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La-Z-Boy

171 hedge funds and large institutions have $1.04B invested in La-Z-Boy in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 67 increasing their positions, 61 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 16

2.12% more ownership

Funds ownership: 84.78%86.91% (+2.1%)

1% more funds holding

Funds holding: 169171 (+2)

10% more repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 61

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

13% less capital invested

Capital invested by funds: $1.2B → $1.04B (-$157M)

50% less call options, than puts

Call options by funds: $1.99M | Put options by funds: $3.94M

Holders
171
Holders Change
+2
Holders Change %
+1.18%
% of All Funds
4.92%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.09%
New
19
Increased
67
Reduced
61
Closed
16
Calls
$1.99M
Puts
$3.94M
Net Calls
-$1.95M
Net Calls Change
-$2.03M
Name Holding Trade Value Shares
Change
Change in
Stake
Franklin Resources
1
Franklin Resources
California
$111M +$17.4M +704,655 +17%
Vanguard Group
2
Vanguard Group
Pennsylvania
$80.5M +$1.23M +49,548 +1%
BFA
3
BlackRock Fund Advisors
California
$62M -$4.82M -195,058 -7%
State Street
4
State Street
Massachusetts
$60.3M -$11.3M -455,060 -15%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$59.6M +$1.34M +54,089 +2%
Invesco
6
Invesco
Georgia
$40.8M +$88.7K +3,588 +0.2%
SAM
7
Silvercrest Asset Management
New York
$34.7M +$4.35M +175,772 +13%
MCM
8
Munder Capital Management
Michigan
$34.7M +$1.66M +66,916 +5%
BIT
9
BlackRock Institutional Trust
California
$33.1M -$537K -21,711 -1%
Victory Capital Management
10
Victory Capital Management
Texas
$26M +$1.39M +56,104 +5%
PCMI
11
Paradigm Capital Management Inc
New York
$25.1M -$135K -5,442 -0.5%
Northern Trust
12
Northern Trust
Illinois
$25M -$1.32M -53,481 -5%
Norges Bank
13
Norges Bank
Norway
$20.7M +$22.1M +894,430 New
SAM
14
Skyline Asset Management
Illinois
$20.4M +$5.96M +241,100 +38%
AI
15
ArchPoint Investors
Florida
$19.8M
VOYA Investment Management
16
VOYA Investment Management
Georgia
$19.3M +$141K +5,716 +0.7%
RA
17
Royce & Associates
New York
$17.4M +$295K +11,920 +2%
GT
18
Glenmede Trust
Pennsylvania
$17M +$1.97M +79,782 +12%
GAM
19
Gotham Asset Management
New York
$16.1M +$774K +31,307 +5%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$15.2M -$514K -20,777 -3%
Lord, Abbett & Co
21
Lord, Abbett & Co
New Jersey
$14.4M -$8.44M -341,183 -35%
JP Morgan Chase
22
JP Morgan Chase
New York
$14.1M -$4.13M -166,899 -21%
GI
23
GAMCO Investors
Connecticut
$13.2M +$89K +3,600 +0.6%
SFM
24
Systematic Financial Management
New Jersey
$11.7M +$317K +12,804 +3%
MBT
25
Monroe Bank & Trust
Michigan
$10.8M -$2.26M -91,482 -16%

LZB Hedge Fund Activity: Q2 2014 in Review

171 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2014, worth a combined $1.04B — down 13% from $1.2B a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new LZB positions and 16 closed out — a net gain of 3 holders — while 67 added to existing stakes and 61 trimmed.

The largest buyer was Norges Bank, opening a new position worth an estimated $22.1M. The largest seller was OppenheimerFunds, exiting entirely with an estimated $21.1M sold.

  • 171 institutional investors held La-Z-Boy (LZB) as of Q2 2014, up from 169 in Q1 2014.
  • Funds reported $1.04B of La-Z-Boy stock for Q2 2014, down 13% quarter-over-quarter.
  • 19 funds opened new La-Z-Boy positions in Q2 2014 and 16 closed out, a net change of +3 holders.
  • The largest La-Z-Boy buyer in Q2 2014 was Norges Bank, an estimated $22.1M added.
  • The largest La-Z-Boy seller in Q2 2014 was OppenheimerFunds, an estimated $21.1M sold.

Based on aggregated 13F filings for Q2 2014.