Lincoln Electric
LECO
262 hedge funds and large institutions have $2.34B invested in Lincoln Electric in 2015 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 89 increasing their positions, 110 reducing their positions, and 42 closing their positions.
10% more call options, than puts
Call options by funds: $1.04M | Put options by funds: $948K
4% less capital invested
Capital invested by funds: $2.44B → $2.34B (-$93.5M)
7% less funds holding
Funds holding: 283 → 262 (-21)
19% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 110
45% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 42
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$21M |
| 2 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$20.5M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$16.1M |
| 4 |
BTW
Boston Trust Walden
Boston,
Massachusetts
|
+$11M |
| 5 |
AQR Capital Management
Greenwich,
Connecticut
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
-$25.1M |
| 2 |
Bank of New York Mellon
New York
|
-$17.6M |
| 3 |
Neuberger Berman Group
New York
|
-$15.7M |
| 4 |
RA
Royce & Associates
New York
|
-$14.3M |
| 5 |
Two Sigma Investments
New York
|
-$8.11M |
LECO Hedge Fund Activity: Q4 2015 in Review
262 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q4 2015, worth a combined $2.34B — down 3.8% from $2.44B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of LECO and 23 opened new positions — a net loss of 19 holders — while 110 trimmed existing stakes and 89 added.
The largest buyer was Baillie Gifford & Co, adding an estimated $21M. The largest seller was Perkins Investment Management, cutting an estimated $25.1M.
- 262 institutional investors held Lincoln Electric (LECO) as of Q4 2015, down from 283 in Q3 2015.
- Funds reported $2.34B of Lincoln Electric stock for Q4 2015, down 3.8% quarter-over-quarter.
- 23 funds opened new Lincoln Electric positions in Q4 2015 and 42 closed out, a net change of -19 holders.
- The largest Lincoln Electric buyer in Q4 2015 was Baillie Gifford & Co, an estimated $21M added.
- The largest Lincoln Electric seller in Q4 2015 was Perkins Investment Management, an estimated $25.1M sold.
Based on aggregated 13F filings for Q4 2015.