La-Z-Boy
172 hedge funds and large institutions have $1.17B invested in La-Z-Boy in 2015 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 66 increasing their positions, 59 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
12% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 59
7% more funds holding
Funds holding: 161 → 172 (+11)
0.02% more ownership
Funds ownership: 87.78% → 87.8% (+0.02%)
8% less capital invested
Capital invested by funds: $1.26B → $1.17B (-$96.7M)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
49% less call options, than puts
Call options by funds: $576K | Put options by funds: $1.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$26.7M |
| 2 |
Renaissance Technologies
New York
|
+$5.51M |
| 3 |
Millennium Management
New York
|
+$4.81M |
| 4 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$4.3M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$29.7M |
| 2 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$14.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$8.19M |
| 4 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$6.31M |
| 5 |
QI
QS Investors
New York
|
-$3.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPC
176
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$340K | -12,098 | Closed |
|
177
ProShare Advisors
Bethesda,
Maryland
| – | -$323K | -11,486 | Closed |
|
|
CSS
178
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$260K | -9,240 | Closed |
|
179
Two Sigma Advisers
New York
| – | -$245K | -8,719 | Closed |
|
|
IC
180
Intersect Capital
San Ramon,
California
| – | -$3K | -125 | Closed |
|
|
PIA
181
Piedmont Investment Advisors
Durham,
North Carolina
| – | -$2.33K | -83 | Closed |
|
|
MFS
182
MSI Financial Services
Springfield,
Massachusetts
| – | +$135 | +5 | New |
|
LZB Hedge Fund Activity: Q2 2015 in Review
172 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2015, worth a combined $1.17B — down 7.7% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new LZB positions and 11 closed out — a net gain of 11 holders — while 66 added to existing stakes and 59 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $26.7M. The largest seller was Franklin Resources, cutting an estimated $29.7M.
- 172 institutional investors held La-Z-Boy (LZB) as of Q2 2015, up from 161 in Q1 2015.
- Funds reported $1.17B of La-Z-Boy stock for Q2 2015, down 7.7% quarter-over-quarter.
- 22 funds opened new La-Z-Boy positions in Q2 2015 and 11 closed out, a net change of +11 holders.
- The largest La-Z-Boy buyer in Q2 2015 was Wellington Management Group, an estimated $26.7M added.
- The largest La-Z-Boy seller in Q2 2015 was Franklin Resources, an estimated $29.7M sold.
Based on aggregated 13F filings for Q2 2015.