LoveSac
LOVE
141 hedge funds and large institutions have $472M invested in LoveSac in 2023 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 49 increasing their positions, 33 reducing their positions, and 12 closing their positions.
208% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 12
62% more capital invested
Capital invested by funds: $291M → $472M (+$181M)
48% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 33
22% more funds holding
Funds holding: 116 → 141 (+25)
19.17% more ownership
Funds ownership: 87.81% → 106.98% (+19%)
6% less call options, than puts
Call options by funds: $9.5M | Put options by funds: $10.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$27.6M |
| 2 |
Renaissance Technologies
New York
|
+$11.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$11.7M |
| 4 |
Millennium Management
New York
|
+$9.95M |
| 5 |
D.E. Shaw & Co
New York
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$33.9M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$9.56M |
| 3 |
SAM
Silvercrest Asset Management
New York
|
-$1.82M |
| 4 |
Los Angeles Capital Management
Los Angeles,
California
|
-$1.68M |
| 5 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$1.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Simplex Trading
Chicago,
Illinois
| – | -$38.2K | -1,446 | Closed |
|
|
ST
152
Sageworth Trust
Lancaster,
Pennsylvania
| – | -$27K | -1,242 | Closed |
|
LOVE Hedge Fund Activity: Q1 2023 in Review
141 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q1 2023, worth a combined $472M — up 62% from $291M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new LOVE positions and 12 closed out — a net gain of 25 holders — while 49 added to existing stakes and 33 trimmed.
The largest buyer was Hood River Capital Management, opening a new position worth an estimated $27.6M. The largest seller was AllianceBernstein, cutting an estimated $33.9M.
- 141 institutional investors held LoveSac (LOVE) as of Q1 2023, up from 116 in Q4 2022.
- Funds reported $472M of LoveSac stock for Q1 2023, up 62% quarter-over-quarter.
- 37 funds opened new LoveSac positions in Q1 2023 and 12 closed out, a net change of +25 holders.
- The largest LoveSac buyer in Q1 2023 was Hood River Capital Management, an estimated $27.6M added.
- The largest LoveSac seller in Q1 2023 was AllianceBernstein, an estimated $33.9M sold.
Based on aggregated 13F filings for Q1 2023.