Lifetime Brands
LCUT
74 hedge funds and large institutions have $121M invested in Lifetime Brands in 2016 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 34 increasing their positions, 19 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
79% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 19
6% more funds holding
Funds holding: 70 → 74 (+4)
5% more capital invested
Capital invested by funds: $115M → $121M (+$5.91M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.75M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$2.08M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$984K |
| 4 |
Morgan Stanley
New York
|
+$850K |
| 5 |
Renaissance Technologies
New York
|
+$836K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCM
Olstein Capital Management
Purchase,
New York
|
-$1.05M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$836K |
| 3 |
PTC
Petrus Trust Company
Dallas,
Texas
|
-$201K |
| 4 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
-$194K |
| 5 |
GCM
Goldman Capital Management
New York
|
-$173K |
LCUT Hedge Fund Activity: Q2 2016 in Review
74 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q2 2016, worth a combined $121M — up 5.1% from $115M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new LCUT positions and 6 closed out — a net gain of 5 holders — while 34 added to existing stakes and 19 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $2.75M. The largest seller was Olstein Capital Management, cutting an estimated $1.05M.
- 74 institutional investors held Lifetime Brands (LCUT) as of Q2 2016, up from 70 in Q1 2016.
- Funds reported $121M of Lifetime Brands stock for Q2 2016, up 5.1% quarter-over-quarter.
- 11 funds opened new Lifetime Brands positions in Q2 2016 and 6 closed out, a net change of +5 holders.
- The largest Lifetime Brands buyer in Q2 2016 was JP Morgan Chase, an estimated $2.75M added.
- The largest Lifetime Brands seller in Q2 2016 was Olstein Capital Management, an estimated $1.05M sold.
Based on aggregated 13F filings for Q2 2016.