La-Z-Boy
LZB
169 hedge funds and large institutions have $1.2B invested in La-Z-Boy in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 61 increasing their positions, 67 reducing their positions, and 37 closing their positions.
3% more call options, than puts
Call options by funds: $2.41M | Put options by funds: $2.34M
0.01% more ownership
Funds ownership: 84.78% → 84.78% (+0.01%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
9% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 67
8% less funds holding
Funds holding: 183 → 169 (-14)
13% less capital invested
Capital invested by funds: $1.38B → $1.2B (-$179M)
38% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$20.4M |
| 2 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$17.4M |
| 3 |
GAM
Gotham Asset Management
New York
|
+$12.5M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$11.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$10.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$21.4M |
| 2 |
JP Morgan Chase
New York
|
-$14.9M |
| 3 |
Morgan Stanley
New York
|
-$11.3M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$10.2M |
| 5 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
SG Americas Securities
New York
| – | -$180K | -5,816 | Closed |
|
|
PG
202
PEAK6 Group
Chicago,
Illinois
| – | -$172K | -5,545 | Closed |
|
|
AP
203
Advisors Preferred
Rockville,
Maryland
| – | -$131K | -4,252 | Closed |
|
|
PCM
204
Prelude Capital Management
New York
| – | -$92K | -2,983 | Closed |
|
205
Parallax Volatility Advisers
San Francisco,
California
| – | -$11K | -404 | Closed |
|
|
WA
206
WFG Advisors
Dallas,
Texas
| – | -$2K | -50 | Closed |
|
LZB Hedge Fund Activity: Q1 2014 in Review
169 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2014, worth a combined $1.2B — down 13% from $1.38B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of LZB and 23 opened new positions — a net loss of 14 holders — while 67 trimmed existing stakes and 61 added.
The largest buyer was State Street, adding an estimated $20.4M. The largest seller was Rainier Investment Management, exiting entirely with an estimated $21.4M sold.
- 169 institutional investors held La-Z-Boy (LZB) as of Q1 2014, down from 183 in Q4 2013.
- Funds reported $1.2B of La-Z-Boy stock for Q1 2014, down 13% quarter-over-quarter.
- 23 funds opened new La-Z-Boy positions in Q1 2014 and 37 closed out, a net change of -14 holders.
- The largest La-Z-Boy buyer in Q1 2014 was State Street, an estimated $20.4M added.
- The largest La-Z-Boy seller in Q1 2014 was Rainier Investment Management, an estimated $21.4M sold.
Based on aggregated 13F filings for Q1 2014.