Cliff Asness's LECO Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.14 M shares of Lincoln Electric Holdings, Inc. (LECO) worth $278.81 M, representing 0.13% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 54 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in LECO, representing a significant commitment to this investment thesis. Largest addition occurred in Q2 2025, adding 486,090 shares. Largest reduction occurred in Q2 2017, reducing 208,812 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Lincoln Electric Holdings (LECO) Holding Value Over Time
Track share changes against reported price movement
Quarterly Lincoln Electric Holdings (LECO) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q1 2026 | +173,718 | Add 18.06% | 1.14 M | $245.55 |
| Q4 2025 | +234,783 | Add 32.30% | 961,732 | $239.64 |
| Q3 2025 | +130,332 | Add 21.85% | 726,949 | $235.46 |
| Q2 2025 | +486,090 | Add 439.79% | 596,617 | $207.32 |
| Q1 2025 | +61,670 | Add 126.23% | 110,527 | $187.11 |
| Q4 2024 | -6,599 | Reduce 11.90% | 48,857 | $187.47 |
| Q3 2024 | -9,296 | Reduce 14.36% | 55,456 | $191.37 |
| Q2 2024 | -10,396 | Reduce 13.83% | 64,752 | $188.13 |
| Q1 2024 | +5,455 | Add 7.83% | 75,148 | $255.44 |
| Q4 2023 | -12,384 | Reduce 15.09% | 69,693 | $217.46 |
| Q3 2023 | -5,270 | Reduce 6.03% | 82,077 | $181.79 |
| Q2 2023 | -25,659 | Reduce 22.71% | 87,347 | $198.45 |
| Q1 2023 | -1,960 | Reduce 1.70% | 113,006 | $168.14 |
| Q4 2022 | +21,380 | Add 22.85% | 114,966 | $144.43 |
| Q3 2022 | +19,417 | Add 26.18% | 93,586 | $125.72 |
| Q2 2022 | +13,617 | Add 22.49% | 74,169 | $121.86 |
| Q1 2022 | -8,179 | Reduce 11.90% | 60,552 | $137.82 |
| Q4 2021 | +9,669 | Add 16.37% | 68,731 | $139.25 |
| Q3 2021 | +3,654 | Add 6.59% | 59,062 | $128.80 |
| Q2 2021 | -336 | Reduce 0.60% | 55,408 | $130.25 |
| Q1 2021 | +4,569 | Add 8.93% | 55,744 | $122.94 |
| Q4 2020 | -2,783 | Reduce 5.16% | 51,175 | $116.25 |
| Q3 2020 | -31 | Reduce 0.06% | 53,958 | $91.92 |
| Q2 2020 | -76,714 | Reduce 58.69% | 53,989 | $83.65 |
| Q1 2020 | -12,809 | Reduce 8.93% | 130,703 | $69.00 |
| Q4 2019 | +9,136 | Add 6.80% | 143,512 | $96.73 |
| Q3 2019 | -44,365 | Reduce 24.82% | 134,376 | $86.76 |
| Q2 2019 | +55,043 | Add 44.50% | 178,741 | $82.32 |
| Q1 2019 | -4,394 | Reduce 3.43% | 123,698 | $83.87 |
| Q4 2018 | +100,909 | Add 371.22% | 128,092 | $78.85 |
| Q3 2018 | +22,777 | Add 516.95% | 27,183 | $93.44 |
| Q2 2018 | +4,406 | New Buy | 4,406 | $87.83 |
| Q1 2018 | -2,390 | Sold Out | 0 | $0.00 |
| Q4 2017 | -13,589 | Reduce 85.04% | 2,390 | $91.63 |
| Q3 2017 | -69,834 | Reduce 81.38% | 15,979 | $91.68 |
| Q2 2017 | -208,812 | Reduce 70.87% | 85,813 | $92.10 |
| Q1 2017 | -89,162 | Reduce 23.23% | 294,625 | $86.86 |
| Q4 2016 | -115,872 | Reduce 23.19% | 383,787 | $76.67 |
| Q3 2016 | -109,287 | Reduce 17.95% | 499,659 | $62.62 |
| Q2 2016 | -24,003 | Reduce 3.79% | 608,946 | $59.08 |
| Q1 2016 | -54,495 | Reduce 7.93% | 632,949 | $58.57 |
| Q4 2015 | +153,667 | Add 28.79% | 687,444 | $51.89 |
| Q3 2015 | +241,688 | Add 82.74% | 533,777 | $52.43 |
| Q2 2015 | +96,597 | Add 49.41% | 292,089 | $60.89 |
| Q1 2015 | -17,900 | Reduce 8.39% | 195,492 | $65.39 |
| Q4 2014 | +46,782 | Add 28.08% | 213,392 | $69.09 |
| Q3 2014 | -13,796 | Reduce 7.65% | 166,610 | $69.14 |
| Q2 2014 | +32,662 | Add 22.11% | 180,406 | $69.88 |
| Q1 2014 | +24,686 | Add 20.06% | 147,744 | $72.01 |
| Q4 2013 | +106,041 | Add 623.15% | 123,058 | $71.34 |
| Q3 2013 | -2,885 | Reduce 14.50% | 17,017 | $66.64 |
| Q2 2013 | +19,902 | Add 0.00% | 19,902 | $57.28 |
| Q4 2012 | +21,268 | Add 0.00% | 21,268 | $48.66 |
Cliff Asness's Lincoln Electric Holdings Investment FAQs
Cliff Asness first purchased Lincoln Electric Holdings, Inc. (LECO) in Q4 2012, acquiring 21,268 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Lincoln Electric Holdings, Inc. (LECO) for 54 quarters since Q4 2012.
Cliff Asness's largest addition to Lincoln Electric Holdings, Inc. (LECO) was in Q2 2025, adding 596,617 shares worth $123.69 M.
According to the latest 13F filing for Q1 2026, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,135,450 shares of Lincoln Electric Holdings, Inc. (LECO), valued at approximately $278.81 M.
As of the Q1 2026 filing, Lincoln Electric Holdings, Inc. (LECO) represents approximately 0.13% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Lincoln Electric Holdings, Inc. (LECO) was 1,135,450 shares, as reported at the end of Q1 2026.