Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
326 hedge funds and large institutions have $2.94B invested in Legg Mason, Inc. in 2019 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 90 increasing their positions, 123 reducing their positions, and 48 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
45% more capital invested
Capital invested by funds: $2.03B → $2.94B (+$910M)
17% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 48
1% more funds holding
Funds holding: 322 → 326 (+4)
27% less repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 123
80% less call options, than puts
Call options by funds: $13.4M | Put options by funds: $67.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
+$134M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$39.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$34.2M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$19.1M |
| 5 |
APG Asset Management
Amsterdam,
Netherlands
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$15.8M |
| 2 |
Bank of New York Mellon
New York
|
-$9.92M |
| 3 |
AU
Algebris (UK)
London,
United Kingdom
|
-$9.59M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$9.49M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$9.07M |
LM Hedge Fund Activity: Q2 2019 in Review
326 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q2 2019, worth a combined $2.94B — up 45% from $2.03B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new LM positions and 48 closed out — a net gain of 8 holders — while 90 added to existing stakes and 123 trimmed.
The largest buyer was Trian Fund Management, opening a new position worth an estimated $134M. The largest seller was First Trust Advisors, cutting an estimated $15.8M.
- 326 institutional investors held Legg Mason, Inc. (LM) as of Q2 2019, up from 322 in Q1 2019.
- Funds reported $2.94B of Legg Mason, Inc. stock for Q2 2019, up 45% quarter-over-quarter.
- 56 funds opened new Legg Mason, Inc. positions in Q2 2019 and 48 closed out, a net change of +8 holders.
- The largest Legg Mason, Inc. buyer in Q2 2019 was Trian Fund Management, an estimated $134M added.
- The largest Legg Mason, Inc. seller in Q2 2019 was First Trust Advisors, an estimated $15.8M sold.
Based on aggregated 13F filings for Q2 2019.