LoveSac
LOVE
122 hedge funds and large institutions have $274M invested in LoveSac in 2022 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 50 increasing their positions, 35 reducing their positions, and 27 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 35
4% less funds holding
Funds holding: 127 → 122 (-5)
6.23% less ownership
Funds ownership: 94.63% → 88.4% (-6.2%)
19% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 27
30% less call options, than puts
Call options by funds: $12.6M | Put options by funds: $17.9M
31% less capital invested
Capital invested by funds: $394M → $274M (-$121M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$10.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.89M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.6M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.2M |
| 5 |
D.E. Shaw & Co
New York
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$11.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$6.16M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.85M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$5.8M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$3.53M |
LOVE Hedge Fund Activity: Q3 2022 in Review
122 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in LoveSac (LOVE) for Q3 2022, worth a combined $274M — down 31% from $394M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of LOVE and 22 opened new positions — a net loss of 5 holders — while 35 trimmed existing stakes and 50 added.
The largest buyer was Granahan Investment Management, adding an estimated $10.5M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $11.3M sold.
- 122 institutional investors held LoveSac (LOVE) as of Q3 2022, down from 127 in Q2 2022.
- Funds reported $274M of LoveSac stock for Q3 2022, down 31% quarter-over-quarter.
- 22 funds opened new LoveSac positions in Q3 2022 and 27 closed out, a net change of -5 holders.
- The largest LoveSac buyer in Q3 2022 was Granahan Investment Management, an estimated $10.5M added.
- The largest LoveSac seller in Q3 2022 was Hood River Capital Management, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2022.