Lincoln Electric
LECO
276 hedge funds and large institutions have $3.31B invested in Lincoln Electric in 2014 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 83 increasing their positions, 116 reducing their positions, and 25 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
8% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 25
0% more funds holding
Funds holding: 275 → 276 (+1)
5% less capital invested
Capital invested by funds: $3.49B → $3.31B (-$178M)
28% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 116
77% less call options, than puts
Call options by funds: $629K | Put options by funds: $2.68M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LHC
Lodge Hill Capital
New York
|
+$23.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$21.5M |
| 3 |
SC
Skylands Capital
Milwaukee,
Wisconsin
|
+$11.6M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$9.32M |
| 5 |
SCM
Sandler Capital Management
New York
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$46.6M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$26.8M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$18.8M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$16.1M |
| 5 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$13.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
301
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$6.96K | +100 | New |
|
LECO Hedge Fund Activity: Q3 2014 in Review
276 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q3 2014, worth a combined $3.31B — down 5.1% from $3.49B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LECO positions and 25 closed out — a net gain of 2 holders — while 83 added to existing stakes and 116 trimmed.
The largest buyer was Lodge Hill Capital, opening a new position worth an estimated $23.7M. The largest seller was Norges Bank, cutting an estimated $46.6M.
- 276 institutional investors held Lincoln Electric (LECO) as of Q3 2014, up from 275 in Q2 2014.
- Funds reported $3.31B of Lincoln Electric stock for Q3 2014, down 5.1% quarter-over-quarter.
- 27 funds opened new Lincoln Electric positions in Q3 2014 and 25 closed out, a net change of +2 holders.
- The largest Lincoln Electric buyer in Q3 2014 was Lodge Hill Capital, an estimated $23.7M added.
- The largest Lincoln Electric seller in Q3 2014 was Norges Bank, an estimated $46.6M sold.
Based on aggregated 13F filings for Q3 2014.