LINCOLN ELEC HLDGS INC LECO
COM · Common Stock · CUSIP 533900106 · ISIN US5339001068
American multinational manufacturer of welding products
- SectorIndustrials
- IndustryMetalworkg Machinery & Equipment
- HeadquartersCleveland, OH
- Founded1895
- Websitelincolnelectric.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($24.0m this quarter). Holder counts are more reliable. Shares outstanding: 54.5m as of 2026-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $265.38. Options: 10 managers hold calls ($54.1m notional), 8 hold puts ($11.4m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 409 |
| Q4 2022 | 443 |
| Q1 2023 | 473 |
| Q2 2023 | 494 |
| Q3 2023 | 507 |
| Q4 2023 | 531 |
| Q1 2024 | 584 |
| Q2 2024 | 554 |
| Q3 2024 | 553 |
| Q4 2024 | 550 |
| Q1 2025 | 584 |
| Q2 2025 | 598 |
| Q3 2025 | 629 |
| Q4 2025 | 670 |
| Q1 2026 | 689 |
| Q2 2026 | 701 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 247 | 278 |
| Q4 2024 | 221 | 273 |
| Q1 2025 | 306 | 224 |
| Q2 2025 | 273 | 287 |
| Q3 2025 | 319 | 255 |
| Q4 2025 | 300 | 280 |
| Q1 2026 | 320 | 295 |
| Q2 2026 | 290 | 325 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $8.5m | $5.6m | 0.66 |
| Q4 2025 | $11.3m | $6.3m | 0.56 |
| Q1 2026 | $37.5m | $26.6m | 0.71 |
| Q2 2026 | $54.1m | $11.4m | 0.21 |
Biggest buyers
| Pictet Asset Management Holding SA | Added | +540.8k |
| GOLDMAN SACHS GROUP INC | Added | +345.8k |
| CITADEL ADVISORS LLC | Added | +324.9k |
| Freestone Grove Partners LP | Added | +285.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +183.7k |
| BlackRock, Inc. | Added | +168.4k |
| Invesco Ltd. | Added | +143.3k |
| SATURNA CAPITAL CORP | Added | +104.9k |
| Merewether Investment Management, LP | Added | +95.8k |
| Zurich Insurance Group Ltd/FI | New | +95.1k |
Biggest sellers
| DIAMANT ASSET MANAGEMENT, INC. | Reduced | -3.8m |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | Sold out | -800.5k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -213.3k |
| NATIXIS ADVISORS, LLC | Reduced | -179.2k |
| Champlain Investment Partners, LLC | Reduced | -152.7k |
| Fiera Capital Corp | Reduced | -133.1k |
| FIRST TRUST ADVISORS LP | Reduced | -126.8k |
| OSTRUM ASSET MANAGEMENT | Sold out | -104.2k |
| ADAMS DIVERSIFIED EQUITY FUND, INC. | Sold out | -97.3k |
| UBS Group AG | Reduced | -95.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $16.5m62.1k shares |
| JANE STREET GROUP, LLC | Added | $10.9m41.0k shares |
| CITADEL ADVISORS LLC | Added | $9.7m36.7k shares |
| IMC-Chicago, LLC | Added | $6.7m25.2k shares |
| JPMORGAN CHASE & CO | New | $3.8m14.4k shares |
| Walleye Trading LLC | Added | $3.3m12.3k shares |
| SIMPLEX TRADING, LLC | Added | $1.1m4.3k shares |
| GROUP ONE TRADING LLC | New | $1.1m4.1k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $796.5k3.0k shares |
| PEAK6 LLC | Reduced | $159.3k600 shares |
Biggest puts
| MAI Capital Management | Unchanged | $4.5m17.0k shares |
| IMC-Chicago, LLC | Added | $2.1m7.9k shares |
| CITADEL ADVISORS LLC | Added | $1.6m5.9k shares |
| JANE STREET GROUP, LLC | Added | $1.5m5.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.4m5.4k shares |
| Walleye Trading LLC | Reduced | $212.4k800 shares |
| Walleye Capital LLC | New | $53.1k200 shares |
| GROUP ONE TRADING LLC | Unchanged | $26.6k100 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $305.6k | — |
| Q1 2025 | 0 | — | 3 | $8.2m | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 5 | $6.0m | — |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 2 | $8.1m | — |
| Q2 2026 | 0 | — | 1 | $232.2k | — |
| Q3 2026 | 0 | — | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-06-16 | Whitehead Michael J EVP, PRESIDENT, AMERICAS WELD | Sold | $232.2k845 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.02% of their portfolio | 5.4m $1.4bn | Added +168.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.03% of their portfolio | 2.6m $680.9m | Added +26.5k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 2.5m $657.7m | Added +17.3k |
| STATE STREET CORP 0.02% of their portfolio | 2.3m $600.5m | Added +25.8k |
