LogMein, Inc.
LOGM
LOGM was delisted on the 28th of August, 2020.
204 hedge funds and large institutions have $1.33B invested in LogMein, Inc. in 2016 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 78 increasing their positions, 75 reducing their positions, and 40 closing their positions.
4% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 75
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less funds holding
Funds holding: 217 → 204 (-13)
25% less capital invested
Capital invested by funds: $1.78B → $1.33B (-$447M)
28% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 40
49% less call options, than puts
Call options by funds: $1.65M | Put options by funds: $3.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
+$34M |
| 2 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$16M |
| 3 |
Renaissance Technologies
New York
|
+$14M |
| 4 |
GKIM
GW&K Investment Management
Boston,
Massachusetts
|
+$13M |
| 5 |
ECP
Elk Creek Partners
Denver,
Colorado
|
+$9.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$27.9M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$20.1M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$19.8M |
| 4 |
CM
Castleark Management
Chicago,
Illinois
|
-$9.39M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$9.09M |
LOGM Hedge Fund Activity: Q1 2016 in Review
204 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in LogMein, Inc. (LOGM) for Q1 2016, worth a combined $1.33B — down 25% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of LOGM and 29 opened new positions — a net loss of 11 holders — while 75 trimmed existing stakes and 78 added.
The largest buyer was Alyeska Investment Group, opening a new position worth an estimated $34M. The largest seller was Fidelity Investments, cutting an estimated $27.9M.
- 204 institutional investors held LogMein, Inc. (LOGM) as of Q1 2016, down from 217 in Q4 2015.
- Funds reported $1.33B of LogMein, Inc. stock for Q1 2016, down 25% quarter-over-quarter.
- 29 funds opened new LogMein, Inc. positions in Q1 2016 and 40 closed out, a net change of -11 holders.
- The largest LogMein, Inc. buyer in Q1 2016 was Alyeska Investment Group, an estimated $34M added.
- The largest LogMein, Inc. seller in Q1 2016 was Fidelity Investments, an estimated $27.9M sold.
Based on aggregated 13F filings for Q1 2016.