LogMein, Inc.
LOGM
LOGM was delisted on the 28th of August, 2020.
120 hedge funds and large institutions have $727M invested in LogMein, Inc. in 2013 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 53 increasing their positions, 34 reducing their positions, and 11 closing their positions.
1,296% more call options, than puts
Call options by funds: $656K | Put options by funds: $47K
56% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 34
30% more capital invested
Capital invested by funds: $560M → $727M (+$167M)
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% more funds holding
Funds holding: 119 → 120 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$33.5M |
| 2 |
RIM
RS Investment Management
San Francisco,
California
|
+$29.1M |
| 3 |
CM
Castleark Management
Chicago,
Illinois
|
+$5.83M |
| 4 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$5.64M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Cadian Capital Management
New York
|
-$29.8M |
| 2 |
D.E. Shaw & Co
New York
|
-$10.9M |
| 3 |
Morgan Stanley
New York
|
-$7.49M |
| 4 |
PC
Pier Capital
Stamford,
Connecticut
|
-$6.71M |
| 5 |
SCA
SAC Capital Advisors
Stamford,
Connecticut
|
-$6.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Renaissance Technologies
New York
| – | -$435K | -17,800 | Closed |
|
|
AL
127
Airain Ltd
St. Peter Port,
Guernsey
| – | -$293K | -11,989 | Closed |
|
128
Group One Trading
Chicago,
Illinois
| – | -$128K | -4,330 | Closed |
|
|
ST
129
Spot Trading
Chicago,
Illinois
| – | -$20K | -830 | Closed |
|
|
GT
130
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$7K | -300 | Closed |
|
131
Walleye Trading
New York
| – | -$3K | -103 | Closed |
|
LOGM Hedge Fund Activity: Q3 2013 in Review
120 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in LogMein, Inc. (LOGM) for Q3 2013, worth a combined $727M — up 30% from $560M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new LOGM positions and 11 closed out — a net gain of 2 holders — while 53 added to existing stakes and 34 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $33.5M. The largest seller was Cadian Capital Management, cutting an estimated $29.8M.
- 120 institutional investors held LogMein, Inc. (LOGM) as of Q3 2013, up from 119 in Q2 2013.
- Funds reported $727M of LogMein, Inc. stock for Q3 2013, up 30% quarter-over-quarter.
- 13 funds opened new LogMein, Inc. positions in Q3 2013 and 11 closed out, a net change of +2 holders.
- The largest LogMein, Inc. buyer in Q3 2013 was AllianceBernstein, an estimated $33.5M added.
- The largest LogMein, Inc. seller in Q3 2013 was Cadian Capital Management, an estimated $29.8M sold.
Based on aggregated 13F filings for Q3 2013.