Lincoln Electric
LECO
310 hedge funds and large institutions have $3.1B invested in Lincoln Electric in 2020 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 80 increasing their positions, 136 reducing their positions, and 40 closing their positions.
2.03% more ownership
Funds ownership: 72.58% → 74.61% (+2%)
4% less funds holding
Funds holding: 322 → 310 (-12)
23% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 40
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
28% less capital invested
Capital invested by funds: $4.3B → $3.1B (-$1.19B)
41% less repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 136
72% less call options, than puts
Call options by funds: $3.57M | Put options by funds: $12.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
William Blair Investment Management
Chicago,
Illinois
|
+$101M |
| 2 |
JP Morgan Chase
New York
|
+$68M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$30.5M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.7M |
| 5 |
Millennium Management
New York
|
+$9.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$60.4M |
| 2 |
State Street
Boston,
Massachusetts
|
-$23.4M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$16.4M |
| 4 |
Man Group
London,
United Kingdom
|
-$15.1M |
| 5 |
Bank of New York Mellon
New York
|
-$11.1M |
LECO Hedge Fund Activity: Q1 2020 in Review
310 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q1 2020, worth a combined $3.1B — down 28% from $4.3B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LECO and 31 opened new positions — a net loss of 9 holders — while 136 trimmed existing stakes and 80 added.
The largest buyer was William Blair Investment Management, opening a new position worth an estimated $101M. The largest seller was Amundi Asset Management US, cutting an estimated $60.4M.
- 310 institutional investors held Lincoln Electric (LECO) as of Q1 2020, down from 322 in Q4 2019.
- Funds reported $3.1B of Lincoln Electric stock for Q1 2020, down 28% quarter-over-quarter.
- 31 funds opened new Lincoln Electric positions in Q1 2020 and 40 closed out, a net change of -9 holders.
- The largest Lincoln Electric buyer in Q1 2020 was William Blair Investment Management, an estimated $101M added.
- The largest Lincoln Electric seller in Q1 2020 was Amundi Asset Management US, an estimated $60.4M sold.
Based on aggregated 13F filings for Q1 2020.