Lifetime Brands
LCUT
62 hedge funds and large institutions have $104M invested in Lifetime Brands in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 16 reducing their positions, and 3 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 16
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
21% more capital invested
Capital invested by funds: $85.9M → $104M (+$18.5M)
0% more funds holding
Funds holding: 62 → 62 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| 1 |
Northern Trust
Chicago,
Illinois
|
+$3.58M |
| 2 |
RA
Royce & Associates
New York
|
+$1.21M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.06M |
| 4 |
JP Morgan Chase
New York
|
+$840K |
| 5 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$576K |
Top Sellers
| 1 |
GCM
Goldman Capital Management
New York
|
-$1.06M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$661K |
| 3 |
V
Veritable
Wilmington,
Delaware
|
-$272K |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$235K |
| 5 |
BlackRock
New York
|
-$172K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NI
51
Numeric Investors
Boston,
Massachusetts
| $158K | +$149K | +10,359 | New |
|
|
AIG
52
American International Group
New York
| $105K | +$2.62K | +182 | +3% |
|
|
BA
53
BlackRock Advisors
Wilmington,
Delaware
| $94K | +$1.79K | +124 | +2% |
|
54
Citigroup
New York
| $57K | -$32.7K | -2,272 | -38% |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $14K | +$6.91K | +480 | +108% |
|
56
Barclays
London,
United Kingdom
| $10K | -$24K | -1,669 | -72% |
|
57
Ameriprise
Minneapolis,
Minnesota
| $10K | – | – | – |
|
|
OSAM
58
O'Shaughnessy Asset Management
Stamford,
Connecticut
| $9K | +$5.21K | +362 | +167% |
|
|
CAM
59
ClariVest Asset Management
San Diego,
California
| $7K | – | – | – |
|
|
U
60
UBS
Zurich,
Switzerland
| $7K | +$5.03K | +349 | +360% |
|
61
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $137 | +$11.7K | +814 | +10% |
|
|
V
62
Veritable
Wilmington,
Delaware
| – | -$272K | -20,000 | Closed |
|
|
63
BlackRock
New York
| – | -$172K | -12,652 | Closed |
|
64
Two Sigma Investments
New York
| – | -$171K | -12,562 | Closed |
|
LCUT Hedge Fund Activity: Q3 2013 in Review
62 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q3 2013, worth a combined $104M — up 21% from $85.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new LCUT positions and 3 closed out — a net gain of 1 holder — while 28 added to existing stakes and 16 trimmed.
The largest buyer was Northern Trust, adding an estimated $3.58M. The largest seller was Goldman Capital Management, cutting an estimated $1.06M.
- 62 institutional investors held Lifetime Brands (LCUT) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $104M of Lifetime Brands stock for Q3 2013, up 21% quarter-over-quarter.
- 4 funds opened new Lifetime Brands positions in Q3 2013 and 3 closed out, a net change of +1 holder.
- The largest Lifetime Brands buyer in Q3 2013 was Northern Trust, an estimated $3.58M added.
- The largest Lifetime Brands seller in Q3 2013 was Goldman Capital Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q3 2013.