Lifetime Brands
LCUT
68 hedge funds and large institutions have $162M invested in Lifetime Brands in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 9 closing their positions.
9% more capital invested
Capital invested by funds: $149M → $162M (+$13.5M)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
2.66% less ownership
Funds ownership: 58% → 55.34% (-2.7%)
6% less funds holding
Funds holding: 72 → 68 (-4)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$12.7M |
| 2 |
Renaissance Technologies
New York
|
+$1.2M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$861K |
| 4 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$765K |
| 5 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
+$498K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
-$3.05M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
-$1.88M |
| 3 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
-$1.62M |
| 4 |
Morgan Stanley
New York
|
-$905K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$609K |
LCUT Hedge Fund Activity: Q1 2017 in Review
68 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q1 2017, worth a combined $162M — up 9.1% from $149M a quarter earlier.
Fund positioning in LCUT was balanced in Q1 2017: 9 funds opened new positions, 9 closed out, 23 added to existing stakes and 26 trimmed.
The largest buyer was BlackRock, adding an estimated $12.7M. The largest seller was Acadian Asset Management, exiting entirely with an estimated $3.05M sold.
- 68 institutional investors held Lifetime Brands (LCUT) as of Q1 2017, down from 72 in Q4 2016.
- Funds reported $162M of Lifetime Brands stock for Q1 2017, up 9.1% quarter-over-quarter.
- 9 funds opened new Lifetime Brands positions in Q1 2017 and 9 closed out, a net change of 0 holders.
- The largest Lifetime Brands buyer in Q1 2017 was BlackRock, an estimated $12.7M added.
- The largest Lifetime Brands seller in Q1 2017 was Acadian Asset Management, an estimated $3.05M sold.
Based on aggregated 13F filings for Q1 2017.