La-Z-Boy
LZB
214 hedge funds and large institutions have $1.41B invested in La-Z-Boy in 2017 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 79 increasing their positions, 64 reducing their positions, and 22 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
23% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 64
22% more capital invested
Capital invested by funds: $1.15B → $1.41B (+$259M)
9% more funds holding
Funds holding: 197 → 214 (+17)
2.45% more ownership
Funds ownership: 87.52% → 89.97% (+2.4%)
Top Buyers
| 1 |
Boston Partners
Boston,
Massachusetts
|
+$21.4M |
| 2 |
Millennium Management
New York
|
+$17.3M |
| 3 |
Two Sigma Investments
New York
|
+$12.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$9.96M |
| 5 |
JP Morgan Chase
New York
|
+$8.05M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JMPWA
226
JP Morgan Private Wealth Advisors
San Francisco,
California
| – | -$427K | -15,826 | Closed |
|
|
IECM
227
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$405K | -15,000 | Closed |
|
|
OAM
228
Oppenheimer Asset Management
New York
| – | -$322K | -11,910 | Closed |
|
|
VRS
229
Virginia Retirement Systems
Richmond,
Virginia
| – | -$240K | -8,900 | Closed |
|
|
CG
230
Cutler Group
San Francisco,
California
| – | -$101K | -3,597 | Closed |
|
|
AIM
231
Arcadia Investment Management
Kalamazoo,
Michigan
| – | -$36K | -1,325 | Closed |
|
|
FPF
232
FNY Partners Fund
New York
| – | -$18K | -700 | Closed |
|
|
FANJ
233
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$14K | -500 | Closed |
|
|
TRCT
234
Tower Research Capital (TRC)
New York
| – | -$12K | -441 | Closed |
|
235
Creative Planning
Overland Park,
Kansas
| – | -$4K | -134 | Closed |
|
LZB Hedge Fund Activity: Q2 2017 in Review
214 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2017, worth a combined $1.41B — up 22% from $1.15B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new LZB positions and 22 closed out — a net gain of 17 holders — while 79 added to existing stakes and 64 trimmed.
The largest buyer was Boston Partners, opening a new position worth an estimated $21.4M. The largest seller was Balyasny Asset Management, exiting entirely with an estimated $24.1M sold.
- 214 institutional investors held La-Z-Boy (LZB) as of Q2 2017, up from 197 in Q1 2017.
- Funds reported $1.41B of La-Z-Boy stock for Q2 2017, up 22% quarter-over-quarter.
- 39 funds opened new La-Z-Boy positions in Q2 2017 and 22 closed out, a net change of +17 holders.
- The largest La-Z-Boy buyer in Q2 2017 was Boston Partners, an estimated $21.4M added.
- The largest La-Z-Boy seller in Q2 2017 was Balyasny Asset Management, an estimated $24.1M sold.
Based on aggregated 13F filings for Q2 2017.