Lifetime Brands
LCUT
67 hedge funds and large institutions have $153M invested in Lifetime Brands in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 26 reducing their positions, and 10 closing their positions.
2.64% more ownership
Funds ownership: 55.34% → 57.98% (+2.6%)
1% less funds holding
Funds holding: 68 → 67 (-1)
5% less capital invested
Capital invested by funds: $162M → $153M (-$8.6M)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
23% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 26
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CEI
Clark Estates Inc
New York
|
+$3.33M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$2.09M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$878K |
| 4 |
AG
Algert Global
San Francisco,
California
|
+$846K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$815K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.45M |
| 2 |
BlackRock
New York
|
-$1.01M |
| 3 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$612K |
| 4 |
OCM
Olstein Capital Management
Purchase,
New York
|
-$541K |
| 5 |
MERSOM
Municipal Employees' Retirement System of Michigan
Lansing,
Michigan
|
-$380K |
LCUT Hedge Fund Activity: Q2 2017 in Review
67 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lifetime Brands (LCUT) for Q2 2017, worth a combined $153M — down 5.3% from $162M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of LCUT and 9 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 20 added.
The largest buyer was Clark Estates Inc, opening a new position worth an estimated $3.33M. The largest seller was GSA Capital Partners, exiting entirely with an estimated $1.45M sold.
- 67 institutional investors held Lifetime Brands (LCUT) as of Q2 2017, down from 68 in Q1 2017.
- Funds reported $153M of Lifetime Brands stock for Q2 2017, down 5.3% quarter-over-quarter.
- 9 funds opened new Lifetime Brands positions in Q2 2017 and 10 closed out, a net change of -1 holder.
- The largest Lifetime Brands buyer in Q2 2017 was Clark Estates Inc, an estimated $3.33M added.
- The largest Lifetime Brands seller in Q2 2017 was GSA Capital Partners, an estimated $1.45M sold.
Based on aggregated 13F filings for Q2 2017.