Lincoln Electric
LECO
306 hedge funds and large institutions have $3.9B invested in Lincoln Electric in 2017 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 134 increasing their positions, 84 reducing their positions, and 30 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 134 | Existing positions reduced: 84
10% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 30
0% more funds holding
Funds holding: 305 → 306 (+1)
0.57% less ownership
Funds ownership: 65.11% → 64.54% (-0.57%)
1% less capital invested
Capital invested by funds: $3.95B → $3.9B (-$45.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less call options, than puts
Call options by funds: $2.99M | Put options by funds: $4.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Prudential Financial
Newark,
New Jersey
|
+$52.7M |
| 2 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
+$25M |
| 3 |
BlackRock
New York
|
+$20.5M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$13.9M |
| 5 |
Millennium Management
New York
|
+$13.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$193M |
| 2 |
JP Morgan Chase
New York
|
-$16.7M |
| 3 |
State Street
Boston,
Massachusetts
|
-$14M |
| 4 |
SAM
Scopus Asset Management
New York
|
-$12.1M |
| 5 |
RA
Royce & Associates
New York
|
-$10.6M |
LECO Hedge Fund Activity: Q3 2017 in Review
306 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q3 2017, worth a combined $3.9B — down 1.2% from $3.95B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new LECO positions and 30 closed out — a net gain of 3 holders — while 134 added to existing stakes and 84 trimmed.
The largest buyer was Prudential Financial, adding an estimated $52.7M. The largest seller was Baillie Gifford & Co, cutting an estimated $193M.
- 306 institutional investors held Lincoln Electric (LECO) as of Q3 2017, up from 305 in Q2 2017.
- Funds reported $3.9B of Lincoln Electric stock for Q3 2017, down 1.2% quarter-over-quarter.
- 33 funds opened new Lincoln Electric positions in Q3 2017 and 30 closed out, a net change of +3 holders.
- The largest Lincoln Electric buyer in Q3 2017 was Prudential Financial, an estimated $52.7M added.
- The largest Lincoln Electric seller in Q3 2017 was Baillie Gifford & Co, an estimated $193M sold.
Based on aggregated 13F filings for Q3 2017.