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La-Z-Boy

203 hedge funds and large institutions have $1.19B invested in La-Z-Boy in 2016 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 65 increasing their positions, 75 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more call options, than puts

Call options by funds: $958K | Put options by funds: $327K

156% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 9

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

6% more funds holding

Funds holding: 192203 (+11)

5% more capital invested

Capital invested by funds: $1.14B → $1.19B (+$54.1M)

0.99% more ownership

Funds ownership: 86.58%87.57% (+0.99%)

13% less repeat investments, than reductions

Existing positions increased: 65 | Existing positions reduced: 75

Holders
203
Holders Change
+11
Holders Change %
+5.73%
% of All Funds
5.42%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
23
Increased
65
Reduced
75
Closed
9
Calls
$958K
Puts
$327K
Net Calls
+$631K
Net Calls Change
+$1.25M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$110M +$3.77M +144,113 +4%
BFA
2
BlackRock Fund Advisors
California
$88.7M +$1.18M +45,239 +1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$78.6M +$3.21M +122,653 +5%
Wellington Management Group
4
Wellington Management Group
Massachusetts
$60.4M -$84.7K -3,233 -0.1%
SAM
5
Silvercrest Asset Management
New York
$54.4M +$5.58M +213,272 +12%
VNIM
6
Vaughan Nelson Investment Management
Texas
$54.1M +$24.2M +925,700 +91%
BIT
7
BlackRock Institutional Trust
California
$39.5M -$847K -32,350 -2%
Northern Trust
8
Northern Trust
Illinois
$35.1M +$648K +24,737 +2%
Invesco
9
Invesco
Georgia
$35.1M -$1M -38,258 -3%
GT
10
Glenmede Trust
Pennsylvania
$34.4M +$1.64M +62,487 +5%
State Street
11
State Street
Massachusetts
$30.5M +$244K +9,315 +0.9%
Franklin Resources
12
Franklin Resources
California
$27.2M -$17.6M -672,700 -41%
SAM
13
Skyline Asset Management
Illinois
$25M
NIMC
14
NWQ Investment Management Company
California
$24.4M -$1.95M -74,430 -8%
AI
15
ArchPoint Investors
Florida
$23.8M
Bank of New York Mellon
16
Bank of New York Mellon
New York
$20.3M -$1.06M -40,300 -5%
SFM
17
Systematic Financial Management
New Jersey
$16.4M +$1.8M +68,829 +13%
Prudential Financial
18
Prudential Financial
New Jersey
$15.4M +$2.48M +94,800 +21%
Fiera Capital (Canada)
19
Fiera Capital (Canada)
Quebec, Canada
$15M +$14.1M +537,621 New
Norges Bank
20
Norges Bank
Norway
$14.8M
Geode Capital Management
21
Geode Capital Management
Massachusetts
$13.7M +$125K +4,786 +1%
D.E. Shaw & Co
22
D.E. Shaw & Co
New York
$13.7M +$1.19M +45,453 +10%
GI
23
GAMCO Investors
Connecticut
$13.6M -$15.7K -600 -0.1%
Bank of America
24
Bank of America
North Carolina
$13M +$472K +18,022 +4%
VOYA Investment Management
25
VOYA Investment Management
Georgia
$12.7M -$6.34M -242,025 -35%

LZB Hedge Fund Activity: Q2 2016 in Review

203 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q2 2016, worth a combined $1.19B — up 4.8% from $1.14B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new LZB positions and 9 closed out — a net gain of 14 holders — while 65 added to existing stakes and 75 trimmed.

The largest buyer was Vaughan Nelson Investment Management, adding an estimated $24.2M. The largest seller was Adage Capital Partners, exiting entirely with an estimated $22.9M sold.

  • 203 institutional investors held La-Z-Boy (LZB) as of Q2 2016, up from 192 in Q1 2016.
  • Funds reported $1.19B of La-Z-Boy stock for Q2 2016, up 4.8% quarter-over-quarter.
  • 23 funds opened new La-Z-Boy positions in Q2 2016 and 9 closed out, a net change of +14 holders.
  • The largest La-Z-Boy buyer in Q2 2016 was Vaughan Nelson Investment Management, an estimated $24.2M added.
  • The largest La-Z-Boy seller in Q2 2016 was Adage Capital Partners, an estimated $22.9M sold.

Based on aggregated 13F filings for Q2 2016.