Lincoln Electric
LECO
286 hedge funds and large institutions have $3.15B invested in Lincoln Electric in 2015 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 119 increasing their positions, 94 reducing their positions, and 41 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 94
10% less call options, than puts
Call options by funds: $3.86M | Put options by funds: $4.29M
6% less funds holding
Funds holding: 304 → 286 (-18)
6% less capital invested
Capital invested by funds: $3.35B → $3.15B (-$200M)
32% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 41
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$16.4M |
| 2 |
ATO
Alecta Tjanstepension Omsesidigt
Stockholm,
Sweden
|
+$15M |
| 3 |
Bank of New York Mellon
New York
|
+$12.4M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$10.1M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$29.4M |
| 2 |
RA
Royce & Associates
New York
|
-$12.5M |
| 3 |
LOAMS
Lombard Odier Asset Management (Switzerland)
Petit-Lancy,
Switzerland
|
-$10.1M |
| 4 |
Morgan Stanley
New York
|
-$9.8M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
-$8.74M |
LECO Hedge Fund Activity: Q1 2015 in Review
286 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q1 2015, worth a combined $3.15B — down 6% from $3.35B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LECO and 28 opened new positions — a net loss of 13 holders — while 94 trimmed existing stakes and 119 added.
The largest buyer was Edge Asset Management, adding an estimated $16.4M. The largest seller was Franklin Resources, cutting an estimated $29.4M.
- 286 institutional investors held Lincoln Electric (LECO) as of Q1 2015, down from 304 in Q4 2014.
- Funds reported $3.15B of Lincoln Electric stock for Q1 2015, down 6% quarter-over-quarter.
- 28 funds opened new Lincoln Electric positions in Q1 2015 and 41 closed out, a net change of -13 holders.
- The largest Lincoln Electric buyer in Q1 2015 was Edge Asset Management, an estimated $16.4M added.
- The largest Lincoln Electric seller in Q1 2015 was Franklin Resources, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2015.