La-Z-Boy
LZB
208 hedge funds and large institutions have $1.3B invested in La-Z-Boy in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 60 increasing their positions, 74 reducing their positions, and 20 closing their positions.
100% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 20
15% more capital invested
Capital invested by funds: $1.13B → $1.3B (+$166M)
11% more funds holding
Funds holding: 188 → 208 (+20)
0.67% more ownership
Funds ownership: 87.44% → 88.11% (+0.67%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 74
51% less call options, than puts
Call options by funds: $1.15M | Put options by funds: $2.36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$21.3M |
| 2 |
AP
AHL Partners
London,
United Kingdom
|
+$10.1M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.29M |
| 4 |
BlackRock
New York
|
+$4.28M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$25.8M |
| 2 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
-$11.5M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$10M |
| 4 |
Millennium Management
New York
|
-$6.54M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -94 | Closed |
|
|
VCM
227
Virtue Capital Management
Brentwood,
Tennessee
| – | +$115 | +4 | New |
|
228
AssetMark Inc
Concord,
California
| – | +$433 | +15 | New |
|
LZB Hedge Fund Activity: Q4 2017 in Review
208 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q4 2017, worth a combined $1.3B — up 15% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new LZB positions and 20 closed out — a net gain of 20 holders — while 60 added to existing stakes and 74 trimmed.
The largest buyer was Royce & Associates, adding an estimated $21.3M. The largest seller was Invesco, cutting an estimated $25.8M.
- 208 institutional investors held La-Z-Boy (LZB) as of Q4 2017, up from 188 in Q3 2017.
- Funds reported $1.3B of La-Z-Boy stock for Q4 2017, up 15% quarter-over-quarter.
- 40 funds opened new La-Z-Boy positions in Q4 2017 and 20 closed out, a net change of +20 holders.
- The largest La-Z-Boy buyer in Q4 2017 was Royce & Associates, an estimated $21.3M added.
- The largest La-Z-Boy seller in Q4 2017 was Invesco, an estimated $25.8M sold.
Based on aggregated 13F filings for Q4 2017.