La-Z-Boy
LZB
205 hedge funds and large institutions have $1.34B invested in La-Z-Boy in 2018 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 74 increasing their positions, 64 reducing their positions, and 28 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 64
6% more capital invested
Capital invested by funds: $1.26B → $1.34B (+$80.7M)
4.56% more ownership
Funds ownership: 89.48% → 94.04% (+4.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 210 → 205 (-5)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
81% less call options, than puts
Call options by funds: $4.88M | Put options by funds: $25.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
+$24.2M |
| 2 |
BlackRock
New York
|
+$17.8M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
+$9.88M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$8.75M |
| 5 |
Morgan Stanley
New York
|
+$8.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$9.54M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$7.46M |
| 3 |
WG
Winton Group
London,
United Kingdom
|
-$5.95M |
| 4 |
Man Group
London,
United Kingdom
|
-$5.76M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$5.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
226
Landscape Capital Management
Englewood,
New Jersey
| – | -$278K | -9,274 | Closed |
|
|
ACI
227
AMP Capital Investors
Sydney,
Australia
| – | -$236K | -7,655 | Closed |
|
|
OSAM
228
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$122K | -4,089 | Closed |
|
229
Walleye Trading
New York
| – | -$105K | -3,413 | Closed |
|
|
PCM
230
Prelude Capital Management
New York
| – | -$39K | -1,300 | Closed |
|
|
GT
231
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$6K | -214 | Closed |
|
|
HR
232
Howe & Rusling
Rochester,
New York
| – | -$4K | -140 | Closed |
|
|
APP
233
Avantax Planning Partners
Dubuque,
Iowa
| – | -$3K | -111 | Closed |
|
LZB Hedge Fund Activity: Q2 2018 in Review
205 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2018, worth a combined $1.34B — up 6.4% from $1.26B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LZB and 24 opened new positions — a net loss of 4 holders — while 64 trimmed existing stakes and 74 added.
The largest buyer was Allianz Asset Management, opening a new position worth an estimated $24.2M. The largest seller was Millennium Management, exiting entirely with an estimated $9.54M sold.
- 205 institutional investors held La-Z-Boy (LZB) as of Q2 2018, down from 210 in Q1 2018.
- Funds reported $1.34B of La-Z-Boy stock for Q2 2018, up 6.4% quarter-over-quarter.
- 24 funds opened new La-Z-Boy positions in Q2 2018 and 28 closed out, a net change of -4 holders.
- The largest La-Z-Boy buyer in Q2 2018 was Allianz Asset Management, an estimated $24.2M added.
- The largest La-Z-Boy seller in Q2 2018 was Millennium Management, an estimated $9.54M sold.
Based on aggregated 13F filings for Q2 2018.