Lincoln Electric
LECO
336 hedge funds and large institutions have $3.85B invested in Lincoln Electric in 2019 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 113 increasing their positions, 106 reducing their positions, and 28 closing their positions.
64% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 28
21% more call options, than puts
Call options by funds: $3.33M | Put options by funds: $2.76M
10% more capital invested
Capital invested by funds: $3.51B → $3.85B (+$346M)
5% more funds holding
Funds holding: 319 → 336 (+17)
2.55% more ownership
Funds ownership: 70.22% → 72.77% (+2.6%)
7% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 106
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$29.2M |
| 2 |
Los Angeles Capital Management
Los Angeles,
California
|
+$20.7M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$18.5M |
| 4 |
Renaissance Technologies
New York
|
+$12.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$40.9M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$14.1M |
| 3 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$9.41M |
| 4 |
GAM
Gotham Asset Management
New York
|
-$8.1M |
| 5 |
CS
Candriam SCA
Strassen, Luxembourg,
Luxembourg
|
-$7.47M |
LECO Hedge Fund Activity: Q1 2019 in Review
336 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q1 2019, worth a combined $3.85B — up 9.9% from $3.51B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new LECO positions and 28 closed out — a net gain of 18 holders — while 113 added to existing stakes and 106 trimmed.
The largest buyer was Schroder Investment Management Group, adding an estimated $29.2M. The largest seller was AllianceBernstein, cutting an estimated $40.9M.
- 336 institutional investors held Lincoln Electric (LECO) as of Q1 2019, up from 319 in Q4 2018.
- Funds reported $3.85B of Lincoln Electric stock for Q1 2019, up 9.9% quarter-over-quarter.
- 46 funds opened new Lincoln Electric positions in Q1 2019 and 28 closed out, a net change of +18 holders.
- The largest Lincoln Electric buyer in Q1 2019 was Schroder Investment Management Group, an estimated $29.2M added.
- The largest Lincoln Electric seller in Q1 2019 was AllianceBernstein, an estimated $40.9M sold.
Based on aggregated 13F filings for Q1 2019.