LogMein, Inc.
LOGM
LOGM was delisted on the 28th of August, 2020.
304 hedge funds and large institutions have $4.13B invested in LogMein, Inc. in 2020 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 107 increasing their positions, 96 reducing their positions, and 61 closing their positions.
30% more call options, than puts
Call options by funds: $9.37M | Put options by funds: $7.24M
11% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 96
4% more capital invested
Capital invested by funds: $3.96B → $4.13B (+$175M)
7% less funds holding
Funds holding: 328 → 304 (-24)
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
34% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$82.7M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$70.9M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$59.2M |
| 4 |
SCS
Syquant Capital SAS
Paris,
France
|
+$59.2M |
| 5 |
Morgan Stanley
New York
|
+$59.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$101M |
| 2 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$83.7M |
| 3 |
OP
Omni Partners
London,
United Kingdom
|
-$81.8M |
| 4 |
SGCM
Sand Grove Capital Management
London,
United Kingdom
|
-$52.7M |
| 5 |
D.E. Shaw & Co
New York
|
-$41.1M |
LOGM Hedge Fund Activity: Q2 2020 in Review
304 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in LogMein, Inc. (LOGM) for Q2 2020, worth a combined $4.13B — up 4.4% from $3.96B a quarter earlier.
Sellers outnumbered buyers: 61 funds closed out of LOGM and 40 opened new positions — a net loss of 21 holders — while 96 trimmed existing stakes and 107 added.
The largest buyer was Citadel Advisors, adding an estimated $82.7M. The largest seller was Victory Capital Management, cutting an estimated $101M.
- 304 institutional investors held LogMein, Inc. (LOGM) as of Q2 2020, down from 328 in Q1 2020.
- Funds reported $4.13B of LogMein, Inc. stock for Q2 2020, up 4.4% quarter-over-quarter.
- 40 funds opened new LogMein, Inc. positions in Q2 2020 and 61 closed out, a net change of -21 holders.
- The largest LogMein, Inc. buyer in Q2 2020 was Citadel Advisors, an estimated $82.7M added.
- The largest LogMein, Inc. seller in Q2 2020 was Victory Capital Management, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2020.