Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
356 hedge funds and large institutions have $4.99B invested in Legg Mason, Inc. in 2013 Q4 according to their latest regulatory filings, with 49 funds opening new positions, 112 increasing their positions, 141 reducing their positions, and 32 closing their positions.
114% more funds holding in top 10
Funds holding in top 10: 7 → 15 (+8)
53% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 32
5% more funds holding
Funds holding: 339 → 356 (+17)
14% less capital invested
Capital invested by funds: $5.81B → $4.99B (-$822M)
21% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 141
37% less call options, than puts
Call options by funds: $31.4M | Put options by funds: $50.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$76.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$37.3M |
| 3 |
FPP
Findlay Park Partners
London,
United Kingdom
|
+$33.3M |
| 4 |
TAM
Third Avenue Management
New York
|
+$33.2M |
| 5 |
Goldman Sachs
New York
|
+$32.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$89.3M |
| 2 |
ACM
Addison Clark Management
Stamford,
Connecticut
|
-$66.9M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$35.9M |
| 4 |
GC
Greenlight Capital
New York
|
-$35.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$25.5M |
LM Hedge Fund Activity: Q4 2013 in Review
356 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2013, worth a combined $4.99B — down 14% from $5.81B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new LM positions and 32 closed out — a net gain of 17 holders — while 112 added to existing stakes and 141 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $76.9M. The largest seller was Loomis, Sayles & Company, cutting an estimated $89.3M.
- 356 institutional investors held Legg Mason, Inc. (LM) as of Q4 2013, up from 339 in Q3 2013.
- Funds reported $4.99B of Legg Mason, Inc. stock for Q4 2013, down 14% quarter-over-quarter.
- 49 funds opened new Legg Mason, Inc. positions in Q4 2013 and 32 closed out, a net change of +17 holders.
- The largest Legg Mason, Inc. buyer in Q4 2013 was JP Morgan Chase, an estimated $76.9M added.
- The largest Legg Mason, Inc. seller in Q4 2013 was Loomis, Sayles & Company, an estimated $89.3M sold.
Based on aggregated 13F filings for Q4 2013.