Lifetime Brands
LCUT
74 hedge funds and large institutions have $110M invested in Lifetime Brands in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 19 reducing their positions, and 7 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 19
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 74 → 74 (0)
9% less capital invested
Capital invested by funds: $121M → $110M (-$11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$604K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$441K |
| 3 |
Axa
Paris,
France
|
+$433K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$375K |
| 5 |
CCMH
Cornerstone Capital Management Holdings
New York
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Algert Global
San Francisco,
California
|
-$1.09M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$1.02M |
| 3 |
CIM
Calvert Investment Management
Bethesda,
Maryland
|
-$709K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$593K |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$311K |
LCUT Hedge Fund Activity: Q3 2016 in Review
74 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q3 2016, worth a combined $110M — down 9.1% from $121M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new LCUT positions and 7 closed out — a net gain of 1 holder — while 29 added to existing stakes and 19 trimmed.
The largest buyer was Cornercap Investment Counsel, opening a new position worth an estimated $604K. The largest seller was Algert Global, exiting entirely with an estimated $1.09M sold.
- 74 institutional investors held Lifetime Brands (LCUT) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $110M of Lifetime Brands stock for Q3 2016, down 9.1% quarter-over-quarter.
- 8 funds opened new Lifetime Brands positions in Q3 2016 and 7 closed out, a net change of +1 holder.
- The largest Lifetime Brands buyer in Q3 2016 was Cornercap Investment Counsel, an estimated $604K added.
- The largest Lifetime Brands seller in Q3 2016 was Algert Global, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2016.