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La-Z-Boy

159 hedge funds and large institutions have $1.04B invested in La-Z-Boy in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

93% more call options, than puts

Call options by funds: $1.32M | Put options by funds: $686K

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

16% more capital invested

Capital invested by funds: $894M → $1.04B (+$141M)

3% more funds holding

Funds holding: 154159 (+5)

1.94% more ownership

Funds ownership: 85.08%87.02% (+1.9%)

5% more repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 57

Holders
159
Holders Change
+5
Holders Change %
+3.25%
% of All Funds
5.16%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
23
Increased
60
Reduced
57
Closed
16
Calls
$1.32M
Puts
$686K
Net Calls
+$639K
Net Calls Change
-$549K
Name Holding Trade Value Shares
Change
Change in
Stake
MBT
51
Monroe Bank & Trust
Michigan
$2.94M +$6.51K +300 +0.2%
Public Sector Pension Investment Board (PSP Investments)
52
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$2.88M +$602K +27,700 +28%
New York State Common Retirement Fund
53
New York State Common Retirement Fund
New York
$2.78M
PPA
54
Parametric Portfolio Associates
Washington
$2.44M -$17.5K -808 -0.7%
CRCP
55
Copper Rock Capital Partners
Massachusetts
$2.29M -$4.71K -217 -0.2%
Balyasny Asset Management
56
Balyasny Asset Management
Illinois
$2.24M +$2.15M +98,784 New
Bank of Montreal
57
Bank of Montreal
Ontario, Canada
$2.24M +$2.12M +97,715 +10,918%
California State Teachers Retirement System (CalSTRS)
58
California State Teachers Retirement System (CalSTRS)
California
$2.14M +$64.1K +2,951 +3%
JIR
59
James Investment Research
Ohio
$2.02M -$179K -8,240 -8%
KCM
60
Kennedy Capital Management
Missouri
$1.93M -$18K -830 -1%
RhumbLine Advisers
61
RhumbLine Advisers
Massachusetts
$1.92M -$32K -1,473 -2%
AQR Capital Management
62
AQR Capital Management
Connecticut
$1.9M -$5.67M -261,304 -76%
AllianceBernstein
63
AllianceBernstein
Tennessee
$1.9M -$310K -14,259 -15%
HI
64
HBK Investments
Texas
$1.89M +$1.13M +52,202 +169%
KeyBank National Association
65
KeyBank National Association
Ohio
$1.74M -$23.8M -1,096,724 -93%
TA
66
Teachers Advisors
New York
$1.7M +$84.2K +3,876 +5%
GC
67
Guggenheim Capital
Illinois
$1.67M +$259K +11,945 +19%
State Board of Administration of Florida Retirement System
68
State Board of Administration of Florida Retirement System
Florida
$1.48M +$36.2K +1,665 +3%
First Trust Advisors
69
First Trust Advisors
Illinois
$1.42M +$399K +18,397 +42%
CS
70
Credit Suisse
Switzerland
$1.38M -$199K -9,158 -13%
BG
71
BlackRock Group
United Kingdom
$1.38M +$226K +10,426 +21%
Bank of America
72
Bank of America
North Carolina
$1.35M -$1.03M -47,660 -44%
Comerica Bank
73
Comerica Bank
Texas
$1.31M +$34.4K +1,583 +3%
TPSF
74
Texas Permanent School Fund
Texas
$1.26M -$69.2K -3,186 -5%
AG
75
Algert Global
California
$1.25M -$67.5K -3,110 -5%

LZB Hedge Fund Activity: Q3 2013 in Review

159 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q3 2013, worth a combined $1.04B — up 16% from $894M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new LZB positions and 16 closed out — a net gain of 7 holders — while 60 added to existing stakes and 57 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $26.6M. The largest seller was KeyBank National Association, cutting an estimated $23.8M.

  • 159 institutional investors held La-Z-Boy (LZB) as of Q3 2013, up from 154 in Q2 2013.
  • Funds reported $1.04B of La-Z-Boy stock for Q3 2013, up 16% quarter-over-quarter.
  • 23 funds opened new La-Z-Boy positions in Q3 2013 and 16 closed out, a net change of +7 holders.
  • The largest La-Z-Boy buyer in Q3 2013 was JP Morgan Chase, an estimated $26.6M added.
  • The largest La-Z-Boy seller in Q3 2013 was KeyBank National Association, an estimated $23.8M sold.

Based on aggregated 13F filings for Q3 2013.