Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Leggett & Platt Inc (LEG)

349 + Investors. Track Smart Money conviction in LEG. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
2Q ▲
Buyers last Q
49%

Smart Money Signals — LEG

Based on 351 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added LEG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
📊

High ownership — 90% of 3.0Y peak

90% of all-time peak
351 funds currently hold this stock — 90% of the 3.0-year high of 388 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +11% more funds vs a year ago

fund count last 6Q
+34 new funds entered over the past year (+11% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 49% buying

160 buying168 selling
Last quarter: 168 funds reduced or exited vs 160 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~62 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 73 → 51 → 65 → 62. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 20% medium ■ 21% new
210 out of 351 hedge funds have held LEG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~62 new funds/quarter

45 → 73 → 51 → 65 → 62 new funds/Q
New funds entering each quarter: 73 → 51 → 65 → 62. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 69% veterans vs 21% newcomers

■ 69% veterans ■ 10% 1-2yr ■ 21% new
Entry-cohort mix of 356 holders: 245 (69%) are 2+ year veterans, 36 entered 1–2 years ago, and 75 (21%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 30% AUM from major funds

30% from top-100 AUM funds
49 of 350 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — LEG

In 2026 Q1, 160 hedge funds were net buyers of LEG (62 opened a new position, 98 added to an existing one), while 168 reduced or exited (117 trimmed, 51 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. 30% of total institutional value in LEG is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 351.

Hedge Fund Ownership: LEG

How many hedge funds hold LEG — quarterly history vs. share price
Quarterly hedge fund ownership of LEG vs. share price

Market Analysis: LEG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: LEG

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Leggett & Platt Inc (LEG) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much LEG has moved relative to its sector benchmark (XLY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
LEG
+9.0%
XLY
+6.0%

LEG outperformed XLY by +3.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
LEG
+17.4%
XLY
-0.9%

Since the filing became public, LEG outperformed XLY by +18.3% .

Interpretation: The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

25 top-rated funds 1 high-conviction
Consensus
6.1
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: LEG
349 + Investors

Track Smart Money conviction in LEG. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 349 340 2.65%
13F Shares 116M 113M 3.37%
Total Value $1.13B $1.28B -11.32%
New Positions 61 65 -4
Increased Positions 96 115 -19
Closed Positions 52 55 -3
Reduced Positions 116 100 +16
Total Calls 2 5 -60.0%
Total Puts 3 5 -40.0%
PUT/CALL Ratio 1.5 1.0 Bearish

Statistics: LEG

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Institutional Holders (2026 Q1)

349 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in LEG. Verified SEC 13F-HR filings.

QUARTER:
Top 25 LEG holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Seven Six Capital Management, LLC 4.85% 456,501 $4.5M
2 Towle & Co 2.31% 602,592 $6.0M
3 Forest Avenue Capital Management LP 2.17% 3,702,389 $36.6M
4 Rangeley Capital, LLC 2.04% 213,000 $2.1M
5 Broyhill Asset Management, LLC 1.81% 198,697 $2.0M
6 Invenomic Capital Management LP 0.98% 2,158,533 $21.3M
7 V2 Financial group LLC 0.94% 204,213 $2.0M
8 Lakewood Capital Management, LP 0.49% 780,000 $7.7M
9 SummerHaven Investment Management, LLC 0.43% 71,404 $705K
10 Riverwater Partners LLC 0.39% 117,224 $1.2M
11 CenterBook Partners LP 0.32% 595,325 $5.9M
12 RBF Capital, LLC 0.26% 500,000 $4.9M
13 Bridgeway Capital Management, LLC 0.19% 981,057 $9.7M
14 Carlson Capital, L.P. 0.16% 53,000 $524K
15 NINE MASTS CAPITAL Ltd 0.14% 101,171 $1000K
16 Balefire, LLC 0.14% 73,481 $726K
17 Dean Capital Management 0.13% 32,900 $325K
18 Nexpoint Asset Management, L.P. 0.11% 161,640 $1.6M
19 Applied Capital LLC/FL 0.11% 22,912 $226K
20 Quantedge Capital Pte Ltd 0.10% 18,400 $182K
21 GABELLI & Co INVESTMENT ADVISERS, INC. 0.10% 66,750 $659K
22 Alyeska Investment Group, L.P. 0.08% 2,735,737 $27.0M
23 Empowered Funds, LLC 0.07% 1,083,983 $10.7M
24 Lighthouse Investment Partners, LLC 0.07% 198,049 $2.0M
25 Dean Investment Associates, LLC 0.07% 46,936 $464K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Leggett & Platt Inc (LEG)

What does the Smart Money Trend signal show for LEG?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added LEG than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for LEG?

More sellers than buyers — 49% buying: Last quarter: 168 funds reduced or exited vs 160 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for LEG holders?

Strong quality — 30% AUM from major funds: 49 of 350 holders rank in the top 100 by AUM, accounting for 30% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held LEG?

60% of holders stayed for 2+ years: 210 out of 351 hedge funds have held LEG for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Leggett & Platt Inc (LEG) following the 2026 Q1 hedge fund 13F filings?

As of today, LEG has moved +17.4% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.9% for the XLY sector ETF — an outperformance of +18.3%. Since the quarter end (March 31, 2026), LEG has gained +9.0% vs +6.0% for XLY. The stock has meaningfully outrun its sector. The trade has partially played out; entry is at a premium to the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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