La-Z-Boy
LZB
207 hedge funds and large institutions have $1.32B invested in La-Z-Boy in 2016 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 72 increasing their positions, 76 reducing their positions, and 24 closing their positions.
356% more call options, than puts
Call options by funds: $5.01M | Put options by funds: $1.1M
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
26% more capital invested
Capital invested by funds: $1.05B → $1.32B (+$275M)
4% more funds holding
Funds holding: 200 → 207 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 76
1.22% less ownership
Funds ownership: 88.34% → 87.12% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$14.3M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$10.6M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
+$6.98M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$5.63M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$5.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$33.6M |
| 2 |
Renaissance Technologies
New York
|
-$8.36M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
-$7.11M |
| 4 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
-$6.65M |
| 5 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$6.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
226
Meeder Asset Management
Dublin,
Ohio
| – | -$88K | -3,574 | Closed |
|
227
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -543 | Closed |
|
|
FPFS
228
First Personal Financial Services
Charlotte,
North Carolina
| – | -$10K | -415 | Closed |
|
229
Parallax Volatility Advisers
San Francisco,
California
| – | -$11.2K | -412 | Closed |
|
230
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$9K | -349 | Closed |
|
|
ACH
231
ArrowMark Colorado Holdings
Denver,
Colorado
| – | -$2K | -101 | Closed |
|
LZB Hedge Fund Activity: Q4 2016 in Review
207 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q4 2016, worth a combined $1.32B — up 26% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new LZB positions and 24 closed out — a net gain of 10 holders — while 72 added to existing stakes and 76 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $14.3M. The largest seller was Glenmede Trust, cutting an estimated $33.6M.
- 207 institutional investors held La-Z-Boy (LZB) as of Q4 2016, up from 200 in Q3 2016.
- Funds reported $1.32B of La-Z-Boy stock for Q4 2016, up 26% quarter-over-quarter.
- 34 funds opened new La-Z-Boy positions in Q4 2016 and 24 closed out, a net change of +10 holders.
- The largest La-Z-Boy buyer in Q4 2016 was BlackRock Fund Advisors, an estimated $14.3M added.
- The largest La-Z-Boy seller in Q4 2016 was Glenmede Trust, an estimated $33.6M sold.
Based on aggregated 13F filings for Q4 2016.