LoveSac
LOVE
136 hedge funds and large institutions have $1.04B invested in LoveSac in 2021 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 56 increasing their positions, 45 reducing their positions, and 19 closing their positions.
74% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $13.8M
42% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 19
39% more capital invested
Capital invested by funds: $749M → $1.04B (+$292M)
24% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 45
6% more funds holding
Funds holding: 128 → 136 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.65% less ownership
Funds ownership: 90.18% → 86.53% (-3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$69.1M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$11.9M |
| 3 |
BlackRock
New York
|
+$7.56M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.55M |
| 5 |
Morgan Stanley
New York
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$47.4M |
| 2 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$25.2M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$16.3M |
| 4 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$8.58M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$7.36M |
LOVE Hedge Fund Activity: Q2 2021 in Review
136 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q2 2021, worth a combined $1.04B — up 39% from $749M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LOVE positions and 19 closed out — a net gain of 8 holders — while 56 added to existing stakes and 45 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $69.1M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $47.4M sold.
- 136 institutional investors held LoveSac (LOVE) as of Q2 2021, up from 128 in Q1 2021.
- Funds reported $1.04B of LoveSac stock for Q2 2021, up 39% quarter-over-quarter.
- 27 funds opened new LoveSac positions in Q2 2021 and 19 closed out, a net change of +8 holders.
- The largest LoveSac buyer in Q2 2021 was Fidelity Investments, an estimated $69.1M added.
- The largest LoveSac seller in Q2 2021 was Scopus Asset Management, an estimated $47.4M sold.
Based on aggregated 13F filings for Q2 2021.