Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
320 hedge funds and large institutions have $3.02B invested in Legg Mason, Inc. in 2017 Q2 according to their latest regulatory filings, with 52 funds opening new positions, 97 increasing their positions, 120 reducing their positions, and 32 closing their positions.
63% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 32
57% more call options, than puts
Call options by funds: $7.74M | Put options by funds: $4.93M
9% more capital invested
Capital invested by funds: $2.78B → $3.02B (+$243M)
6% more funds holding
Funds holding: 301 → 320 (+19)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
19% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$36.8M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$32.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$29.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$15.3M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$27.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.6M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$16M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$8.61M |
| 5 |
IP
Interval Partners
New York
|
-$8.33M |
LM Hedge Fund Activity: Q2 2017 in Review
320 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q2 2017, worth a combined $3.02B — up 8.7% from $2.78B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new LM positions and 32 closed out — a net gain of 20 holders — while 97 added to existing stakes and 120 trimmed.
The largest buyer was Laurion Capital Management, opening a new position worth an estimated $36.8M. The largest seller was BlackRock, cutting an estimated $27.9M.
- 320 institutional investors held Legg Mason, Inc. (LM) as of Q2 2017, up from 301 in Q1 2017.
- Funds reported $3.02B of Legg Mason, Inc. stock for Q2 2017, up 8.7% quarter-over-quarter.
- 52 funds opened new Legg Mason, Inc. positions in Q2 2017 and 32 closed out, a net change of +20 holders.
- The largest Legg Mason, Inc. buyer in Q2 2017 was Laurion Capital Management, an estimated $36.8M added.
- The largest Legg Mason, Inc. seller in Q2 2017 was BlackRock, an estimated $27.9M sold.
Based on aggregated 13F filings for Q2 2017.