La-Z-Boy
LZB
225 hedge funds and large institutions have $1.21B invested in La-Z-Boy in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 70 increasing their positions, 92 reducing their positions, and 20 closing their positions.
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
36% more capital invested
Capital invested by funds: $892M → $1.21B (+$319M)
3% more funds holding
Funds holding: 219 → 225 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more ownership
Funds ownership: 97.29% → 97.29% (+0%)
24% less repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 92
32% less call options, than puts
Call options by funds: $2.24M | Put options by funds: $3.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$11.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.2M |
| 3 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$6.37M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.75M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$8.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$5.72M |
| 3 |
Renaissance Technologies
New York
|
-$5.22M |
| 4 |
BlackRock
New York
|
-$4.04M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$3.97M |
LZB Hedge Fund Activity: Q1 2023 in Review
225 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2023, worth a combined $1.21B — up 36% from $892M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new LZB positions and 20 closed out — a net gain of 9 holders — while 70 added to existing stakes and 92 trimmed.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $11.1M. The largest seller was Brown Advisory, cutting an estimated $8.9M.
- 225 institutional investors held La-Z-Boy (LZB) as of Q1 2023, up from 219 in Q4 2022.
- Funds reported $1.21B of La-Z-Boy stock for Q1 2023, up 36% quarter-over-quarter.
- 29 funds opened new La-Z-Boy positions in Q1 2023 and 20 closed out, a net change of +9 holders.
- The largest La-Z-Boy buyer in Q1 2023 was Balyasny Asset Management, an estimated $11.1M added.
- The largest La-Z-Boy seller in Q1 2023 was Brown Advisory, an estimated $8.9M sold.
Based on aggregated 13F filings for Q1 2023.