Local Bounti
LOCL
23 hedge funds and large institutions have $54.9M invested in Local Bounti in 2021 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 59 closing their positions.
6.26% less ownership
Funds ownership: 7.02% → 0.76% (-6.3%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
68% less funds holding
Funds holding: 71 → 23 (-48)
78% less capital invested
Capital invested by funds: $249M → $54.9M (-$194M)
78% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.38M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$3.75M |
| 4 |
MIM
Monashee Investment Management
Boston,
Massachusetts
|
+$3.41M |
| 5 |
CH
CVI Holdings
Wilmington,
Delaware
|
+$3.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$19.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$12.8M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
-$11.9M |
| 4 |
SC
Sculptor Capital
New York
|
-$11.2M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
-$10.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EAM
76
Exos Asset Management
New York
| – | -$398K | -3,077 | Closed |
|
|
AA
77
Ancora Advisors
Cleveland,
Ohio
| – | -$324K | -2,508 | Closed |
|
|
LCM
78
Landscape Capital Management
Englewood,
New Jersey
| – | -$288K | -2,228 | Closed |
|
|
GCM
79
Granby Capital Management
Miami Beach,
Florida
| – | -$249K | -1,923 | Closed |
|
|
BCM
80
Basso Capital Management
Stamford,
Connecticut
| – | -$247K | -1,908 | Closed |
|
|
HIM
81
HGC Investment Management
Toronto,
Ontario, Canada
| – | -$80K | -614 | Closed |
|
82
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -7 | Closed |
|
LOCL Hedge Fund Activity: Q4 2021 in Review
23 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Local Bounti (LOCL) for Q4 2021, worth a combined $54.9M — down 78% from $249M a quarter earlier.
Sellers outnumbered buyers: 59 funds closed out of LOCL and 13 opened new positions — a net loss of 46 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Fidelity Investments, opening a new position worth an estimated $51.1M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $19.1M sold.
- 23 institutional investors held Local Bounti (LOCL) as of Q4 2021, down from 71 in Q3 2021.
- Funds reported $54.9M of Local Bounti stock for Q4 2021, down 78% quarter-over-quarter.
- 13 funds opened new Local Bounti positions in Q4 2021 and 59 closed out, a net change of -46 holders.
- The largest Local Bounti buyer in Q4 2021 was Fidelity Investments, an estimated $51.1M added.
- The largest Local Bounti seller in Q4 2021 was Glazer Capital LLC, an estimated $19.1M sold.
Based on aggregated 13F filings for Q4 2021.