La-Z-Boy
LZB
163 hedge funds and large institutions have $865M invested in La-Z-Boy in 2014 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 54 increasing their positions, 63 reducing their positions, and 26 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3.62% less ownership
Funds ownership: 86.91% → 83.29% (-3.6%)
5% less funds holding
Funds holding: 171 → 163 (-8)
14% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 63
17% less capital invested
Capital invested by funds: $1.04B → $865M (-$179M)
27% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 26
61% less call options, than puts
Call options by funds: $1.39M | Put options by funds: $3.54M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
+$17.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$15.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$12.3M |
| 4 |
PCMI
Paradigm Capital Management Inc
Albany,
New York
|
+$7.51M |
| 5 |
KCP
Kortright Capital Partners
New York
|
+$7.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$33.2M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$14.4M |
| 3 |
JP Morgan Chase
New York
|
-$12.2M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$9.89M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.45M |
LZB Hedge Fund Activity: Q3 2014 in Review
163 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q3 2014, worth a combined $865M — down 17% from $1.04B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of LZB and 19 opened new positions — a net loss of 7 holders — while 63 trimmed existing stakes and 54 added.
The largest buyer was Franklin Resources, adding an estimated $17.1M. The largest seller was State Street, cutting an estimated $33.2M.
- 163 institutional investors held La-Z-Boy (LZB) as of Q3 2014, down from 171 in Q2 2014.
- Funds reported $865M of La-Z-Boy stock for Q3 2014, down 17% quarter-over-quarter.
- 19 funds opened new La-Z-Boy positions in Q3 2014 and 26 closed out, a net change of -7 holders.
- The largest La-Z-Boy buyer in Q3 2014 was Franklin Resources, an estimated $17.1M added.
- The largest La-Z-Boy seller in Q3 2014 was State Street, an estimated $33.2M sold.
Based on aggregated 13F filings for Q3 2014.