Lincoln Electric
LECO
273 hedge funds and large institutions have $3.4B invested in Lincoln Electric in 2016 Q4 according to their latest regulatory filings, with 50 funds opening new positions, 80 increasing their positions, 109 reducing their positions, and 21 closing their positions.
138% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 21
66.74% more ownership
Funds ownership: 0% → 66.74% (+67%)
23% more capital invested
Capital invested by funds: $2.76B → $3.4B (+$640M)
10% more funds holding
Funds holding: 249 → 273 (+24)
27% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 109
61% less call options, than puts
Call options by funds: $1.62M | Put options by funds: $4.18M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$42.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$30.1M |
| 3 |
O
OppenheimerFunds
New York
|
+$15.8M |
| 4 |
JP Morgan Chase
New York
|
+$15M |
| 5 |
SAM
Scopus Asset Management
New York
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$24.8M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$23.6M |
| 3 |
CAM
CGOV Asset Management
Toronto,
Ontario, Canada
|
-$20.4M |
| 4 |
VFA
Virtus Fund Advisers
Hartford,
Connecticut
|
-$15.6M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$15.3M |
LECO Hedge Fund Activity: Q4 2016 in Review
273 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q4 2016, worth a combined $3.4B — up 23% from $2.76B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new LECO positions and 21 closed out — a net gain of 29 holders — while 80 added to existing stakes and 109 trimmed.
The largest buyer was Invesco, adding an estimated $42.7M. The largest seller was State Street, cutting an estimated $24.8M.
- 273 institutional investors held Lincoln Electric (LECO) as of Q4 2016, up from 249 in Q3 2016.
- Funds reported $3.4B of Lincoln Electric stock for Q4 2016, up 23% quarter-over-quarter.
- 50 funds opened new Lincoln Electric positions in Q4 2016 and 21 closed out, a net change of +29 holders.
- The largest Lincoln Electric buyer in Q4 2016 was Invesco, an estimated $42.7M added.
- The largest Lincoln Electric seller in Q4 2016 was State Street, an estimated $24.8M sold.
Based on aggregated 13F filings for Q4 2016.