LoveSac
LOVE
76 hedge funds and large institutions have $225M invested in LoveSac in 2019 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 16 reducing their positions, and 21 closing their positions.
169% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 16
82% more capital inflows, than outflows
Capital inflows: $69.5M | Capital outflows: $38.2M
12.84% more ownership
Funds ownership: 70.11% → 82.95% (+13%)
10% less funds holding
Funds holding: 84 → 76 (-8)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
93% less call options, than puts
Call options by funds: $87K | Put options by funds: $1.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Park West Asset Management
San Francisco,
California
|
+$10.5M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$8.65M |
| 3 |
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$8.11M |
| 4 |
Wasatch Advisors
Salt Lake City,
Utah
|
+$4.01M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gilder Gagnon Howe & Co
New York
|
-$5.53M |
| 2 |
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$3.69M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$3.12M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
-$2.99M |
| 5 |
EAM Investors
Solana Beach,
California
|
-$2.93M |
LOVE Hedge Fund Activity: Q3 2019 in Review
76 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q3 2019, worth a combined $225M — down 29% from $316M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of LOVE and 13 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 43 added.
The largest buyer was Park West Asset Management, opening a new position worth an estimated $10.5M. The largest seller was Gilder Gagnon Howe & Co, cutting an estimated $5.53M.
- 76 institutional investors held LoveSac (LOVE) as of Q3 2019, down from 84 in Q2 2019.
- Funds reported $225M of LoveSac stock for Q3 2019, down 29% quarter-over-quarter.
- 13 funds opened new LoveSac positions in Q3 2019 and 21 closed out, a net change of -8 holders.
- The largest LoveSac buyer in Q3 2019 was Park West Asset Management, an estimated $10.5M added.
- The largest LoveSac seller in Q3 2019 was Gilder Gagnon Howe & Co, an estimated $5.53M sold.
Based on aggregated 13F filings for Q3 2019.