Lincoln Electric
LECO
275 hedge funds and large institutions have $3.49B invested in Lincoln Electric in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 88 increasing their positions, 116 reducing their positions, and 37 closing their positions.
4% less capital invested
Capital invested by funds: $3.65B → $3.49B (-$164M)
4% less funds holding
Funds holding: 286 → 275 (-11)
24% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 116
24% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 37
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
76% less call options, than puts
Call options by funds: $422K | Put options by funds: $1.77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$45.4M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$38.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$18.1M |
| 4 |
Neuberger Berman Group
New York
|
+$13.9M |
| 5 |
PCM
Palisade Capital Management
Fort Lee,
New Jersey
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCIM
TIAA CREF Investment Management
New York
|
-$37.7M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$25.4M |
| 3 |
LHC
Lodge Hill Capital
New York
|
-$21.8M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$20.3M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
-$19.5M |
LECO Hedge Fund Activity: Q2 2014 in Review
275 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q2 2014, worth a combined $3.49B — down 4.5% from $3.65B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of LECO and 28 opened new positions — a net loss of 9 holders — while 116 trimmed existing stakes and 88 added.
The largest buyer was Norges Bank, adding an estimated $45.4M. The largest seller was TIAA CREF Investment Management, cutting an estimated $37.7M.
- 275 institutional investors held Lincoln Electric (LECO) as of Q2 2014, down from 286 in Q1 2014.
- Funds reported $3.49B of Lincoln Electric stock for Q2 2014, down 4.5% quarter-over-quarter.
- 28 funds opened new Lincoln Electric positions in Q2 2014 and 37 closed out, a net change of -9 holders.
- The largest Lincoln Electric buyer in Q2 2014 was Norges Bank, an estimated $45.4M added.
- The largest Lincoln Electric seller in Q2 2014 was TIAA CREF Investment Management, an estimated $37.7M sold.
Based on aggregated 13F filings for Q2 2014.