La-Z-Boy
171 hedge funds and large institutions have $1.04B invested in La-Z-Boy in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 67 increasing their positions, 61 reducing their positions, and 16 closing their positions.
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
2.12% more ownership
Funds ownership: 84.78% → 86.91% (+2.1%)
1% more funds holding
Funds holding: 169 → 171 (+2)
10% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 61
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
13% less capital invested
Capital invested by funds: $1.2B → $1.04B (-$157M)
50% less call options, than puts
Call options by funds: $1.99M | Put options by funds: $3.94M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$22.1M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$17.4M |
| 3 |
Renaissance Technologies
New York
|
+$9.14M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8M |
| 5 |
SAM
Skyline Asset Management
Chicago,
Illinois
|
+$5.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
-$21.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$11.3M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.44M |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
-$6.26M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$4.82M |
LZB Hedge Fund Activity: Q2 2014 in Review
171 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2014, worth a combined $1.04B — down 13% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LZB positions and 16 closed out — a net gain of 3 holders — while 67 added to existing stakes and 61 trimmed.
The largest buyer was Norges Bank, opening a new position worth an estimated $22.1M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $21.1M sold.
- 171 institutional investors held La-Z-Boy (LZB) as of Q2 2014, up from 169 in Q1 2014.
- Funds reported $1.04B of La-Z-Boy stock for Q2 2014, down 13% quarter-over-quarter.
- 19 funds opened new La-Z-Boy positions in Q2 2014 and 16 closed out, a net change of +3 holders.
- The largest La-Z-Boy buyer in Q2 2014 was Norges Bank, an estimated $22.1M added.
- The largest La-Z-Boy seller in Q2 2014 was OppenheimerFunds, an estimated $21.1M sold.
Based on aggregated 13F filings for Q2 2014.