La-Z-Boy
LZB
161 hedge funds and large institutions have $1.26B invested in La-Z-Boy in 2015 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 57 reducing their positions, and 29 closing their positions.
6% more capital invested
Capital invested by funds: $1.19B → $1.26B (+$68.7M)
1.86% more ownership
Funds ownership: 85.93% → 87.78% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 57
7% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 29
2% less funds holding
Funds holding: 164 → 161 (-3)
17% less call options, than puts
Call options by funds: $672K | Put options by funds: $812K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$33.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$19.5M |
| 3 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$12.2M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$10.7M |
| 5 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$6.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWAM
Columbia Wanger Asset Management
Chicago,
Illinois
|
-$21.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$14.5M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$10.8M |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$7.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$6.81M |
LZB Hedge Fund Activity: Q1 2015 in Review
161 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2015, worth a combined $1.26B — up 5.8% from $1.19B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of LZB and 27 opened new positions — a net loss of 2 holders — while 57 trimmed existing stakes and 54 added.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $33.7M. The largest seller was Columbia Wanger Asset Management, exiting entirely with an estimated $21.4M sold.
- 161 institutional investors held La-Z-Boy (LZB) as of Q1 2015, down from 164 in Q4 2014.
- Funds reported $1.26B of La-Z-Boy stock for Q1 2015, up 5.8% quarter-over-quarter.
- 27 funds opened new La-Z-Boy positions in Q1 2015 and 29 closed out, a net change of -2 holders.
- The largest La-Z-Boy buyer in Q1 2015 was Adage Capital Partners, an estimated $33.7M added.
- The largest La-Z-Boy seller in Q1 2015 was Columbia Wanger Asset Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q1 2015.