Lincoln Electric
LECO
319 hedge funds and large institutions have $3.51B invested in Lincoln Electric in 2018 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 112 increasing their positions, 112 reducing their positions, and 51 closing their positions.
400% more funds holding in top 10
Funds holding in top 10: 1 → 5 (+4)
38% more call options, than puts
Call options by funds: $969K | Put options by funds: $701K
0.11% more ownership
Funds ownership: 70.1% → 70.22% (+0.11%)
0% more repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 112
4% less funds holding
Funds holding: 333 → 319 (-14)
18% less capital invested
Capital invested by funds: $4.25B → $3.51B (-$745M)
25% less first-time investments, than exits
New positions opened: 38 | Existing positions closed: 51
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$43.2M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$19.8M |
| 3 |
JP Morgan Chase
New York
|
+$13M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$12.3M |
| 5 |
WG
Winton Group
London,
United Kingdom
|
+$12.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$34.9M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$32M |
| 3 |
AAMU
AEGON Asset Management (UK)
Edinburgh,
United Kingdom
|
-$30.4M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$18.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$15.1M |
LECO Hedge Fund Activity: Q4 2018 in Review
319 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q4 2018, worth a combined $3.51B — down 18% from $4.25B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of LECO and 38 opened new positions — a net loss of 13 holders — while 112 trimmed existing stakes and 112 added.
The largest buyer was State Street, adding an estimated $43.2M. The largest seller was Citadel Advisors, exiting entirely with an estimated $34.9M sold.
- 319 institutional investors held Lincoln Electric (LECO) as of Q4 2018, down from 333 in Q3 2018.
- Funds reported $3.51B of Lincoln Electric stock for Q4 2018, down 18% quarter-over-quarter.
- 38 funds opened new Lincoln Electric positions in Q4 2018 and 51 closed out, a net change of -13 holders.
- The largest Lincoln Electric buyer in Q4 2018 was State Street, an estimated $43.2M added.
- The largest Lincoln Electric seller in Q4 2018 was Citadel Advisors, an estimated $34.9M sold.
Based on aggregated 13F filings for Q4 2018.