LoveSac
LOVE
72 hedge funds and large institutions have $203M invested in LoveSac in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 13 reducing their positions, and 20 closing their positions.
146% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 13
4.24% more ownership
Funds ownership: 82.95% → 87.19% (+4.2%)
5% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 20
5% less funds holding
Funds holding: 76 → 72 (-4)
10% less capital invested
Capital invested by funds: $225M → $203M (-$21.7M)
25% less call options, than puts
Call options by funds: $1.63M | Put options by funds: $2.17M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$10.2M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$5.91M |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$5.48M |
| 4 |
Fidelity International
Hamilton,
Bermuda
|
+$5.36M |
| 5 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$17M |
| 2 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$9.34M |
| 3 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$8.26M |
| 4 |
FA
Friess Associates
Greenville,
Delaware
|
-$2M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$1.89M |
LOVE Hedge Fund Activity: Q4 2019 in Review
72 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q4 2019, worth a combined $203M — down 9.6% from $225M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new LOVE positions and 20 closed out — a net gain of 1 holder — while 32 added to existing stakes and 13 trimmed.
The largest buyer was Granahan Investment Management, opening a new position worth an estimated $10.2M. The largest seller was Lord, Abbett & Co, cutting an estimated $17M.
- 72 institutional investors held LoveSac (LOVE) as of Q4 2019, down from 76 in Q3 2019.
- Funds reported $203M of LoveSac stock for Q4 2019, down 9.6% quarter-over-quarter.
- 21 funds opened new LoveSac positions in Q4 2019 and 20 closed out, a net change of +1 holder.
- The largest LoveSac buyer in Q4 2019 was Granahan Investment Management, an estimated $10.2M added.
- The largest LoveSac seller in Q4 2019 was Lord, Abbett & Co, an estimated $17M sold.
Based on aggregated 13F filings for Q4 2019.