LogMein, Inc.
LOGM
LOGM was delisted on the 28th of August, 2020.
201 hedge funds and large institutions have $1.64B invested in LogMein, Inc. in 2016 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 76 increasing their positions, 70 reducing their positions, and 30 closing their positions.
133% more funds holding in top 10
Funds holding in top 10: 3 → 7 (+4)
24% more capital invested
Capital invested by funds: $1.32B → $1.64B (+$316M)
9% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 70
7% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 30
1% less funds holding
Funds holding: 204 → 201 (-3)
40% less call options, than puts
Call options by funds: $1.32M | Put options by funds: $2.21M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
+$30.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.1M |
| 3 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$15.7M |
| 4 |
Alyeska Investment Group
Chicago,
Illinois
|
+$15.4M |
| 5 |
TA
Teachers Advisors
New York
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
RS Investment Management
San Francisco,
California
|
-$24M |
| 2 |
CCM
Cadian Capital Management
New York
|
-$19M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$13.6M |
| 4 |
Morgan Stanley
New York
|
-$11.1M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$7.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
SG Americas Securities
New York
| – | -$141K | -2,800 | Closed |
|
227
KBC Group
Brussels,
Belgium
| – | -$126K | -2,500 | Closed |
|
|
QT
228
Quantbot Technologies
New York
| – | -$35K | -702 | Closed |
|
|
IR
229
Invictus RG
Hamilton,
Bermuda
| – | -$16K | -319 | Closed |
|
|
BAM
230
Barrett Asset Management
New York
| – | -$10K | -200 | Closed |
|
|
TFA
231
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$11K | -200 | Closed |
|
LOGM Hedge Fund Activity: Q2 2016 in Review
201 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in LogMein, Inc. (LOGM) for Q2 2016, worth a combined $1.64B — up 24% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of LOGM and 28 opened new positions — a net loss of 2 holders — while 70 trimmed existing stakes and 76 added.
The largest buyer was Light Street Capital Management, opening a new position worth an estimated $30.9M. The largest seller was RS Investment Management, cutting an estimated $24M.
- 201 institutional investors held LogMein, Inc. (LOGM) as of Q2 2016, down from 204 in Q1 2016.
- Funds reported $1.64B of LogMein, Inc. stock for Q2 2016, up 24% quarter-over-quarter.
- 28 funds opened new LogMein, Inc. positions in Q2 2016 and 30 closed out, a net change of -2 holders.
- The largest LogMein, Inc. buyer in Q2 2016 was Light Street Capital Management, an estimated $30.9M added.
- The largest LogMein, Inc. seller in Q2 2016 was RS Investment Management, an estimated $24M sold.
Based on aggregated 13F filings for Q2 2016.