LoveSac
LOVE
84 hedge funds and large institutions have $316M invested in LoveSac in 2019 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 35 increasing their positions, 14 reducing their positions, and 2 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 2
150% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 14
61% more capital invested
Capital invested by funds: $196M → $316M (+$120M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more funds holding
Funds holding: 61 → 84 (+23)
17.97% more ownership
Funds ownership: 52.14% → 70.11% (+18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$38.1M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.7M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$9.09M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$8.74M |
| 5 |
BlackRock
New York
|
+$4.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$10.1M |
| 2 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$4.31M |
| 3 |
SIM
Spark Investment Management
New York
|
-$1.18M |
| 4 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.07M |
| 5 |
AIC
AWM Investment Company
New York
|
-$859K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Legal & General Group
London,
United Kingdom
| $26K | – | – | – |
|
|
MCIM
77
Meadow Creek Investment Management
Atlanta,
Georgia
| $23K | +$25K | +726 | New |
|
78
BNP Paribas Financial Markets
Paris,
France
| $19.8K | -$18.9K | -550 | -46% |
|
79
Royal Bank of Canada
Toronto,
Ontario, Canada
| $17K | +$1.41K | +41 | +8% |
|
|
FCM
80
Flinton Capital Management
Philadelphia,
Pennsylvania
| $16K | +$18.1K | +528 | New |
|
81
Bank of Montreal
Toronto,
Ontario, Canada
| $15K | +$17K | +494 | +49,400% |
|
|
AIP
82
Ameritas Investment Partners
Lincoln,
Nebraska
| $9K | – | – | – |
|
|
AG
83
Advisor Group
Phoenix,
Arizona
| $5K | – | – | – |
|
|
LTFS
84
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | +$3.44K | +100 | New |
|
|
WCM
85
Woodson Capital Management
Greenwich,
Connecticut
| – | -$4.31M | -154,884 | Closed |
|
|
TRCT
86
Tower Research Capital (TRC)
New York
| – | -$4K | -154 | Closed |
|
LOVE Hedge Fund Activity: Q2 2019 in Review
84 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q2 2019, worth a combined $316M — up 61% from $196M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new LOVE positions and 2 closed out — a net gain of 26 holders — while 35 added to existing stakes and 14 trimmed.
The largest buyer was AllianceBernstein, opening a new position worth an estimated $38.1M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $10.1M.
- 84 institutional investors held LoveSac (LOVE) as of Q2 2019, up from 61 in Q1 2019.
- Funds reported $316M of LoveSac stock for Q2 2019, up 61% quarter-over-quarter.
- 28 funds opened new LoveSac positions in Q2 2019 and 2 closed out, a net change of +26 holders.
- The largest LoveSac buyer in Q2 2019 was AllianceBernstein, an estimated $38.1M added.
- The largest LoveSac seller in Q2 2019 was Gilder Gagnon Howe & Co, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2019.