Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
366 hedge funds and large institutions have $5.14B invested in Legg Mason, Inc. in 2014 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 113 increasing their positions, 157 reducing their positions, and 23 closing their positions.
74% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 23
31% more call options, than puts
Call options by funds: $13.3M | Put options by funds: $10.2M
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
4% more funds holding
Funds holding: 352 → 366 (+14)
3% less capital invested
Capital invested by funds: $5.32B → $5.14B (-$181M)
28% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 157
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
+$32.5M |
| 2 |
JP Morgan Chase
New York
|
+$31.8M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$28.3M |
| 4 |
WG
Winton Group
London,
United Kingdom
|
+$18.9M |
| 5 |
Millennium Management
New York
|
+$14.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$158M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$44.1M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
-$34.8M |
| 4 |
MNA
Manning & Napier Advisors
Fairport,
New York
|
-$18.4M |
| 5 |
O
OppenheimerFunds
New York
|
-$12.9M |
LM Hedge Fund Activity: Q3 2014 in Review
366 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q3 2014, worth a combined $5.14B — down 3.4% from $5.32B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LM positions and 23 closed out — a net gain of 17 holders — while 113 added to existing stakes and 157 trimmed.
The largest buyer was Janus Henderson Investors US, adding an estimated $32.5M. The largest seller was T. Rowe Price Associates, cutting an estimated $158M.
- 366 institutional investors held Legg Mason, Inc. (LM) as of Q3 2014, up from 352 in Q2 2014.
- Funds reported $5.14B of Legg Mason, Inc. stock for Q3 2014, down 3.4% quarter-over-quarter.
- 40 funds opened new Legg Mason, Inc. positions in Q3 2014 and 23 closed out, a net change of +17 holders.
- The largest Legg Mason, Inc. buyer in Q3 2014 was Janus Henderson Investors US, an estimated $32.5M added.
- The largest Legg Mason, Inc. seller in Q3 2014 was T. Rowe Price Associates, an estimated $158M sold.
Based on aggregated 13F filings for Q3 2014.