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LM

Legg Mason, Inc.
LM

Delisted

LM was delisted on the 31st of July, 2020.

329 hedge funds and large institutions have $2.9B invested in Legg Mason, Inc. in 2019 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 86 increasing their positions, 143 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

8% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 38

1% more funds holding

Funds holding: 326329 (+3)

0% more funds holding in top 10

Funds holding in top 10: 99 (0)

1% less capital invested

Capital invested by funds: $2.94B → $2.9B (-$39.7M)

40% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 143

47% less call options, than puts

Call options by funds: $20.5M | Put options by funds: $38.5M

Holders
329
Holders Change
+3
Holders Change %
+0.92%
% of All Funds
7.21%
Holding in Top 10
9
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
41
Increased
86
Reduced
143
Closed
38
Calls
$20.5M
Puts
$38.5M
Net Calls
-$17.9M
Net Calls Change
+$35.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Adage Capital Partners
126
Adage Capital Partners
Massachusetts
$1.53M +$1.51M +40,000 New
AIL
127
AGF Investments LLC
Ontario, Canada
$1.51M -$408K -10,793 -21%
Envestnet Asset Management
128
Envestnet Asset Management
Illinois
$1.49M -$100K -2,643 -6%
Victory Capital Management
129
Victory Capital Management
Texas
$1.44M +$1.43M +37,755 New
Grantham, Mayo, Van Otterloo & Co (GMO)
130
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.42M +$1.4M +37,125 New
OPERF
131
Oregon Public Employees Retirement Fund
Oregon
$1.35M +$25.9K +685 +2%
BC
132
Bartlett & Co
Ohio
$1.25M +$153K +4,040 +14%
BCWM
133
Bartlett & Co Wealth Management
Ohio
$1.25M +$153K +4,040 +14%
GIA
134
Gargoyle Investment Advisor
New Jersey
$1.24M
RCP
135
Radin Capital Partners
Ontario, Canada
$1.21M -$4.77M -126,000 -80%
IIC
136
Ironwood Investment Counsel
Arizona
$1.19M -$22.7K -600 -2%
T. Rowe Price Associates
137
T. Rowe Price Associates
Maryland
$1.14M +$11.7K +308 +1%
Squarepoint
138
Squarepoint
New York
$1.13M +$1.12M +29,536 New
Pacer Advisors
139
Pacer Advisors
Pennsylvania
$1.12M -$179K -4,727 -14%
HSBC Holdings
140
HSBC Holdings
United Kingdom
$1.12M +$112K +2,951 +11%
JIM
141
Jupiter Investment Management
United Kingdom
$1.03M +$1.02M +26,958 +158,576%
JG
142
Jefferies Group
New York
$1.02M +$584K +15,431 +136%
Ohio Public Employees Retirement System (OPERS)
143
Ohio Public Employees Retirement System (OPERS)
Ohio
$1.01M +$254K +6,702 +34%
SWM
144
SeaCrest Wealth Management
New York
$1.01M
FIM
145
Freedom Investment Management
Connecticut
$1M -$36.1K -955 -4%
HF
146
HRT Financial
New York
$1M +$991K +26,197 New
ARTA
147
A.R.T. Advisors
New York
$991K -$282K -7,449 -22%
Lord, Abbett & Co
148
Lord, Abbett & Co
New Jersey
$981K +$56.8K +1,500 +6%
SRAM
149
Stone Ridge Asset Management
New York
$973K
GCP
150
GSA Capital Partners
United Kingdom
$949K +$940K +24,843 New

LM Hedge Fund Activity: Q3 2019 in Review

329 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q3 2019, worth a combined $2.9B — down 1.3% from $2.94B a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new LM positions and 38 closed out — a net gain of 3 holders — while 86 added to existing stakes and 143 trimmed.

The largest buyer was Nuveen, adding an estimated $23.4M. The largest seller was State of New Jersey Common Pension Fund D, cutting an estimated $30.9M.

  • 329 institutional investors held Legg Mason, Inc. (LM) as of Q3 2019, up from 326 in Q2 2019.
  • Funds reported $2.9B of Legg Mason, Inc. stock for Q3 2019, down 1.3% quarter-over-quarter.
  • 41 funds opened new Legg Mason, Inc. positions in Q3 2019 and 38 closed out, a net change of +3 holders.
  • The largest Legg Mason, Inc. buyer in Q3 2019 was Nuveen, an estimated $23.4M added.
  • The largest Legg Mason, Inc. seller in Q3 2019 was State of New Jersey Common Pension Fund D, an estimated $30.9M sold.

Based on aggregated 13F filings for Q3 2019.