| NORGES BANK 0.05% of their portfolio | 1.7m $458.9m | Not comparable |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.4m $384.1m | Added +81.0k |
| VICTORY CAPITAL MANAGEMENT INC 0.21% of their portfolio | 1.4m $369.3m | Reduced -92.5k |
| Invesco Ltd. 0.03% of their portfolio | 1.3m $348.5m | Added +143.3k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 1.0m $275.9m | Added +76.3k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 922.2k $244.4m | Reduced -213.3k |
| Boston Partners 0.19% of their portfolio | 825.1k $219.0m | Added +25.2k |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 697.1k $185.1m | Added +345.8k |
| Pictet Asset Management Holding SA 0.17% of their portfolio | 659.0k $175.0m | Added +540.8k |
| Park Edge Advisors, LLC 35.71% of their portfolio | 631.1k $167.6m | Unchanged |
| KEYBANK NATIONAL ASSOCIATION/OH 0.46% of their portfolio | 532.0k $141.3m | Reduced -5.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.40% of their portfolio | 506.9k $134.6m | Reduced -28.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 504.2k $133.9m | Added +6.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 465.5k $123.6m | Added +5.8k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.14% of their portfolio | 439.2k $116.6m | Added +34.8k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 0.37% of their portfolio | 430.7k $114.4m | Added +72.5k |
| Thrivent Financial for Lutherans 0.19% of their portfolio | 426.3k $113.2m | Added +16.4k |
| Fisher Asset Management, LLC 0.03% of their portfolio | 415.4k $110.3m | Reduced -4.5k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 408.0k $108.3m | Reduced -38.0k |
| STIFEL FINANCIAL CORP 0.09% of their portfolio | 400.6k $106.4m | Reduced -9.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 380.0k $100.9m | Reduced -990 |
| SATURNA CAPITAL CORP 1.19% of their portfolio | 373.9k $97.7m | Added +104.9k |
| FIL Ltd 0.07% of their portfolio | 372.2k $98.8m | Added +47.2k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.15% of their portfolio | 370.5k $98.4m | Reduced -26.7k |
| MORGAN STANLEY 0.01% of their portfolio | 370.1k $98.3m | Reduced -4.2k |
| Freestone Grove Partners LP 0.63% of their portfolio | 360.5k $95.7m | Added +285.7k |
| CITADEL ADVISORS LLC 0.05% of their portfolio | 351.2k $93.2m | Added +324.9k |
| VANGUARD FIDUCIARY TRUST CO 0.02% of their portfolio | 348.2k $92.4m | Added +7.1k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 346.0k $91.9m | Reduced -76.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.04% of their portfolio | 301.0k $79.9m | Reduced -7.5k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 298.3k $79.2m | Added +30.6k |
| Boston Trust Walden Corp 0.60% of their portfolio | 295.6k $78.5m | Reduced -10.3k |
| Cartenna Capital, LP 2.90% of their portfolio | 295.0k $78.3m | Added +25.0k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 259.5k $68.9m | Added +3.3k |
| Quantinno Capital Management LP 0.07% of their portfolio | 227.6k $60.4m | Reduced -590 |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 225.0k $59.3m | Added +183.7k |
| GW&K Investment Management, LLC 0.46% of their portfolio | 224.1k $59.5m | Reduced -12.1k |
| VAUGHAN DAVID INVESTMENTS LLC/IL 1.16% of their portfolio | 219.0k $58.1m | Added +920 |
| RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio | 213.6k $56.7m | Added +12.1k |
| Welch & Forbes LLC 0.67% of their portfolio | 208.9k $55.5m | Reduced -970 |
| Birch Hill Investment Advisors LLC 2.18% of their portfolio | 202.7k $53.8m | Added +2.6k |
| LORD, ABBETT & CO. LLC 0.15% of their portfolio | 192.6k $51.1m | Reduced -44.4k |
| Merewether Investment Management, LP 0.95% of their portfolio | 189.3k $50.3m | Added +95.8k |
| Jupiter Topco LLC 0.02% of their portfolio | 187.9k $49.9m | First filing |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.13% of their portfolio | 187.3k $49.7m | Reduced -29.2k |
| Nuveen, LLC 0.01% of their portfolio | 182.2k $48.4m | Added +15.5k |
