Local Bounti
LOCL
56 hedge funds and large institutions have $16.9M invested in Local Bounti in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 10 reducing their positions, and 8 closing their positions.
160% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 10
0.03% more ownership
Funds ownership: 1.54% → 1.57% (+0.03%)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
42% less capital invested
Capital invested by funds: $28.9M → $16.9M (-$12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$334K |
| 2 |
BP
BBR Partners
New York
|
+$313K |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
+$293K |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$247K |
| 5 |
SDWIA
Schwarz Dygos Wheeler Investment Advisors
Minneapolis,
Minnesota
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$968K |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$683K |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
-$125K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$60K |
| 5 |
Millennium Management
New York
|
-$59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $1.99K | – | – | – |
|
|
BAM
52
Belpointe Asset Management
Reno,
Nevada
| $1.2K | +$823 | +77 | +203% |
|
|
AIP
53
Ameritas Investment Partners
Lincoln,
Nebraska
| $1.12K | – | – | – |
|
54
Citigroup
New York
| $731 | -$160 | -15 | -17% |
|
|
TWA
55
TCI Wealth Advisors
Tucson,
Arizona
| $160 | – | – | – |
|
|
56
VOYA Investment Management
Atlanta,
Georgia
| – | -$683K | -37,798 | Closed |
|
|
N
57
Nuveen
Charlotte,
North Carolina
| – | -$125K | -6,920 | Closed |
|
|
58
Millennium Management
New York
| – | -$59K | -3,275 | Closed |
|
|
MIM
59
MetLife Investment Management
Whippany,
New Jersey
| – | -$54.6K | -3,021 | Closed |
|
|
VIA
60
Vident Investment Advisory
Alpharetta,
Georgia
| – | -$43.4K | -2,400 | Closed |
|
|
IA
61
IFP Advisors
Tampa,
Florida
| – | -$60K | -462 | Closed |
|
|
MLICM
62
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$6.44K | -356 | Closed |
|
|
USCWA
63
U.S. Capital Wealth Advisors
Austin,
Texas
| – | -$834 | -46 | Closed |
|
|
CS
64
Credit Suisse
Zurich,
Switzerland
| – | -$4 | – | – |
|
LOCL Hedge Fund Activity: Q1 2023 in Review
56 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Local Bounti (LOCL) for Q1 2023, worth a combined $16.9M — down 42% from $28.9M a quarter earlier.
Fund positioning in LOCL was balanced in Q1 2023: 8 funds opened new positions, 8 closed out, 26 added to existing stakes and 10 trimmed.
The largest buyer was BlackRock, adding an estimated $334K. The largest seller was Fidelity Investments, cutting an estimated $968K.
- 56 institutional investors held Local Bounti (LOCL) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $16.9M of Local Bounti stock for Q1 2023, down 42% quarter-over-quarter.
- 8 funds opened new Local Bounti positions in Q1 2023 and 8 closed out, a net change of 0 holders.
- The largest Local Bounti buyer in Q1 2023 was BlackRock, an estimated $334K added.
- The largest Local Bounti seller in Q1 2023 was Fidelity Investments, an estimated $968K sold.
Based on aggregated 13F filings for Q1 2023.