La-Z-Boy
192 hedge funds and large institutions have $1.14B invested in La-Z-Boy in 2016 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 76 increasing their positions, 68 reducing their positions, and 12 closing their positions.
125% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 12
12% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 68
8% more funds holding
Funds holding: 177 → 192 (+15)
4% more capital invested
Capital invested by funds: $1.09B → $1.14B (+$48.1M)
2.53% less ownership
Funds ownership: 89.11% → 86.58% (-2.5%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
70% less call options, than puts
Call options by funds: $262K | Put options by funds: $879K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$23.8M |
| 2 |
WC
Walthausen & Co
Malta,
New York
|
+$6.53M |
| 3 |
Two Sigma Investments
New York
|
+$5.7M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$3.61M |
| 5 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$29.4M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$22.3M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$15.6M |
| 4 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$15M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$7.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
201
Raymond James & Associates
St Petersburg,
Florida
| – | -$287K | -11,769 | Closed |
|
202
ProShare Advisors
Bethesda,
Maryland
| – | -$212K | -8,699 | Closed |
|
|
ADL
203
Asset Dedication LLC
San Francisco,
California
| – | -$11K | -459 | Closed |
|
|
IA
204
IFP Advisors
Tampa,
Florida
| – | -$8K | -310 | Closed |
|
205
Creative Planning
Overland Park,
Kansas
| – | -$1.29K | -55 | -85% |
|
LZB Hedge Fund Activity: Q1 2016 in Review
192 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2016, worth a combined $1.14B — up 4.4% from $1.09B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LZB positions and 12 closed out — a net gain of 15 holders — while 76 added to existing stakes and 68 trimmed.
The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $23.8M. The largest seller was Victory Capital Management, cutting an estimated $29.4M.
- 192 institutional investors held La-Z-Boy (LZB) as of Q1 2016, up from 177 in Q4 2015.
- Funds reported $1.14B of La-Z-Boy stock for Q1 2016, up 4.4% quarter-over-quarter.
- 27 funds opened new La-Z-Boy positions in Q1 2016 and 12 closed out, a net change of +15 holders.
- The largest La-Z-Boy buyer in Q1 2016 was Vaughan Nelson Investment Management, an estimated $23.8M added.
- The largest La-Z-Boy seller in Q1 2016 was Victory Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2016.