Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
349 hedge funds and large institutions have $3.27B invested in Legg Mason, Inc. in 2017 Q4 according to their latest regulatory filings, with 73 funds opening new positions, 123 increasing their positions, 98 reducing their positions, and 25 closing their positions.
192% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 25
45% more call options, than puts
Call options by funds: $8.38M | Put options by funds: $5.79M
26% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 98
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
15% more funds holding
Funds holding: 303 → 349 (+46)
7% more capital invested
Capital invested by funds: $3.05B → $3.27B (+$217M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$47.4M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$27.5M |
| 3 |
BlackRock
New York
|
+$25.6M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$25.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
-$157M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$35.9M |
| 3 |
JCM
Junto Capital Management
New York
|
-$28M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$27.1M |
| 5 |
Citigroup
New York
|
-$19.3M |
LM Hedge Fund Activity: Q4 2017 in Review
349 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2017, worth a combined $3.27B — up 7.1% from $3.05B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new LM positions and 25 closed out — a net gain of 48 holders — while 123 added to existing stakes and 98 trimmed.
The largest buyer was Millennium Management, adding an estimated $47.4M. The largest seller was First Pacific Advisors, exiting entirely with an estimated $157M sold.
- 349 institutional investors held Legg Mason, Inc. (LM) as of Q4 2017, up from 303 in Q3 2017.
- Funds reported $3.27B of Legg Mason, Inc. stock for Q4 2017, up 7.1% quarter-over-quarter.
- 73 funds opened new Legg Mason, Inc. positions in Q4 2017 and 25 closed out, a net change of +48 holders.
- The largest Legg Mason, Inc. buyer in Q4 2017 was Millennium Management, an estimated $47.4M added.
- The largest Legg Mason, Inc. seller in Q4 2017 was First Pacific Advisors, an estimated $157M sold.
Based on aggregated 13F filings for Q4 2017.