Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
303 hedge funds and large institutions have $3.05B invested in Legg Mason, Inc. in 2017 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 109 increasing their positions, 107 reducing their positions, and 41 closing their positions.
32% more call options, than puts
Call options by funds: $8.48M | Put options by funds: $6.41M
2% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 107
1% more capital invested
Capital invested by funds: $3.02B → $3.05B (+$23.8M)
5% less funds holding
Funds holding: 320 → 303 (-17)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
34% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCM
Junto Capital Management
New York
|
+$27.3M |
| 2 |
LSV Asset Management
Chicago,
Illinois
|
+$24.4M |
| 3 |
Citigroup
New York
|
+$19.8M |
| 4 |
DGHMC
Dalton, Greiner, Hartman, Maher & Co
New York
|
+$19.6M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.3M |
| 2 |
LCM
Laurion Capital Management
New York
|
-$37.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$20.4M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$19.9M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$16.4M |
LM Hedge Fund Activity: Q3 2017 in Review
303 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q3 2017, worth a combined $3.05B — up 0.79% from $3.02B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LM and 27 opened new positions — a net loss of 14 holders — while 107 trimmed existing stakes and 109 added.
The largest buyer was Junto Capital Management, opening a new position worth an estimated $27.3M. The largest seller was Fidelity Investments, cutting an estimated $39.3M.
- 303 institutional investors held Legg Mason, Inc. (LM) as of Q3 2017, down from 320 in Q2 2017.
- Funds reported $3.05B of Legg Mason, Inc. stock for Q3 2017, up 0.79% quarter-over-quarter.
- 27 funds opened new Legg Mason, Inc. positions in Q3 2017 and 41 closed out, a net change of -14 holders.
- The largest Legg Mason, Inc. buyer in Q3 2017 was Junto Capital Management, an estimated $27.3M added.
- The largest Legg Mason, Inc. seller in Q3 2017 was Fidelity Investments, an estimated $39.3M sold.
Based on aggregated 13F filings for Q3 2017.