Lincoln Electric
LECO
506 hedge funds and large institutions have $8.34B invested in Lincoln Electric in 2023 Q3 according to their latest regulatory filings, with 72 funds opening new positions, 177 increasing their positions, 157 reducing their positions, and 52 closing their positions.
169% more call options, than puts
Call options by funds: $16.2M | Put options by funds: $6.02M
38% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 52
13% more repeat investments, than reductions
Existing positions increased: 177 | Existing positions reduced: 157
3% more funds holding
Funds holding: 492 → 506 (+14)
0.85% more ownership
Funds ownership: 78.29% → 79.14% (+0.85%)
7% less capital invested
Capital invested by funds: $8.95B → $8.34B (-$607M)
30% less funds holding in top 10
Funds holding in top 10: 10 → 7 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$71.4M |
| 2 |
ZIG
Zurich Insurance Group
Zurich,
Switzerland
|
+$37M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$36.6M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$33.3M |
| 5 |
RG
Renaissance Group
Covington,
Kentucky
|
+$29.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$54.4M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$51.7M |
| 3 |
EIG
EdgePoint Investment Group
Toronto,
Ontario, Canada
|
-$34.3M |
| 4 |
CWA
CM Wealth Advisors
Beachwood,
Ohio
|
-$34.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$31.3M |
LECO Hedge Fund Activity: Q3 2023 in Review
506 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Lincoln Electric (LECO) for Q3 2023, worth a combined $8.34B — down 6.8% from $8.95B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new LECO positions and 52 closed out — a net gain of 20 holders — while 177 added to existing stakes and 157 trimmed.
The largest buyer was Norges Bank, adding an estimated $71.4M. The largest seller was Bessemer Group, cutting an estimated $54.4M.
- 506 institutional investors held Lincoln Electric (LECO) as of Q3 2023, up from 492 in Q2 2023.
- Funds reported $8.34B of Lincoln Electric stock for Q3 2023, down 6.8% quarter-over-quarter.
- 72 funds opened new Lincoln Electric positions in Q3 2023 and 52 closed out, a net change of +20 holders.
- The largest Lincoln Electric buyer in Q3 2023 was Norges Bank, an estimated $71.4M added.
- The largest Lincoln Electric seller in Q3 2023 was Bessemer Group, an estimated $54.4M sold.
Based on aggregated 13F filings for Q3 2023.