LoveSac
LOVE
87 hedge funds and large institutions have $342M invested in LoveSac in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 41 increasing their positions, 20 reducing their positions, and 19 closing their positions.
105% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 20
46% more call options, than puts
Call options by funds: $4.2M | Put options by funds: $2.87M
16% more capital invested
Capital invested by funds: $294M → $342M (+$48M)
7.95% more ownership
Funds ownership: 77.16% → 85.11% (+7.9%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 19
2% less funds holding
Funds holding: 89 → 87 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$34.5M |
| 2 |
SAM
Scopus Asset Management
New York
|
+$6.84M |
| 3 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$6.83M |
| 4 |
Morgan Stanley
New York
|
+$5.65M |
| 5 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$4.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
AWM Investment Company
New York
|
-$6.68M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$6.23M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$4.86M |
| 4 |
EI
EAM Investors
Solana Beach,
California
|
-$3.5M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
SG Americas Securities
New York
| – | -$133K | -5,064 | Closed |
|
|
QT
102
Quantbot Technologies
New York
| – | -$52K | -2,000 | Closed |
|
103
US Bancorp
Minneapolis,
Minnesota
| – | -$13K | -500 | Closed |
|
|
VFA
104
Valeo Financial Advisors
Carmel,
Indiana
| – | -$8K | -300 | Closed |
|
|
FCM
105
Firestone Capital Management
Coral Gables,
Florida
| – | -$4K | -150 | Closed |
|
LOVE Hedge Fund Activity: Q3 2020 in Review
87 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q3 2020, worth a combined $342M — up 16% from $294M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of LOVE and 18 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 41 added.
The largest buyer was AllianceBernstein, adding an estimated $34.5M. The largest seller was AWM Investment Company, cutting an estimated $6.68M.
- 87 institutional investors held LoveSac (LOVE) as of Q3 2020, down from 89 in Q2 2020.
- Funds reported $342M of LoveSac stock for Q3 2020, up 16% quarter-over-quarter.
- 18 funds opened new LoveSac positions in Q3 2020 and 19 closed out, a net change of -1 holder.
- The largest LoveSac buyer in Q3 2020 was AllianceBernstein, an estimated $34.5M added.
- The largest LoveSac seller in Q3 2020 was AWM Investment Company, an estimated $6.68M sold.
Based on aggregated 13F filings for Q3 2020.