Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
320 hedge funds and large institutions have $4.4B invested in Legg Mason, Inc. in 2020 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 66 increasing their positions, 117 reducing their positions, and 105 closing their positions.
143% more funds holding in top 10
Funds holding in top 10: 7 → 17 (+10)
63% more capital invested
Capital invested by funds: $2.7B → $4.4B (+$1.7B)
8% less funds holding
Funds holding: 347 → 320 (-27)
22% less first-time investments, than exits
New positions opened: 82 | Existing positions closed: 105
44% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 117
84% less call options, than puts
Call options by funds: $1.86M | Put options by funds: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$163M |
| 2 |
HI
HBK Investments
Dallas,
Texas
|
+$131M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$113M |
| 4 |
Goldman Sachs
New York
|
+$100M |
| 5 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$85.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Clarkston Capital Partners
Rochester,
Michigan
|
-$168M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$80.9M |
| 3 |
APG Asset Management
Amsterdam,
Netherlands
|
-$76.8M |
| 4 |
GI
GAMCO Investors
Greenwich,
Connecticut
|
-$69.6M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$38.9M |
LM Hedge Fund Activity: Q1 2020 in Review
320 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2020, worth a combined $4.4B — up 63% from $2.7B a quarter earlier.
Sellers outnumbered buyers: 105 funds closed out of LM and 82 opened new positions — a net loss of 23 holders — while 117 trimmed existing stakes and 66 added.
The largest buyer was UBS O'Connor, opening a new position worth an estimated $163M. The largest seller was Clarkston Capital Partners, exiting entirely with an estimated $168M sold.
- 320 institutional investors held Legg Mason, Inc. (LM) as of Q1 2020, down from 347 in Q4 2019.
- Funds reported $4.4B of Legg Mason, Inc. stock for Q1 2020, up 63% quarter-over-quarter.
- 82 funds opened new Legg Mason, Inc. positions in Q1 2020 and 105 closed out, a net change of -23 holders.
- The largest Legg Mason, Inc. buyer in Q1 2020 was UBS O'Connor, an estimated $163M added.
- The largest Legg Mason, Inc. seller in Q1 2020 was Clarkston Capital Partners, an estimated $168M sold.
Based on aggregated 13F filings for Q1 2020.