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Local Bounti

31 hedge funds and large institutions have $3.4M invested in Local Bounti in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 17 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

13.84% more ownership

Funds ownership: 1.57%15.41% (+14%)

45% less funds holding

Funds holding: 5631 (-25)

71% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 17

80% less capital invested

Capital invested by funds: $16.9M → $3.4M (-$13.4M)

86% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 28

Holders
31
Holders Change
-25
Holders Change %
-44.64%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
5
Reduced
17
Closed
28
Calls
$198K
Puts
Net Calls
+$198K
Net Calls Change
+$52K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.29M +$3.09K +543 +0.1%
BNP Paribas Asset Management
2
BNP Paribas Asset Management
France
$1.01M +$55.1K +9,680 +3%
Vanguard Group
3
Vanguard Group
Pennsylvania
$333K -$145K -25,429 -17%
MSR
4
Main Street Research
Connecticut
$126K -$6 -1 -0%
Millennium Management
5
Millennium Management
New York
$103K +$216K +37,857 New
BP
6
BBR Partners
New York
$79.7K
Geode Capital Management
7
Geode Capital Management
Massachusetts
$77.8K -$209K -36,774 -56%
BlackRock
8
BlackRock
New York
$75.1K -$1.34M -236,271 -90%
SDWIA
9
Schwarz Dygos Wheeler Investment Advisors
Minnesota
$69.6K -$6 -1 -0%
Goldman Sachs
10
Goldman Sachs
New York
$66.8K +$132K +23,244 +1,749%
YIH
11
Y-Intercept (HK)
Hong Kong
$62.7K +$131K +23,037 New
BCM
12
Bridgeway Capital Management
Texas
$45K -$37.2K -6,539 -28%
CSS
13
Cubist Systematic Strategies
Connecticut
$37.3K +$78.1K +13,720 New
Morgan Stanley
14
Morgan Stanley
New York
$9.85K -$9.98K -1,753 -33%
GRP
15
Global Retirement Partners
California
$5.25K +$2.15K +378 +24%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$4.23K +$8.86K +1,557 New
RhumbLine Advisers
17
RhumbLine Advisers
Massachusetts
$3.75K -$12.8K -2,246 -62%
Citigroup
18
Citigroup
New York
$1.89K +$3.56K +625 +880%
TRCT
19
Tower Research Capital (TRC)
New York
$1.34K -$6.12K -1,075 -69%
California State Teachers Retirement System (CalSTRS)
20
California State Teachers Retirement System (CalSTRS)
California
$1.28K -$7.86K -1,381 -75%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1K -$433 -76 -17%
VanEck Associates
22
VanEck Associates
New York
$1K
AF
23
Allworth Financial
California
$523
Osaic Holdings
24
Osaic Holdings
Arizona
$522
Wells Fargo
25
Wells Fargo
California
$384 -$5.27K -926 -87%

LOCL Hedge Fund Activity: Q2 2023 in Review

31 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Local Bounti (LOCL) for Q2 2023, worth a combined $3.4M — down 80% from $16.9M a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of LOCL and 4 opened new positions — a net loss of 24 holders — while 17 trimmed existing stakes and 5 added.

The largest buyer was Millennium Management, opening a new position worth an estimated $216K. The largest seller was BlackRock, cutting an estimated $1.34M.

  • 31 institutional investors held Local Bounti (LOCL) as of Q2 2023, down from 56 in Q1 2023.
  • Funds reported $3.4M of Local Bounti stock for Q2 2023, down 80% quarter-over-quarter.
  • 4 funds opened new Local Bounti positions in Q2 2023 and 28 closed out, a net change of -24 holders.
  • The largest Local Bounti buyer in Q2 2023 was Millennium Management, an estimated $216K added.
  • The largest Local Bounti seller in Q2 2023 was BlackRock, an estimated $1.34M sold.

Based on aggregated 13F filings for Q2 2023.