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La-Z-Boy

208 hedge funds and large institutions have $1.3B invested in La-Z-Boy in 2017 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 60 increasing their positions, 74 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 20

15% more capital invested

Capital invested by funds: $1.13B → $1.3B (+$166M)

11% more funds holding

Funds holding: 188208 (+20)

0.67% more ownership

Funds ownership: 87.44%88.11% (+0.67%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

19% less repeat investments, than reductions

Existing positions increased: 60 | Existing positions reduced: 74

51% less call options, than puts

Call options by funds: $1.15M | Put options by funds: $2.36M

Holders
208
Holders Change
+20
Holders Change %
+10.64%
% of All Funds
4.72%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
40
Increased
60
Reduced
74
Closed
20
Calls
$1.15M
Puts
$2.36M
Net Calls
-$1.21M
Net Calls Change
-$404K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$190M +$4.28M +148,474 +3%
Vanguard Group
2
Vanguard Group
Pennsylvania
$141M +$2.79M +96,810 +2%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$110M +$3.63M +125,636 +4%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$95.1M -$188K -6,505 -0.2%
SAM
5
Silvercrest Asset Management
New York
$77.5M +$549K +19,028 +0.8%
Norges Bank
6
Norges Bank
Norway
$40.7M
State Street
7
State Street
Massachusetts
$40.5M +$1.66M +57,426 +5%
Northern Trust
8
Northern Trust
Illinois
$38.6M -$408K -14,132 -1%
Boston Partners
9
Boston Partners
Massachusetts
$36.7M +$3.38M +117,104 +11%
N
10
Nuveen
North Carolina
$30.9M +$231K +8,019 +0.8%
RA
11
Royce & Associates
New York
$26.1M +$21.3M +736,578 +739%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$23.1M -$380K -13,174 -2%
D.E. Shaw & Co
13
D.E. Shaw & Co
New York
$19.2M -$3.51M -121,760 -17%
Geode Capital Management
14
Geode Capital Management
Massachusetts
$19M -$1.64M -56,745 -9%
Ameriprise
15
Ameriprise
Minnesota
$18.5M -$441K -15,287 -3%
AQR Capital Management
16
AQR Capital Management
Connecticut
$18.1M +$2.55M +88,547 +18%
AI
17
ArchPoint Investors
Florida
$16.9M
Prudential Financial
18
Prudential Financial
New Jersey
$13.6M +$2.95M +102,230 +31%
GI
19
GAMCO Investors
Connecticut
$13.2M -$163K -5,660 -1%
AP
20
AHL Partners
United Kingdom
$13.2M +$10.1M +349,687 +480%
Charles Schwab
21
Charles Schwab
California
$12.9M +$606K +21,020 +5%
Principal Financial Group
22
Principal Financial Group
Iowa
$12.2M +$190K +6,585 +2%
NI
23
Numeric Investors
Massachusetts
$11.4M +$1.41M +49,000 +16%
PAM
24
Panagora Asset Management
Massachusetts
$10.8M -$142K -4,936 -1%
SGCIA
25
Smith Graham & Co Investment Advisors
Texas
$10.3M -$610K -21,140 -6%

LZB Hedge Fund Activity: Q4 2017 in Review

208 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in La-Z-Boy (LZB) for Q4 2017, worth a combined $1.3B — up 15% from $1.13B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new LZB positions and 20 closed out — a net gain of 20 holders — while 60 added to existing stakes and 74 trimmed.

The largest buyer was Royce & Associates, adding an estimated $21.3M. The largest seller was Invesco, cutting an estimated $25.8M.

  • 208 institutional investors held La-Z-Boy (LZB) as of Q4 2017, up from 188 in Q3 2017.
  • Funds reported $1.3B of La-Z-Boy stock for Q4 2017, up 15% quarter-over-quarter.
  • 40 funds opened new La-Z-Boy positions in Q4 2017 and 20 closed out, a net change of +20 holders.
  • The largest La-Z-Boy buyer in Q4 2017 was Royce & Associates, an estimated $21.3M added.
  • The largest La-Z-Boy seller in Q4 2017 was Invesco, an estimated $25.8M sold.

Based on aggregated 13F filings for Q4 2017.