LE (LE) Institutional Selling Activity
Several institutional investors tracked by InsiderSet reduced exposure to LE during the quarter ended September 30, 2024 based on sequential SEC Form 13F filings.
The largest disclosed institutional seller of LE during the latest reporting period reduced its reported position by approximately $1.77M based on quarter-end filing values.
Institutional selling activity may reflect profit-taking, sector rotation, portfolio rebalancing, or changing conviction levels among major investment firms. InsiderSet tracks quarter-over-quarter holding reductions, full exits, estimated value changes, and historical selling activity using publicly disclosed SEC filing data.
The investors covered on this page collectively reduced approximately $1.92M in reported LE exposure during the latest filing period, although many institutional holders continue to maintain significant long-term ownership positions in LE.
| Portfolio quarter | Name | Type | Quantity | Remaining | Reported stock balance |
|---|---|---|---|---|---|
| Q3 2024 | Renaissance Technologies LLC | Sell | -102,508 | 10,375 | $179,176 |
| Q4 2021 | Renaissance Technologies LLC | Sell | -77,800 | 31,483 | $618 |
| Q2 2021 | Renaissance Technologies LLC | Sell | -77,647 | 11,983 | $492 |
| Q2 2020 | Renaissance Technologies LLC | Sell | -154,400 | 18,083 | $145 |
| Q4 2019 | Renaissance Technologies LLC | Sell | -49,270 | 43,900 | $738 |
| Q3 2019 | Renaissance Technologies LLC | Sell | -37,200 | 93,170 | $1,057 |
| Q2 2019 | Renaissance Technologies LLC | Sell | -14,400 | 130,370 | $1,593 |
| Q1 2019 | Renaissance Technologies LLC | Sell | -18,400 | 144,770 | $2,405 |
| Q4 2018 | Renaissance Technologies LLC | Sell | -123,644 | 163,170 | $2,319 |
| Q3 2018 | Renaissance Technologies LLC | Sell | -102,586 | 286,814 | $5,034 |
| Q2 2017 | Fairholme Capital Management | Sell | -421,527 | 2,855,900 | $42,553 |
| Q1 2017 | Fairholme Capital Management | Sell | -67,300 | 3,277,427 | $70,301 |
| Q4 2016 | Fairholme Capital Management | Sell | -7,900 | 3,344,727 | $50,673 |
| Q1 2016 | Fairholme Capital Management | Sell | -124,400 | 2,917,327 | $74,421 |
| Q1 2016 | Olstein Capital Management | Sell | -25,900 | 85,100 | $2,171 |
| Q3 2015 | Olstein Capital Management | Sell | -14,000 | 108,000 | $2,917 |
| Q3 2014 | Fairholme Capital Management | Sell | -2,914,338 | 448,419 | $18,439 |
| Q3 2014 | Chou Associates Management | Sell | -90,001 | 151,696 | $6,997 |
| Q3 2014 | Arbiter Partners Capital Management | Sell | -14,000 | 10,350 | $426 |
Frequently asked questions about LE activity
Which institutional owners are buying LE?
Institutional owners buying LE include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in LE activity?
"Buy" means an investor increased their reported position in LE compared to the prior reporting period. This reflects growing exposure to LE rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in LE increasing?
Institutional interest in LE can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.