closed |
|
|
SFSIG
405
San Francisco Sentry Investment Group
San Francisco,
California
| – | -$8K | -150 | Closed |
|
LM Hedge Fund Activity: Q4 2014 in Review
377 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2014, worth a combined $8.11B — up 58% from $5.14B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new LM positions and 28 closed out — a net gain of 16 holders — while 116 added to existing stakes and 159 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $194M. The largest seller was T. Rowe Price Associates, cutting an estimated $324M.
- 377 institutional investors held Legg Mason, Inc. (LM) as of Q4 2014, up from 366 in Q3 2014.
- Funds reported $8.11B of Legg Mason, Inc. stock for Q4 2014, up 58% quarter-over-quarter.
- 44 funds opened new Legg Mason, Inc. positions in Q4 2014 and 28 closed out, a net change of +16 holders.
- The largest Legg Mason, Inc. buyer in Q4 2014 was Viking Global Investors, an estimated $194M added.
- The largest Legg Mason, Inc. seller in Q4 2014 was T. Rowe Price Associates, an estimated $324M sold.
Based on aggregated 13F filings for Q4 2014.