CarLotz, Inc. Class A Common Stock
LOTZ
LOTZ was delisted on the 8th of December, 2022.
43 hedge funds and large institutions have $257M invested in CarLotz, Inc. Class A Common Stock in 2020 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
10% more capital invested
Capital invested by funds: $234M → $257M (+$22.7M)
8% more funds holding
Funds holding: 40 → 43 (+3)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$22.1M |
| 2 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$10.7M |
| 3 |
FTCM
Fir Tree Capital Management
New York
|
+$8.45M |
| 4 |
RCM
Radcliffe Capital Management
Bala Cynwyd,
Pennsylvania
|
+$6.05M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIG
Fortress Investment Group
New York
|
-$14M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$10.6M |
| 3 |
HIM
HGC Investment Management
Toronto,
Ontario, Canada
|
-$8M |
| 4 |
RIA
RP Investment Advisors
Toronto,
Ontario, Canada
|
-$6.49M |
| 5 |
HI
HBK Investments
Dallas,
Texas
|
-$4.99M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Verition Fund Management
Greenwich,
Connecticut
| – | -$495K | -49,400 | Closed |
|
|
DWM
52
Dakota Wealth Management
Palm Beach Gardens,
Florida
| – | -$373K | -37,361 | Closed |
|
|
NAM
53
Nexpoint Asset Management
Dallas,
Texas
| – | -$351K | -35,000 | Closed |
|
|
TRCT
54
Tower Research Capital (TRC)
New York
| – | -$1K | -100 | Closed |
|
LOTZ Hedge Fund Activity: Q1 2020 in Review
43 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in CarLotz, Inc. Class A Common Stock (LOTZ) for Q1 2020, worth a combined $257M — up 9.7% from $234M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new LOTZ positions and 11 closed out — a net gain of 3 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $22.1M. The largest seller was Fortress Investment Group, exiting entirely with an estimated $14M sold.
- 43 institutional investors held CarLotz, Inc. Class A Common Stock (LOTZ) as of Q1 2020, up from 40 in Q4 2019.
- Funds reported $257M of CarLotz, Inc. Class A Common Stock stock for Q1 2020, up 9.7% quarter-over-quarter.
- 14 funds opened new CarLotz, Inc. Class A Common Stock positions in Q1 2020 and 11 closed out, a net change of +3 holders.
- The largest CarLotz, Inc. Class A Common Stock buyer in Q1 2020 was Glazer Capital LLC, an estimated $22.1M added.
- The largest CarLotz, Inc. Class A Common Stock seller in Q1 2020 was Fortress Investment Group, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2020.