LoveSac
LOVE
48 hedge funds and large institutions have $107M invested in LoveSac in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 9 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
167% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
46% more capital invested
Capital invested by funds: $73.5M → $107M (+$33.8M)
45% more funds holding
Funds holding: 33 → 48 (+15)
2.88% more ownership
Funds ownership: 29.05% → 31.93% (+2.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$3.84M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
+$3.76M |
| 3 |
BlackRock
New York
|
+$3.48M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.94M |
| 5 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$3.42M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.76M |
| 3 |
MWNA
Marshall Wace North America
New York
|
-$855K |
| 4 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$667K |
| 5 |
DIM
DC Investments Management
Mclean,
Virginia
|
-$519K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWNA
51
Marshall Wace North America
New York
| – | -$855K | -41,187 | Closed |
|
|
GIM
52
Granahan Investment Management
Waltham,
Massachusetts
| – | -$667K | -32,155 | Closed |
|
|
DIM
53
DC Investments Management
Mclean,
Virginia
| – | -$519K | -25,010 | Closed |
|
54
Wellington Management Group
Boston,
Massachusetts
| – | -$486K | -23,439 | Closed |
|
55
Goldman Sachs
New York
| – | -$367K | -17,700 | Closed |
|
56
Millennium Management
New York
| – | -$231K | -11,146 | Closed |
|
|
GPCM
57
Granite Point Capital Management
Boston,
Massachusetts
| – | -$212K | -10,202 | Closed |
|
LOVE Hedge Fund Activity: Q3 2018 in Review
48 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q3 2018, worth a combined $107M — up 46% from $73.5M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new LOVE positions and 9 closed out — a net gain of 15 holders — while 16 added to existing stakes and 4 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $3.84M. The largest seller was Polar Asset Management Partners, exiting entirely with an estimated $3.42M sold.
- 48 institutional investors held LoveSac (LOVE) as of Q3 2018, up from 33 in Q2 2018.
- Funds reported $107M of LoveSac stock for Q3 2018, up 46% quarter-over-quarter.
- 24 funds opened new LoveSac positions in Q3 2018 and 9 closed out, a net change of +15 holders.
- The largest LoveSac buyer in Q3 2018 was Lord, Abbett & Co, an estimated $3.84M added.
- The largest LoveSac seller in Q3 2018 was Polar Asset Management Partners, an estimated $3.42M sold.
Based on aggregated 13F filings for Q3 2018.