Lincoln Electric
LECO
505 hedge funds and large institutions have $8.35B invested in Lincoln Electric in 2023 Q3 according to their latest regulatory filings, with 71 funds opening new positions, 179 increasing their positions, 156 reducing their positions, and 53 closing their positions.
169% more call options, than puts
Call options by funds: $16.2M | Put options by funds: $6.02M
34% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 53
15% more repeat investments, than reductions
Existing positions increased: 179 | Existing positions reduced: 156
2% more funds holding
Funds holding: 493 → 505 (+12)
0.96% more ownership
Funds ownership: 78.29% → 79.26% (+0.96%)
7% less capital invested
Capital invested by funds: $8.95B → $8.35B (-$595M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$71.4M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$37M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$36.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.3M |
| 5 |
RG
Renaissance Group
Covington,
Kentucky
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$54.4M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$51.7M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$34.3M |
| 4 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
-$34.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$31.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
551
Point72 Asset Management
Stamford,
Connecticut
| – | -$20.9K | -105 | Closed |
|
|
AS
552
Altshuler Shaham
Tel Aviv,
Israel
| – | -$19.1K | -96 | Closed |
|
|
MIM
553
Macroview Investment Management
Bethesda,
Maryland
| – | -$11.9K | -60 | Closed |
|
|
SIS
554
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$7.75K | -39 | Closed |
|
|
BTI
555
Blue Trust Inc
Alpharetta,
Georgia
| – | -$4K | -21 | Closed |
|
|
DI
556
Disciplined Investments
Tulsa,
Oklahoma
| – | -$1.79K | -9 | Closed |
|
|
HI
557
Horizon Investments
Charlotte,
North Carolina
| – | -$596 | -3 | Closed |
|
LECO Hedge Fund Activity: Q3 2023 in Review
505 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q3 2023, worth a combined $8.35B — down 6.7% from $8.95B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new LECO positions and 53 closed out — a net gain of 18 holders — while 179 added to existing stakes and 156 trimmed.
The largest buyer was Norges Bank, adding an estimated $71.4M. The largest seller was Bessemer Group, cutting an estimated $54.4M.
- 505 institutional investors held Lincoln Electric (LECO) as of Q3 2023, up from 493 in Q2 2023.
- Funds reported $8.35B of Lincoln Electric stock for Q3 2023, down 6.7% quarter-over-quarter.
- 71 funds opened new Lincoln Electric positions in Q3 2023 and 53 closed out, a net change of +18 holders.
- The largest Lincoln Electric buyer in Q3 2023 was Norges Bank, an estimated $71.4M added.
- The largest Lincoln Electric seller in Q3 2023 was Bessemer Group, an estimated $54.4M sold.
Based on aggregated 13F filings for Q3 2023.