| Fiera Capital Corp 0.17% of their portfolio | 177.2k $47.1m | Reduced -133.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 170.7k $45.3m | Added +31.4k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 161.7k $42.9m | Reduced -126.8k |
| ROYCE & ASSOCIATES LP 0.34% of their portfolio | 161.2k $42.8m | Reduced -12.8k |
| UBS Group AG 0.01% of their portfolio | 155.8k $41.4m | Reduced -95.8k |
| Gotham Asset Management, LLC 0.09% of their portfolio | 153.2k $40.7m | Added +9.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 152.1k $40.4m | Added +863 |
| ABSHER WEALTH MANAGEMENT, LLC 4.50% of their portfolio | 148.9k $39.5m | Added +7.2k |
| Driehaus Capital Management LLC 0.21% of their portfolio | 135.5k $36.0m | Reduced -8.1k |
| Point72 Asset Management, L.P. 0.05% of their portfolio | 134.9k $35.8m | Reduced -45.8k |
| CM WEALTH ADVISORS LLC 6.46% of their portfolio | 134.4k $35.8m | Reduced -78 |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 130.2k $34.6m | Reduced -1.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 129.5k $34.4m | Reduced -54.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 124.7k $33.1m | Reduced -11.7k |
| Fayez Sarofim & Co 0.08% of their portfolio | 124.2k $33.0m | Added +21.5k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 121.4k $30.3m | Reduced -13.0k |
| Alyeska Investment Group, L.P. 0.08% of their portfolio | 118.2k $31.4m | Reduced -91.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 116.7k $31.0m | Added +7.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 112.6k $29.9m | Added +11.1k |
| California Public Employees Retirement System 0.02% of their portfolio | 109.9k $29.2m | Added +4.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.03% of their portfolio | 109.5k $29.1m | Added +4.8k |
| Arbejdsmarkedets Tillaegspension 0.63% of their portfolio | 108.2k $28.7m | Added +91.4k |
| Cerity Partners LLC 0.03% of their portfolio | 107.8k $28.6m | Reduced -8.2k |
| Swiss National Bank 0.01% of their portfolio | 107.3k $28.5m | Reduced -1.6k |
| ProShare Advisors LLC 0.04% of their portfolio | 103.0k $27.4m | Added +2.4k |
| CONGRESS ASSET MANAGEMENT CO 0.17% of their portfolio | 103.0k $27.3m | Reduced -2.5k |
| ALTA CAPITAL MANAGEMENT LLC/ 1.98% of their portfolio | 100.0k $26.6m | Added +57.4k |
| Zurich Insurance Group Ltd/FI 0.18% of their portfolio | 95.1k $25.2m | New |
| Retirement Systems of Alabama 0.07% of their portfolio | 91.2k $24.2m | Reduced -10.8k |
| GAMCO INVESTORS, INC. ET AL 0.21% of their portfolio | 89.5k $23.8m | Unchanged |
| Woodline Partners LP 0.07% of their portfolio | 88.4k $23.5m | Added +6.1k |
| PATTEN & PATTEN INC/TN 1.21% of their portfolio | 86.3k $22.9m | Unchanged |
| FEDERATED HERMES, INC. 0.03% of their portfolio | 86.1k $22.8m | Added +81.7k |
| MassMutual Private Wealth & Trust, FSB 0.57% of their portfolio | 82.5k $21.9m | Reduced -3.5k |
| GHP Investment Advisors, Inc. 0.76% of their portfolio | 77.9k $20.7m | Added +651 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 77.1k $20.5m | Reduced -21.0k |
| Legal & General Group Plc 0.00% of their portfolio | 76.3k $20.2m | Reduced -319 |
| Carnegie Investment Counsel 0.39% of their portfolio | 73.6k $19.5m | Reduced -1.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 70.9k $18.8m | Added +15.3k |
| LOGAN CAPITAL MANAGEMENT INC 0.68% of their portfolio | 68.7k $18.3m | New |
| ALPS ADVISORS INC 0.09% of their portfolio | 68.6k $18.2m | Reduced -8.4k |
| IEQ CAPITAL, LLC 0.08% of their portfolio | 67.4k $17.9m | Reduced -31.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 67.3k $16.8m | Reduced -25.4k |
| Champlain Investment Partners, LLC 0.45% of their portfolio | 65.7k $17.4m | Reduced -152.7k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 62.5k $16.6m | Reduced -1.8k |
| VAN ECK ASSOCIATES CORP 0.01% of their portfolio | 60.1k $15.9m | Added +2.0k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 57.4k $15.2m | Reduced -5.4k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 56.7k $15.1m | Reduced -9.4k |
| Walleye Capital LLC 0.07% of their portfolio | 56.6k $15.0m | Added +24.9k |
| Jain Global LLC 0.18% of their portfolio | 56.1k $14.9m | New |