La-Z-Boy
159 hedge funds and large institutions have $1.06B invested in La-Z-Boy in 2013 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 60 increasing their positions, 57 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
93% more call options, than puts
Call options by funds: $1.32M | Put options by funds: $686K
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
18% more capital invested
Capital invested by funds: $901M → $1.06B (+$161M)
4.05% more ownership
Funds ownership: 85.08% → 89.13% (+4.1%)
3% more funds holding
Funds holding: 154 → 159 (+5)
5% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$26.6M |
| 2 |
O
OppenheimerFunds
New York
|
+$25.5M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$23.3M |
| 4 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$8.56M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$5.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KeyBank National Association
Cleveland,
Ohio
|
-$23.8M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$11.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$10.3M |
| 4 |
RA
Royce & Associates
New York
|
-$7.19M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
-$6.89M |
LZB Hedge Fund Activity: Q3 2013 in Review
159 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q3 2013, worth a combined $1.06B — up 18% from $901M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new LZB positions and 16 closed out — a net gain of 7 holders — while 60 added to existing stakes and 57 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $26.6M. The largest seller was KeyBank National Association, cutting an estimated $23.8M.
- 159 institutional investors held La-Z-Boy (LZB) as of Q3 2013, up from 154 in Q2 2013.
- Funds reported $1.06B of La-Z-Boy stock for Q3 2013, up 18% quarter-over-quarter.
- 23 funds opened new La-Z-Boy positions in Q3 2013 and 16 closed out, a net change of +7 holders.
- The largest La-Z-Boy buyer in Q3 2013 was JP Morgan Chase, an estimated $26.6M added.
- The largest La-Z-Boy seller in Q3 2013 was KeyBank National Association, an estimated $23.8M sold.
Based on aggregated 13F filings for Q3 2013.