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 |
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.