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LM

Legg Mason, Inc.
LM

Delisted

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

319 hedge funds and large institutions have $2.68B invested in Legg Mason, Inc. in 2016 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 85 increasing their positions, 129 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $2.42B → $2.68B (+$258M)

7% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 43

2% less funds holding

Funds holding: 325319 (-6)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

25% less call options, than puts

Call options by funds: $5.07M | Put options by funds: $6.73M

34% less repeat investments, than reductions

Existing positions increased: 85 | Existing positions reduced: 129

Holders
319
Holders Change
-6
Holders Change %
-1.85%
% of All Funds
8.51%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
40
Increased
85
Reduced
129
Closed
43
Calls
$5.07M
Puts
$6.73M
Net Calls
-$1.66M
Net Calls Change
+$6.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$278M -$9.72M -291,800 -3%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$148M +$70M +2,101,439 +91%
FPA
3
First Pacific Advisors
California
$134M +$306K +9,200 +0.2%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$130M +$73.2M +2,197,079 +130%
GI
5
GAMCO Investors
Connecticut
$125M -$2.97M -89,186 -2%
State Street
6
State Street
Massachusetts
$121M -$6.67M -200,264 -5%
Invesco
7
Invesco
Georgia
$105M +$10.4M +313,564 +11%
Dimensional Fund Advisors
8
Dimensional Fund Advisors
Texas
$98.6M +$1.62M +48,648 +2%
BIT
9
BlackRock Institutional Trust
California
$88.5M -$6.11M -183,390 -6%
CCP
10
Clarkston Capital Partners
Michigan
$87.5M +$4.56M +136,780 +6%
JP Morgan Chase
11
JP Morgan Chase
New York
$60.2M -$20.7M -622,663 -26%
GF
12
Gabelli Funds
New York
$59.4M -$300K -9,000 -0.5%
BFA
13
BlackRock Fund Advisors
California
$54.4M -$84.4K -2,534 -0.2%
Goldman Sachs
14
Goldman Sachs
New York
$53.4M +$8.27M +248,293 +18%
State of New Jersey Common Pension Fund D
15
State of New Jersey Common Pension Fund D
New Jersey
$42.9M +$666K +20,000 +2%
Bank of America
16
Bank of America
North Carolina
$42.4M +$5.09M +152,827 +14%
JCM
17
Junto Capital Management
New York
$38.2M -$11.2M -337,548 -23%
Millennium Management
18
Millennium Management
New York
$36.6M -$23.5M -704,663 -39%
T. Rowe Price Associates
19
T. Rowe Price Associates
Maryland
$35.7M +$384K +11,530 +1%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$31.5M -$785K -23,563 -2%
Northern Trust
21
Northern Trust
Illinois
$31.4M -$2.15M -64,432 -6%
Bank of New York Mellon
22
Bank of New York Mellon
New York
$29.2M -$854K -25,628 -3%
Geode Capital Management
23
Geode Capital Management
Massachusetts
$28.9M -$2.95M -88,479 -9%
SIA
24
Sit Investment Associates
Minnesota
$28.1M -$3.54M -106,425 -11%
Adage Capital Partners
25
Adage Capital Partners
Massachusetts
$27.1M +$6.48M +194,500 +32%

LM Hedge Fund Activity: Q3 2016 in Review

319 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q3 2016, worth a combined $2.68B — up 11% from $2.42B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of LM and 40 opened new positions — a net loss of 3 holders — while 129 trimmed existing stakes and 85 added.

The largest buyer was Wellington Management Group, adding an estimated $73.2M. The largest seller was Citadel Advisors, cutting an estimated $55.2M.

  • 319 institutional investors held Legg Mason, Inc. (LM) as of Q3 2016, down from 325 in Q2 2016.
  • Funds reported $2.68B of Legg Mason, Inc. stock for Q3 2016, up 11% quarter-over-quarter.
  • 40 funds opened new Legg Mason, Inc. positions in Q3 2016 and 43 closed out, a net change of -3 holders.
  • The largest Legg Mason, Inc. buyer in Q3 2016 was Wellington Management Group, an estimated $73.2M added.
  • The largest Legg Mason, Inc. seller in Q3 2016 was Citadel Advisors, an estimated $55.2M sold.

Based on aggregated 13F filings for Q3 2016.