Institutional investors purchased a net $9.9 million shares of LM during the quarter ended December 2015 and now own 81.39% 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
SIT INVESTMENT ASSOCIATES, INC. Bought 1.5 Million shares of Legg Mason Inc
NEW JERSEY DIVISION OF INVESTMEN... Bought 795.0 Thousand shares of Legg Mason Inc
APERIO GROUP LLC Bought 46.9 Thousand shares of Legg Mason Inc