La-Z-Boy
LZB
197 hedge funds and large institutions have $1.15B invested in La-Z-Boy in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 78 reducing their positions, and 28 closing their positions.
295% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $821K
0.4% more ownership
Funds ownership: 87.12% → 87.52% (+0.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 207 → 197 (-10)
11% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 28
13% less capital invested
Capital invested by funds: $1.32B → $1.15B (-$169M)
14% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 78
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$177M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$25.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.82M |
| 4 |
OCG
Opus Capital Group
Cincinnati,
Ohio
|
+$6.98M |
| 5 |
Norges Bank
Oslo,
Norway
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$25.1M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$13.3M |
| 3 |
Morgan Stanley
New York
|
-$7M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$4.3M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$3.81M |
LZB Hedge Fund Activity: Q1 2017 in Review
197 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2017, worth a combined $1.15B — down 13% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of LZB and 25 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 67 added.
The largest buyer was BlackRock, adding an estimated $177M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $25.1M.
- 197 institutional investors held La-Z-Boy (LZB) as of Q1 2017, down from 207 in Q4 2016.
- Funds reported $1.15B of La-Z-Boy stock for Q1 2017, down 13% quarter-over-quarter.
- 25 funds opened new La-Z-Boy positions in Q1 2017 and 28 closed out, a net change of -3 holders.
- The largest La-Z-Boy buyer in Q1 2017 was BlackRock, an estimated $177M added.
- The largest La-Z-Boy seller in Q1 2017 was Vaughan Nelson Investment Management, an estimated $25.1M sold.
Based on aggregated 13F filings for Q1 2017.