Lincoln Electric
LECO
304 hedge funds and large institutions have $3.35B invested in Lincoln Electric in 2014 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 88 increasing their positions, 115 reducing their positions, and 19 closing their positions.
163% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 19
10% more funds holding
Funds holding: 276 → 304 (+28)
1% more capital invested
Capital invested by funds: $3.31B → $3.35B (+$39.9M)
23% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 115
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
39% less call options, than puts
Call options by funds: $603K | Put options by funds: $991K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Gotham Asset Management
New York
|
+$38.9M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$30.2M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$19.8M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$19.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Westfield Capital Management
Boston,
Massachusetts
|
-$59.3M |
| 2 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
-$36M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$27.7M |
| 4 |
RA
Royce & Associates
New York
|
-$27.1M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$21.3M |
LECO Hedge Fund Activity: Q4 2014 in Review
304 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q4 2014, worth a combined $3.35B — up 1.2% from $3.31B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new LECO positions and 19 closed out — a net gain of 31 holders — while 88 added to existing stakes and 115 trimmed.
The largest buyer was Gotham Asset Management, adding an estimated $38.9M. The largest seller was Westfield Capital Management, exiting entirely with an estimated $59.3M sold.
- 304 institutional investors held Lincoln Electric (LECO) as of Q4 2014, up from 276 in Q3 2014.
- Funds reported $3.35B of Lincoln Electric stock for Q4 2014, up 1.2% quarter-over-quarter.
- 50 funds opened new Lincoln Electric positions in Q4 2014 and 19 closed out, a net change of +31 holders.
- The largest Lincoln Electric buyer in Q4 2014 was Gotham Asset Management, an estimated $38.9M added.
- The largest Lincoln Electric seller in Q4 2014 was Westfield Capital Management, an estimated $59.3M sold.
Based on aggregated 13F filings for Q4 2014.