Levin Capital's Strategic Shifts
Levin Capital Expands Key Stock Holdings in Q1, Boosting Stakes and Trimming Others
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Key Points
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In Lamb Weston, the broader investor activity shown in the filings highlights substantial non-Levin activity: Norges Bank acquired a new Lamb Weston stake in Q4 worth about $125.66 million; M&T Bank Corp increased to 2,835,245 shares (about $118.77 million); Price T. Rowe Associates MD lifted its stake to 9,824,690 shares (about $411.56 million); Ion Asset Management Ltd. opened a new position in Q2 worth approximately $84.38 million; SG Americas Securities LLC increased to 801,708 shares (about $33.58 million), underscoring the stock's deep institutional ownership (89.56%).
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Golar LNG shows very high institutional ownership (92.21%), with Militia Capital Management LLC establishing a new position worth about $1.62 million and WIT Partners Advisory Pte. Ltd. boosting its holding to 36,888 shares (after purchasing ~31,658 more), among other recent shifts.
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Sysco also reflects broad institutional participation (83.41%), with Levin opening a new 42,663-share stake worth about $3.04 million in Q1 and other funds like Oslo Pensjonsforsikring AS and Andra AP fonden taking new positions in the period.
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Whirlpool Corporation saw a dramatic shift as RWWM Inc. increased its stake to 2,422,618 shares worth about $130.63 million after adding 1,591,849 shares; Levin’s stake sits at 115,850 shares worth roughly $6.25 million following a sizable purchase.
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Blackstone Inc. attracted a notable new position from Levin, with Levin boosting its stake to 46,309 shares worth about $5.33 million; overall, hedge funds own about 70% of Blackstone's stock, underscoring the stock’s heavy institutional interest.
Levin Capital Strategies L.P. made a series of bold portfolio moves in the first quarter, opening a new stake in Lamb Weston worth about $5.9 million and sharply boosting its Whirlpool holding by purchasing 110,641 additional shares, according to Watchlist News. The fund's filings show a clear appetite for large, diversified names — even as it cut its Golar LNG position by 61%.
The adjustments reflect a broader pattern among institutional investors, who continue to hold dominant stakes in each of the companies touched by Levin's trading. Institutional ownership stands at 89.56% for Lamb Weston, 92.21% for Golar LNG, and 83.41% for Sysco.
Levin Opens Fresh Positions in Lamb Weston and Sysco
Levin Capital entered Lamb Weston for the first time this quarter, picking up 139,734 shares worth roughly $5.9 million, according to Watchlist News. The firm also established a new 42,663-share stake in Sysco valued at about $3.04 million. Both moves signal Levin's interest in large food-sector names with deep institutional backing.
Levin was far from alone in Lamb Weston. Price T. Rowe Associates lifted its stake to 9,824,690 shares worth about $411.56 million. M&T Bank Corp held 2,835,245 shares worth roughly $118.77 million. Norges Bank opened a new position worth $125.66 million in the prior quarter. In Sysco, new entrants Oslo Pensjonsforsikring AS and Andra AP fonden also added positions in the same period.
Whirlpool Stake Surges as RWWM Makes Massive Buy
Levin dramatically expanded its Whirlpool position, adding 110,641 shares to reach a total of 115,850 shares worth about $6.25 million, according to Watchlist News. The move signals strong conviction in the appliance maker after what appears to have been a near-zero starting position.
The far larger move in Whirlpool came from RWWM Inc., which added 1,591,849 shares to reach a massive 2,422,618 shares worth about $130.63 million. That single purchase dwarfs most other activity in the stock and underlines the heavy institutional interest Whirlpool continues to attract.
Levin Cuts Golar LNG by 61% Despite Sky-High Institutional Demand
Levin sharply reduced its Golar LNG holding, selling enough shares to slash the position by 61%. The fund now holds 202,278 shares worth about $10.95 million, according to Watchlist News. The cut stands out given that Golar LNG carries one of the highest institutional ownership rates in the group at 92.21%.
Other investors moved in the opposite direction. Militia Capital Management LLC opened a brand-new position in Golar LNG worth about $1.62 million. WIT Partners Advisory Pte. Ltd. added roughly 31,658 shares, lifting its total to 36,888 shares. These buys suggest other funds see value where Levin chose to pull back.
Blackstone Stake Grows as Hedge Funds Dominate Ownership
Levin also grew its Blackstone Inc. position to 46,309 shares worth about $5.33 million, according to Watchlist News. The move adds Levin to a crowded field. Hedge funds collectively own about 70% of Blackstone's stock, making it one of the most institutionally concentrated names in the group.
Levin's broader first-quarter activity — spanning Lamb Weston, Sysco, Whirlpool, Golar LNG, and Blackstone — shows a fund actively reshaping its exposure. It is trimming energy shipping and adding consumer staples and financial names. The pattern points to a cautious but opportunistic tilt heading into the second quarter.
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