Legg Mason, Inc.
LM
LM was delisted on the 31st of July, 2020.
359 hedge funds and large institutions have $3.15B invested in Legg Mason, Inc. in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 127 increasing their positions, 106 reducing their positions, and 39 closing their positions.
83% more call options, than puts
Call options by funds: $10.6M | Put options by funds: $5.77M
41% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 39
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
20% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 106
3% more funds holding
Funds holding: 349 → 359 (+10)
4% less capital invested
Capital invested by funds: $3.27B → $3.15B (-$120M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$41.4M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$30.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.2M |
| 4 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$19.6M |
| 5 |
MSL
Mackay Shields LLC
New York
|
+$18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$82.2M |
| 2 |
Millennium Management
New York
|
-$56.8M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$16.8M |
| 4 |
Two Sigma Investments
New York
|
-$15M |
| 5 |
Axa
Paris,
France
|
-$15M |
LM Hedge Fund Activity: Q1 2018 in Review
359 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Legg Mason, Inc. (LM) for Q1 2018, worth a combined $3.15B — down 3.7% from $3.27B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new LM positions and 39 closed out — a net gain of 16 holders — while 127 added to existing stakes and 106 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $41.4M. The largest seller was Invesco, cutting an estimated $82.2M.
- 359 institutional investors held Legg Mason, Inc. (LM) as of Q1 2018, up from 349 in Q4 2017.
- Funds reported $3.15B of Legg Mason, Inc. stock for Q1 2018, down 3.7% quarter-over-quarter.
- 55 funds opened new Legg Mason, Inc. positions in Q1 2018 and 39 closed out, a net change of +16 holders.
- The largest Legg Mason, Inc. buyer in Q1 2018 was Fidelity Investments, an estimated $41.4M added.
- The largest Legg Mason, Inc. seller in Q1 2018 was Invesco, an estimated $82.2M sold.
Based on aggregated 13F filings for Q1 2018.