Lifetime Brands
LCUT
67 hedge funds and large institutions have $124M invested in Lifetime Brands in 2015 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 21 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
43% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 21
5% more funds holding
Funds holding: 64 → 67 (+3)
2% less capital invested
Capital invested by funds: $127M → $124M (-$2.56M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$7.54M |
| 2 |
MRCM
Mill Road Capital Management
Greenwich,
Connecticut
|
+$3.59M |
| 3 |
RA
Royce & Associates
New York
|
+$931K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$682K |
| 5 |
MC
Menta Capital
San Francisco,
California
|
+$528K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$8.02M |
| 2 |
LSC
Lyon Street Capital
Sausalito,
California
|
-$4.01M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$1.01M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$751K |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$533K |
LCUT Hedge Fund Activity: Q2 2015 in Review
67 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q2 2015, worth a combined $124M — down 2% from $127M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new LCUT positions and 6 closed out — a net gain of 3 holders — while 30 added to existing stakes and 21 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $7.54M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $8.02M sold.
- 67 institutional investors held Lifetime Brands (LCUT) as of Q2 2015, up from 64 in Q1 2015.
- Funds reported $124M of Lifetime Brands stock for Q2 2015, down 2% quarter-over-quarter.
- 9 funds opened new Lifetime Brands positions in Q2 2015 and 6 closed out, a net change of +3 holders.
- The largest Lifetime Brands buyer in Q2 2015 was Wellington Management Group, an estimated $7.54M added.
- The largest Lifetime Brands seller in Q2 2015 was Spruce House Investment Management, an estimated $8.02M sold.
Based on aggregated 13F filings for Q2 2015.