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LM

Legg Mason, Inc.
LM

Delisted

LM was delisted on the 31st of July, 2020.

320 hedge funds and large institutions have $4.4B invested in Legg Mason, Inc. in 2020 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 66 increasing their positions, 117 reducing their positions, and 105 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more funds holding in top 10

Funds holding in top 10: 717 (+10)

63% more capital invested

Capital invested by funds: $2.7B → $4.4B (+$1.7B)

8% less funds holding

Funds holding: 347320 (-27)

22% less first-time investments, than exits

New positions opened: 82 | Existing positions closed: 105

44% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 117

84% less call options, than puts

Call options by funds: $1.86M | Put options by funds: $11.3M

Holders
320
Holders Change
-27
Holders Change %
-7.78%
% of All Funds
7.05%
Holding in Top 10
17
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+142.86%
% of All Funds
0.37%
New
82
Increased
66
Reduced
117
Closed
105
Calls
$1.86M
Puts
$11.3M
Net Calls
-$9.43M
Net Calls Change
-$12.3M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$46.2M -$4.74M -108,660 -10%
Neuberger Berman Group
27
Neuberger Berman Group
New York
$46M +$41M +940,644 New
Balyasny Asset Management
28
Balyasny Asset Management
Illinois
$45M +$29.3M +670,626 +267%
AA
29
AQR Arbitrage
Connecticut
$44.3M +$39.5M +906,349 New
JP Morgan Chase
30
JP Morgan Chase
New York
$39.1M +$22.8M +521,579 +188%
Northern Trust
31
Northern Trust
Illinois
$35.6M +$711K +16,303 +2%
Grantham, Mayo, Van Otterloo & Co (GMO)
32
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$35.4M +$29M +663,504 +1,084%
PPA
33
Parametric Portfolio Associates
Washington
$27.5M -$173K -3,971 -0.7%
SFM
34
Soros Fund Management
New York
$27M +$24.1M +553,060 New
Bank of America
35
Bank of America
North Carolina
$25.1M -$5.9M -135,198 -21%
GWM
36
Greenwich Wealth Management
Connecticut
$23.9M -$305 -7 -0%
IA
37
IndexIQ Advisors
New York
$23M +$20.6M +471,007 New
Charles Schwab
38
Charles Schwab
California
$21.8M -$1.89M -43,350 -9%
AllianceBernstein
39
AllianceBernstein
Tennessee
$20.8M +$10.2M +234,426 +122%
WMSA
40
Weiss Multi-Strategy Advisers
New York
$20.5M +$18.3M +419,466 New
KC
41
Kellner Capital
New York
$20.4M +$18.3M +418,600 New
Tudor Investment Corp
42
Tudor Investment Corp
Connecticut
$19.3M +$15.7M +360,793 +1,040%
PCC
43
Park Circle Company
Maryland
$19M -$8.07M -185,000 -32%
DCM
44
Dupont Capital Management
Delaware
$18.8M +$16.4M +375,958 +4,506%
BHMP
45
Bardin Hill Management Partners
New York
$18.2M +$16.3M +373,003 New
UBS Group
46
UBS Group
Switzerland
$16.6M +$8.78M +201,317 +146%
AIMCA
47
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$16.5M +$12.2M +280,600 +485%
Allianz Asset Management
48
Allianz Asset Management
Germany
$16.3M +$7.29M +166,977 +100%
PSAMP
49
P. Schoenfeld Asset Management (PSAM)
New York
$16.2M +$14.5M +332,211 New
Prudential Financial
50
Prudential Financial
New Jersey
$15.9M -$12.8M -292,474 -47%

LM Hedge Fund Activity: Q1 2020 in Review

320 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2020, worth a combined $4.4B — up 63% from $2.7B a quarter earlier.

Sellers outnumbered buyers: 105 funds closed out of LM and 82 opened new positions — a net loss of 23 holders — while 117 trimmed existing stakes and 66 added.

The largest buyer was UBS O'Connor, opening a new position worth an estimated $163M. The largest seller was Clarkston Capital Partners, exiting entirely with an estimated $168M sold.

  • 320 institutional investors held Legg Mason, Inc. (LM) as of Q1 2020, down from 347 in Q4 2019.
  • Funds reported $4.4B of Legg Mason, Inc. stock for Q1 2020, up 63% quarter-over-quarter.
  • 82 funds opened new Legg Mason, Inc. positions in Q1 2020 and 105 closed out, a net change of -23 holders.
  • The largest Legg Mason, Inc. buyer in Q1 2020 was UBS O'Connor, an estimated $163M added.
  • The largest Legg Mason, Inc. seller in Q1 2020 was Clarkston Capital Partners, an estimated $168M sold.

Based on aggregated 13F filings for Q1 2020.