Lincoln Electric
LECO
267 hedge funds and large institutions have $3.47B invested in Lincoln Electric in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 89 increasing their positions, 109 reducing their positions, and 25 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
14% more capital invested
Capital invested by funds: $3.04B → $3.47B (+$432M)
0% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 25
1% less funds holding
Funds holding: 269 → 267 (-2)
18% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 109
47% less call options, than puts
Call options by funds: $2.66M | Put options by funds: $5.04M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$114M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
+$36.5M |
| 3 |
Mitsubishi UFJ Trust & Banking
Tokyo,
Japan
|
+$24.6M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
+$18.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$116M |
| 2 |
CM
Castleark Management
Chicago,
Illinois
|
-$49.2M |
| 3 |
KeyBank National Association
Cleveland,
Ohio
|
-$18.4M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$17.8M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$17M |
LECO Hedge Fund Activity: Q3 2013 in Review
267 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q3 2013, worth a combined $3.47B — up 14% from $3.04B a quarter earlier.
Fund positioning in LECO was balanced in Q3 2013: 25 funds opened new positions, 25 closed out, 89 added to existing stakes and 109 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $114M. The largest seller was Royce & Associates, cutting an estimated $116M.
- 267 institutional investors held Lincoln Electric (LECO) as of Q3 2013, down from 269 in Q2 2013.
- Funds reported $3.47B of Lincoln Electric stock for Q3 2013, up 14% quarter-over-quarter.
- 25 funds opened new Lincoln Electric positions in Q3 2013 and 25 closed out, a net change of 0 holders.
- The largest Lincoln Electric buyer in Q3 2013 was Baillie Gifford & Co, an estimated $114M added.
- The largest Lincoln Electric seller in Q3 2013 was Royce & Associates, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2013.