Lincoln Electric
LECO
303 hedge funds and large institutions have $3.67B invested in Lincoln Electric in 2013 Q4 according to their latest regulatory filings, with 57 funds opening new positions, 81 increasing their positions, 125 reducing their positions, and 18 closing their positions.
217% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 18
13% more funds holding
Funds holding: 267 → 303 (+36)
6% more capital invested
Capital invested by funds: $3.47B → $3.67B (+$194M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
35% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 125
44% less call options, than puts
Call options by funds: $1.4M | Put options by funds: $2.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
+$49M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.4M |
| 3 |
Morgan Stanley
New York
|
+$14.9M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
+$13.8M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$89.8M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
-$39.7M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
-$38.7M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$36.1M |
| 5 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$26.8M |
LECO Hedge Fund Activity: Q4 2013 in Review
303 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q4 2013, worth a combined $3.67B — up 5.6% from $3.47B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new LECO positions and 18 closed out — a net gain of 39 holders — while 81 added to existing stakes and 125 trimmed.
The largest buyer was Westfield Capital Management, adding an estimated $49M. The largest seller was Royce & Associates, cutting an estimated $89.8M.
- 303 institutional investors held Lincoln Electric (LECO) as of Q4 2013, up from 267 in Q3 2013.
- Funds reported $3.67B of Lincoln Electric stock for Q4 2013, up 5.6% quarter-over-quarter.
- 57 funds opened new Lincoln Electric positions in Q4 2013 and 18 closed out, a net change of +39 holders.
- The largest Lincoln Electric buyer in Q4 2013 was Westfield Capital Management, an estimated $49M added.
- The largest Lincoln Electric seller in Q4 2013 was Royce & Associates, an estimated $89.8M sold.
Based on aggregated 13F filings for Q4 2013.