Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
347 hedge funds and large institutions have $2.7B invested in Legg Mason, Inc. in 2019 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 115 increasing their positions, 114 reducing their positions, and 30 closing their positions.
98% more call options, than puts
Call options by funds: $5.88M | Put options by funds: $2.96M
93% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 30
5% more funds holding
Funds holding: 329 → 347 (+18)
1% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 114
7% less capital invested
Capital invested by funds: $2.9B → $2.7B (-$200M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.9M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$11.1M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
+$8.57M |
| 4 |
Man Group
London,
United Kingdom
|
+$7.07M |
| 5 |
Pzena Investment Management
New York
|
+$6.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$52M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$11.4M |
| 3 |
Millennium Management
New York
|
-$11M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$9.62M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$7.72M |
LM Hedge Fund Activity: Q4 2019 in Review
347 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2019, worth a combined $2.7B — down 6.9% from $2.9B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new LM positions and 30 closed out — a net gain of 28 holders — while 115 added to existing stakes and 114 trimmed.
The largest buyer was BlackRock, adding an estimated $22.9M. The largest seller was Invesco, cutting an estimated $52M.
- 347 institutional investors held Legg Mason, Inc. (LM) as of Q4 2019, up from 329 in Q3 2019.
- Funds reported $2.7B of Legg Mason, Inc. stock for Q4 2019, down 6.9% quarter-over-quarter.
- 58 funds opened new Legg Mason, Inc. positions in Q4 2019 and 30 closed out, a net change of +28 holders.
- The largest Legg Mason, Inc. buyer in Q4 2019 was BlackRock, an estimated $22.9M added.
- The largest Legg Mason, Inc. seller in Q4 2019 was Invesco, an estimated $52M sold.
Based on aggregated 13F filings for Q4 2019.