Institutional investors purchased a net $11.8 million shares of LM during the quarter ended March 2016 and now own 79.49% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Investment Managers industry and highlights that the smart money sees this stock as an important holding.
Mutual fund holders
Largest Quarterly Institutional Transactions
Latest Institutional Activity
FIRST PACIFIC ADVISORS LLC Bought 2.1 Million shares of Legg Mason Inc
CITADEL ADVISORS LLC Bought 1.7 Million shares of Legg Mason Inc
SIT INVESTMENT ASSOCIATES, INC. Bought 1.5 Million shares of Legg Mason Inc