Lifetime Brands
LCUT
70 hedge funds and large institutions have $115M invested in Lifetime Brands in 2016 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 30 increasing their positions, 15 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
100% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 15
17% more capital invested
Capital invested by funds: $98.7M → $115M (+$16.5M)
13% more funds holding
Funds holding: 62 → 70 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$600K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$543K |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$518K |
| 4 |
PTC
Petrus Trust Company
Dallas,
Texas
|
+$407K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
-$1.25M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$763K |
| 3 |
GCM
Goldman Capital Management
New York
|
-$342K |
| 4 |
Axa
Paris,
France
|
-$297K |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$142K |
LCUT Hedge Fund Activity: Q1 2016 in Review
70 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q1 2016, worth a combined $115M — up 17% from $98.7M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new LCUT positions and 5 closed out — a net gain of 8 holders — while 30 added to existing stakes and 15 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $600K. The largest seller was Skylands Capital, exiting entirely with an estimated $1.25M sold.
- 70 institutional investors held Lifetime Brands (LCUT) as of Q1 2016, up from 62 in Q4 2015.
- Funds reported $115M of Lifetime Brands stock for Q1 2016, up 17% quarter-over-quarter.
- 13 funds opened new Lifetime Brands positions in Q1 2016 and 5 closed out, a net change of +8 holders.
- The largest Lifetime Brands buyer in Q1 2016 was Wellington Management Group, an estimated $600K added.
- The largest Lifetime Brands seller in Q1 2016 was Skylands Capital, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2016.