Local Bounti
LOCL
21 hedge funds and large institutions have $1.89M invested in Local Bounti in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
2.09% less ownership
Funds ownership: 13.16% → 11.07% (-2.1%)
16% less funds holding
Funds holding: 25 → 21 (-4)
29% less capital invested
Capital invested by funds: $2.65M → $1.89M (-$759K)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Asset Management
Paris,
France
|
+$203K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$172K |
| 3 |
Morgan Stanley
New York
|
+$6.36K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.64K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.18K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$744K |
| 2 |
Millennium Management
New York
|
-$72.8K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.08K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$470 |
| 5 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$81 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| – | -$20 | -8 | Closed |
|
LOCL Hedge Fund Activity: Q4 2023 in Review
21 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Local Bounti (LOCL) for Q4 2023, worth a combined $1.89M — down 29% from $2.65M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of LOCL and 2 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was BNP Paribas Asset Management, adding an estimated $203K. The largest seller was Fidelity Investments, cutting an estimated $744K.
- 21 institutional investors held Local Bounti (LOCL) as of Q4 2023, down from 25 in Q3 2023.
- Funds reported $1.89M of Local Bounti stock for Q4 2023, down 29% quarter-over-quarter.
- 2 funds opened new Local Bounti positions in Q4 2023 and 6 closed out, a net change of -4 holders.
- The largest Local Bounti buyer in Q4 2023 was BNP Paribas Asset Management, an estimated $203K added.
- The largest Local Bounti seller in Q4 2023 was Fidelity Investments, an estimated $744K sold.
Based on aggregated 13F filings for Q4 2023.