LogMein, Inc.
LOGM
LOGM was delisted on the 28th of August, 2020.
396 hedge funds and large institutions have $5.78B invested in LogMein, Inc. in 2017 Q3 according to their latest regulatory filings, with 44 funds opening new positions, 153 increasing their positions, 123 reducing their positions, and 43 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 123
9% more capital invested
Capital invested by funds: $5.31B → $5.78B (+$469M)
8% more funds holding in top 10
Funds holding in top 10: 12 → 13 (+1)
2% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 43
1% less funds holding
Funds holding: 399 → 396 (-3)
37% less call options, than puts
Call options by funds: $7.13M | Put options by funds: $11.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$97.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$74M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$73.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$62.6M |
| 5 |
Millennium Management
New York
|
+$44.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EM
Elliott Management
New York
|
-$70.5M |
| 2 |
ClearBridge Investments
New York
|
-$62.4M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
-$40.1M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
-$28.3M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
-$23.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
426
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$5K | -52 | Closed |
|
|
RA
427
Royce & Associates
New York
| – | -$4K | -37 | Closed |
|
|
FC
428
Ferris Capital
Marlborough,
Massachusetts
| – | -$1K | -14 | Closed |
|
|
MFBTD
429
MB Financial Bank - Trust Department
Rosemont,
Illinois
| – | -$1K | -12 | Closed |
|
|
IWM
430
IHT Wealth Management
Chicago,
Illinois
| – | +$336 | +3 | New |
|
|
PWM
431
Perigon Wealth Management
San Francisco,
California
| – | +$336 | +3 | New |
|
|
CIM
432
Contravisory Investment Management
Norwell,
Massachusetts
| – | +$449 | +4 | New |
|
LOGM Hedge Fund Activity: Q3 2017 in Review
396 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in LogMein, Inc. (LOGM) for Q3 2017, worth a combined $5.78B — up 8.8% from $5.31B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new LOGM positions and 43 closed out — a net gain of 1 holder — while 153 added to existing stakes and 123 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $97.4M. The largest seller was Elliott Management, exiting entirely with an estimated $70.5M sold.
- 396 institutional investors held LogMein, Inc. (LOGM) as of Q3 2017, down from 399 in Q2 2017.
- Funds reported $5.78B of LogMein, Inc. stock for Q3 2017, up 8.8% quarter-over-quarter.
- 44 funds opened new LogMein, Inc. positions in Q3 2017 and 43 closed out, a net change of +1 holder.
- The largest LogMein, Inc. buyer in Q3 2017 was Fidelity Investments, an estimated $97.4M added.
- The largest LogMein, Inc. seller in Q3 2017 was Elliott Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q3 2017.