Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
356 hedge funds and large institutions have $3.24B invested in Legg Mason, Inc. in 2016 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 128 increasing their positions, 123 reducing their positions, and 69 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 123
7% less funds holding
Funds holding: 381 → 356 (-25)
14% less capital invested
Capital invested by funds: $3.75B → $3.24B (-$511M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
18% less call options, than puts
Call options by funds: $11.1M | Put options by funds: $13.6M
33% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPA
First Pacific Advisors
El Segundo,
California
|
+$65.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$51.8M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$46.2M |
| 4 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
+$34M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Samlyn Capital
New York
|
-$119M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
-$96.9M |
| 3 |
JP Morgan Chase
New York
|
-$67.4M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$59.3M |
| 5 |
SIM
Sadoff Investment Management
Milwaukee,
Wisconsin
|
-$25.2M |
LM Hedge Fund Activity: Q1 2016 in Review
356 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2016, worth a combined $3.24B — down 14% from $3.75B a quarter earlier.
Sellers outnumbered buyers: 69 funds closed out of LM and 46 opened new positions — a net loss of 23 holders — while 123 trimmed existing stakes and 128 added.
The largest buyer was First Pacific Advisors, adding an estimated $65.1M. The largest seller was Samlyn Capital, exiting entirely with an estimated $119M sold.
- 356 institutional investors held Legg Mason, Inc. (LM) as of Q1 2016, down from 381 in Q4 2015.
- Funds reported $3.24B of Legg Mason, Inc. stock for Q1 2016, down 14% quarter-over-quarter.
- 46 funds opened new Legg Mason, Inc. positions in Q1 2016 and 69 closed out, a net change of -23 holders.
- The largest Legg Mason, Inc. buyer in Q1 2016 was First Pacific Advisors, an estimated $65.1M added.
- The largest Legg Mason, Inc. seller in Q1 2016 was Samlyn Capital, an estimated $119M sold.
Based on aggregated 13F filings for Q1 2016.