La-Z-Boy
210 hedge funds and large institutions have $1.16B invested in La-Z-Boy in 2020 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 66 increasing their positions, 83 reducing their positions, and 26 closing their positions.
34% more capital invested
Capital invested by funds: $871M → $1.16B (+$292M)
19% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 26
2% more funds holding
Funds holding: 205 → 210 (+5)
1.62% more ownership
Funds ownership: 92.06% → 93.68% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
20% less repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 83
79% less call options, than puts
Call options by funds: $1.01M | Put options by funds: $4.74M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$10.2M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.47M |
| 3 |
BlackRock
New York
|
+$6.37M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.09M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.71M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$4.54M |
| 3 |
MC
Maverick Capital
Dallas,
Texas
|
-$3.91M |
| 4 |
Bank of New York Mellon
New York
|
-$2.99M |
| 5 |
Goldman Sachs
New York
|
-$2.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Lazard Asset Management
New York
| – | -$47K | -2,308 | Closed |
|
|
AIM
227
Aigen Investment Management
New York
| – | -$29K | -1,388 | Closed |
|
|
NFG
228
Next Financial Group
Houston,
Texas
| – | -$10K | -500 | Closed |
|
|
PCM
229
Prelude Capital Management
New York
| – | -$8K | -394 | Closed |
|
|
SF
230
Synovus Financial
Columbus,
Georgia
| – | -$8K | -339 | Closed |
|
|
ASN
231
Advisory Services Network
Atlanta,
Georgia
| – | -$3K | -128 | Closed |
|
|
LWA
232
Lenox Wealth Advisors
New York
| – | -$1K | -54 | Closed |
|
|
TWP
233
TFO Wealth Partners
Maumee,
Ohio
| – | -$1K | -50 | Closed |
|
|
FGAM
234
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$193 | -9 | Closed |
|
|
GWS
235
Glassman Wealth Services
Vienna,
Virginia
| – | +$120 | +5 | New |
|
LZB Hedge Fund Activity: Q2 2020 in Review
210 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2020, worth a combined $1.16B — up 34% from $871M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new LZB positions and 26 closed out — a net gain of 5 holders — while 66 added to existing stakes and 83 trimmed.
The largest buyer was LSV Asset Management, adding an estimated $10.2M. The largest seller was Bank of America, cutting an estimated $4.71M.
- 210 institutional investors held La-Z-Boy (LZB) as of Q2 2020, up from 205 in Q1 2020.
- Funds reported $1.16B of La-Z-Boy stock for Q2 2020, up 34% quarter-over-quarter.
- 31 funds opened new La-Z-Boy positions in Q2 2020 and 26 closed out, a net change of +5 holders.
- The largest La-Z-Boy buyer in Q2 2020 was LSV Asset Management, an estimated $10.2M added.
- The largest La-Z-Boy seller in Q2 2020 was Bank of America, an estimated $4.71M sold.
Based on aggregated 13F filings for Q2 2020.