Local Bounti
LOCL
71 hedge funds and large institutions have $249M invested in Local Bounti in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
280% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
32% more capital invested
Capital invested by funds: $188M → $249M (+$60.6M)
25% more funds holding
Funds holding: 57 → 71 (+14)
1.69% more ownership
Funds ownership: 5.32% → 7.02% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$7.65M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.54M |
| 3 |
ECU
Eisler Capital (UK)
London,
United Kingdom
|
+$7.42M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$6.64M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OCAM
Owl Creek Asset Management
New York
|
-$2.47M |
| 2 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$2.24M |
| 3 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$1.97M |
| 4 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$1.64M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$997K |
LOCL Hedge Fund Activity: Q3 2021 in Review
71 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Local Bounti (LOCL) for Q3 2021, worth a combined $249M — up 32% from $188M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new LOCL positions and 5 closed out — a net gain of 14 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $7.65M. The largest seller was Owl Creek Asset Management, cutting an estimated $2.47M.
- 71 institutional investors held Local Bounti (LOCL) as of Q3 2021, up from 57 in Q2 2021.
- Funds reported $249M of Local Bounti stock for Q3 2021, up 32% quarter-over-quarter.
- 19 funds opened new Local Bounti positions in Q3 2021 and 5 closed out, a net change of +14 holders.
- The largest Local Bounti buyer in Q3 2021 was Magnetar Financial, an estimated $7.65M added.
- The largest Local Bounti seller in Q3 2021 was Owl Creek Asset Management, an estimated $2.47M sold.
Based on aggregated 13F filings for Q3 2021.