Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
319 hedge funds and large institutions have $2.68B invested in Legg Mason, Inc. in 2016 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 85 increasing their positions, 129 reducing their positions, and 43 closing their positions.
11% more capital invested
Capital invested by funds: $2.42B → $2.68B (+$258M)
7% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 43
2% less funds holding
Funds holding: 325 → 319 (-6)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
25% less call options, than puts
Call options by funds: $5.07M | Put options by funds: $6.73M
34% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 129
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$73.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$70M |
| 3 |
Teacher Retirement System of Texas
Austin,
Texas
|
+$19.7M |
| 4 |
Morgan Stanley
New York
|
+$11.2M |
| 5 |
Capital Fund Management (CFM)
Paris,
France
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$55.2M |
| 2 |
Millennium Management
New York
|
-$23.5M |
| 3 |
Two Sigma Advisers
New York
|
-$22.8M |
| 4 |
JP Morgan Chase
New York
|
-$20.7M |
| 5 |
Two Sigma Investments
New York
|
-$20.7M |
LM Hedge Fund Activity: Q3 2016 in Review
319 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q3 2016, worth a combined $2.68B — up 11% from $2.42B a quarter earlier.
Sellers outnumbered buyers: 43 funds closed out of LM and 40 opened new positions — a net loss of 3 holders — while 129 trimmed existing stakes and 85 added.
The largest buyer was Wellington Management Group, adding an estimated $73.2M. The largest seller was Citadel Advisors, cutting an estimated $55.2M.
- 319 institutional investors held Legg Mason, Inc. (LM) as of Q3 2016, down from 325 in Q2 2016.
- Funds reported $2.68B of Legg Mason, Inc. stock for Q3 2016, up 11% quarter-over-quarter.
- 40 funds opened new Legg Mason, Inc. positions in Q3 2016 and 43 closed out, a net change of -3 holders.
- The largest Legg Mason, Inc. buyer in Q3 2016 was Wellington Management Group, an estimated $73.2M added.
- The largest Legg Mason, Inc. seller in Q3 2016 was Citadel Advisors, an estimated $55.2M sold.
Based on aggregated 13F filings for Q3 2016.