LoveSac
LOVE
61 hedge funds and large institutions have $196M invested in LoveSac in 2019 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
22% more capital invested
Capital invested by funds: $160M → $196M (+$36M)
11% more funds holding
Funds holding: 55 → 61 (+6)
0.51% more ownership
Funds ownership: 51.64% → 52.14% (+0.51%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$2.95M |
| 2 |
EI
EAM Investors
Solana Beach,
California
|
+$1.82M |
| 3 |
SIM
Spark Investment Management
New York
|
+$1.67M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$1.44M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
+$1.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$4.1M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$2.89M |
| 3 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$1.55M |
| 4 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$1.51M |
| 5 |
FA
Friess Associates
Greenville,
Delaware
|
-$776K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $41K | -$1.11K | -41 | -3% |
|
52
BNP Paribas Financial Markets
Paris,
France
| $33K | +$29.8K | +1,100 | +1,264% |
|
53
Morgan Stanley
New York
| $28K | -$212K | -7,837 | -89% |
|
|
SO
54
STRS Ohio
Columbus,
Ohio
| $27K | – | – | – |
|
55
Legal & General Group
London,
United Kingdom
| $25K | – | – | – |
|
56
UBS Group
Zurich,
Switzerland
| $14K | -$43.3K | -1,598 | -76% |
|
57
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
AIP
58
Ameritas Investment Partners
Lincoln,
Nebraska
| $8K | – | – | – |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| $4K | +$1.41K | +52 | +51% |
|
|
AG
60
Advisor Group
Phoenix,
Arizona
| $4K | +$4.06K | +150 | New |
|
|
MWNA
61
Marshall Wace North America
New York
| – | -$491K | -21,398 | Closed |
|
62
Millennium Management
New York
| – | -$288K | -12,551 | Closed |
|
63
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2.17K | -80 | -99% |
|
LOVE Hedge Fund Activity: Q1 2019 in Review
61 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q1 2019, worth a combined $196M — up 22% from $160M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new LOVE positions and 2 closed out — a net gain of 6 holders — while 18 added to existing stakes and 23 trimmed.
The largest buyer was Lord, Abbett & Co, adding an estimated $2.95M. The largest seller was Janus Henderson Group, cutting an estimated $4.1M.
- 61 institutional investors held LoveSac (LOVE) as of Q1 2019, up from 55 in Q4 2018.
- Funds reported $196M of LoveSac stock for Q1 2019, up 22% quarter-over-quarter.
- 8 funds opened new LoveSac positions in Q1 2019 and 2 closed out, a net change of +6 holders.
- The largest LoveSac buyer in Q1 2019 was Lord, Abbett & Co, an estimated $2.95M added.
- The largest LoveSac seller in Q1 2019 was Janus Henderson Group, an estimated $4.1M sold.
Based on aggregated 13F filings for Q1 2019.