La-Z-Boy
200 hedge funds and large institutions have $1.05B invested in La-Z-Boy in 2016 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 70 increasing their positions, 76 reducing their positions, and 30 closing their positions.
0.77% more ownership
Funds ownership: 87.57% → 88.34% (+0.77%)
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
8% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 76
1% less funds holding
Funds holding: 203 → 200 (-3)
12% less capital invested
Capital invested by funds: $1.19B → $1.05B (-$145M)
50% less call options, than puts
Call options by funds: $693K | Put options by funds: $1.38M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$23.4M |
| 2 |
Morgan Stanley
New York
|
+$8.95M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$6.57M |
| 4 |
Renaissance Technologies
New York
|
+$6.07M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$4.73M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Group One Trading
Chicago,
Illinois
| – | -$36.6K | -1,300 | Closed |
|
|
PAM
227
Paradigm Asset Management
New York
| – | -$22.3K | -800 | Closed |
|
|
FHA
228
First Horizon Advisors
Memphis,
Tennessee
| – | -$12K | -426 | Closed |
|
LZB Hedge Fund Activity: Q3 2016 in Review
200 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q3 2016, worth a combined $1.05B — down 12% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LZB and 28 opened new positions — a net loss of 2 holders — while 76 trimmed existing stakes and 70 added.
The largest buyer was Wellington Management Group, adding an estimated $23.4M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $16.2M.
- 200 institutional investors held La-Z-Boy (LZB) as of Q3 2016, down from 203 in Q2 2016.
- Funds reported $1.05B of La-Z-Boy stock for Q3 2016, down 12% quarter-over-quarter.
- 28 funds opened new La-Z-Boy positions in Q3 2016 and 30 closed out, a net change of -2 holders.
- The largest La-Z-Boy buyer in Q3 2016 was Wellington Management Group, an estimated $23.4M added.
- The largest La-Z-Boy seller in Q3 2016 was Vaughan Nelson Investment Management, an estimated $16.2M sold.
Based on aggregated 13F filings for Q3 2016.