Lincoln Electric
LECO
292 hedge funds and large institutions have $3B invested in Lincoln Electric in 2015 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 113 increasing their positions, 97 reducing their positions, and 26 closing their positions.
27% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 26
16% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 97
2% more funds holding
Funds holding: 286 → 292 (+6)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less call options, than puts
Call options by funds: $2.79M | Put options by funds: $2.85M
5% less capital invested
Capital invested by funds: $3.15B → $3B (-$151M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIM
Perkins Investment Management
Chicago,
Illinois
|
+$44.4M |
| 2 |
Bank of New York Mellon
New York
|
+$33.6M |
| 3 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$24.5M |
| 4 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
+$19.7M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$38.3M |
| 2 |
RA
Royce & Associates
New York
|
-$35.7M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$19.9M |
| 4 |
ClearBridge Investments
New York
|
-$16.7M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$13.3M |
LECO Hedge Fund Activity: Q2 2015 in Review
292 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q2 2015, worth a combined $3B — down 4.8% from $3.15B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new LECO positions and 26 closed out — a net gain of 7 holders — while 113 added to existing stakes and 97 trimmed.
The largest buyer was Perkins Investment Management, adding an estimated $44.4M. The largest seller was Neuberger Berman Group, cutting an estimated $38.3M.
- 292 institutional investors held Lincoln Electric (LECO) as of Q2 2015, up from 286 in Q1 2015.
- Funds reported $3B of Lincoln Electric stock for Q2 2015, down 4.8% quarter-over-quarter.
- 33 funds opened new Lincoln Electric positions in Q2 2015 and 26 closed out, a net change of +7 holders.
- The largest Lincoln Electric buyer in Q2 2015 was Perkins Investment Management, an estimated $44.4M added.
- The largest Lincoln Electric seller in Q2 2015 was Neuberger Berman Group, an estimated $38.3M sold.
Based on aggregated 13F filings for Q2 2015.