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La-Z-Boy

197 hedge funds and large institutions have $1.15B invested in La-Z-Boy in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 78 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

295% more call options, than puts

Call options by funds: $3.25M | Put options by funds: $821K

0.4% more ownership

Funds ownership: 87.12%87.52% (+0.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less funds holding

Funds holding: 207197 (-10)

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

13% less capital invested

Capital invested by funds: $1.32B → $1.15B (-$169M)

14% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 78

Holders
197
Holders Change
-10
Holders Change %
-4.83%
% of All Funds
4.9%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
25
Increased
67
Reduced
78
Closed
28
Calls
$3.25M
Puts
$821K
Net Calls
+$2.42M
Net Calls Change
-$1.48M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$168M +$177M +6,229,623 +56,783%
Vanguard Group
2
Vanguard Group
Pennsylvania
$121M +$7.82M +275,811 +7%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$86.6M +$3.81M +134,284 +4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$81M +$1.56M +55,097 +2%
SAM
5
Silvercrest Asset Management
New York
$64.6M +$612K +21,593 +0.9%
Northern Trust
6
Northern Trust
Illinois
$33.3M +$289K +10,186 +0.8%
State Street
7
State Street
Massachusetts
$32.8M +$1.36M +47,777 +4%
Norges Bank
8
Norges Bank
Norway
$31.1M +$6.89M +242,791 +27%
Invesco
9
Invesco
Georgia
$30.5M -$1.87M -65,923 -6%
Balyasny Asset Management
10
Balyasny Asset Management
Illinois
$24.1M +$25.1M +884,556 +13,006%
Franklin Resources
11
Franklin Resources
California
$23.7M -$4.3M -151,500 -15%
VNIM
12
Vaughan Nelson Investment Management
Texas
$23.6M -$25.1M -884,525 -50%
Bank of New York Mellon
13
Bank of New York Mellon
New York
$22.3M +$722K +25,450 +3%
SAM
14
Skyline Asset Management
Illinois
$21.2M -$1.6M -56,400 -7%
Prudential Financial
15
Prudential Financial
New Jersey
$19M +$6.03M +212,620 +43%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$17.7M +$1.72M +60,787 +10%
N
17
Nuveen
North Carolina
$17.6M +$6.43M +226,623 +53%
AI
18
ArchPoint Investors
Florida
$14.7M -$1.88M -66,209 -11%
TA
19
Teachers Advisors
New York
$13.6M -$631K -22,239 -4%
Ameriprise
20
Ameriprise
Minnesota
$13.3M +$3.54M +124,831 +34%
GI
21
GAMCO Investors
Connecticut
$13M
NIMC
22
NWQ Investment Management Company
California
$12.8M -$1.64M -57,963 -11%
Principal Financial Group
23
Principal Financial Group
Iowa
$10.9M +$341K +12,034 +3%
TCIM
24
TIAA CREF Investment Management
New York
$10.2M -$890K -31,380 -8%
SFM
25
Systematic Financial Management
New Jersey
$9.66M -$1.12M -39,424 -10%

LZB Hedge Fund Activity: Q1 2017 in Review

197 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q1 2017, worth a combined $1.15B — down 13% from $1.32B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of LZB and 25 opened new positions — a net loss of 3 holders — while 78 trimmed existing stakes and 67 added.

The largest buyer was BlackRock, adding an estimated $177M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $25.1M.

  • 197 institutional investors held La-Z-Boy (LZB) as of Q1 2017, down from 207 in Q4 2016.
  • Funds reported $1.15B of La-Z-Boy stock for Q1 2017, down 13% quarter-over-quarter.
  • 25 funds opened new La-Z-Boy positions in Q1 2017 and 28 closed out, a net change of -3 holders.
  • The largest La-Z-Boy buyer in Q1 2017 was BlackRock, an estimated $177M added.
  • The largest La-Z-Boy seller in Q1 2017 was Vaughan Nelson Investment Management, an estimated $25.1M sold.

Based on aggregated 13F filings for Q1 2017.