Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
311 hedge funds and large institutions have $2.44B invested in Legg Mason, Inc. in 2016 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 107 increasing their positions, 97 reducing their positions, and 66 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 97
8% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 66
3% less funds holding
Funds holding: 320 → 311 (-9)
10% less capital invested
Capital invested by funds: $2.69B → $2.44B (-$256M)
17% less call options, than puts
Call options by funds: $5.52M | Put options by funds: $6.69M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$68.3M |
| 2 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$36.9M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$34.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$30.4M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$28.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$50.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$48.4M |
| 3 |
JCM
Junto Capital Management
New York
|
-$38.2M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$37.4M |
| 5 |
Millennium Management
New York
|
-$36.6M |
LM Hedge Fund Activity: Q4 2016 in Review
311 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q4 2016, worth a combined $2.44B — down 9.5% from $2.69B a quarter earlier.
Sellers outnumbered buyers: 66 funds closed out of LM and 61 opened new positions — a net loss of 5 holders — while 97 trimmed existing stakes and 107 added.
The largest buyer was BlackRock Fund Advisors, adding an estimated $68.3M. The largest seller was JP Morgan Chase, cutting an estimated $50.8M.
- 311 institutional investors held Legg Mason, Inc. (LM) as of Q4 2016, down from 320 in Q3 2016.
- Funds reported $2.44B of Legg Mason, Inc. stock for Q4 2016, down 9.5% quarter-over-quarter.
- 61 funds opened new Legg Mason, Inc. positions in Q4 2016 and 66 closed out, a net change of -5 holders.
- The largest Legg Mason, Inc. buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $68.3M added.
- The largest Legg Mason, Inc. seller in Q4 2016 was JP Morgan Chase, an estimated $50.8M sold.
Based on aggregated 13F filings for Q4 2016.