Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
390 hedge funds and large institutions have $5.01B invested in Legg Mason, Inc. in 2015 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 135 increasing their positions, 140 reducing their positions, and 28 closing their positions.
71% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 28
25% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $9.22M
4% more funds holding
Funds holding: 374 → 390 (+16)
4% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 140
6% less capital invested
Capital invested by funds: $5.34B → $5.01B (-$330M)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$69.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$66M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$47.5M |
| 4 |
Renaissance Technologies
New York
|
+$34.2M |
| 5 |
Two Sigma Investments
New York
|
+$32.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFM
Trian Fund Management
New York
|
-$99.5M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$56.3M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$49.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$47.5M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
-$43.5M |
LM Hedge Fund Activity: Q2 2015 in Review
390 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q2 2015, worth a combined $5.01B — down 6.2% from $5.34B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new LM positions and 28 closed out — a net gain of 20 holders — while 135 added to existing stakes and 140 trimmed.
The largest buyer was Millennium Management, adding an estimated $69.8M. The largest seller was Trian Fund Management, cutting an estimated $99.5M.
- 390 institutional investors held Legg Mason, Inc. (LM) as of Q2 2015, up from 374 in Q1 2015.
- Funds reported $5.01B of Legg Mason, Inc. stock for Q2 2015, down 6.2% quarter-over-quarter.
- 48 funds opened new Legg Mason, Inc. positions in Q2 2015 and 28 closed out, a net change of +20 holders.
- The largest Legg Mason, Inc. buyer in Q2 2015 was Millennium Management, an estimated $69.8M added.
- The largest Legg Mason, Inc. seller in Q2 2015 was Trian Fund Management, an estimated $99.5M sold.
Based on aggregated 13F filings for Q2 2015.