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Liquidity Services

138 hedge funds and large institutions have $354M invested in Liquidity Services in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 40 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 40

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less funds holding

Funds holding: 153138 (-15)

35% less first-time investments, than exits

New positions opened: 28 | Existing positions closed: 43

39% less call options, than puts

Call options by funds: $4.56M | Put options by funds: $7.48M

57% less capital invested

Capital invested by funds: $817M → $354M (-$463M)

Holders
138
Holders Change
-15
Holders Change %
-9.8%
% of All Funds
3.97%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
28
Increased
51
Reduced
40
Closed
43
Calls
$4.56M
Puts
$7.48M
Net Calls
-$2.92M
Net Calls Change
+$4.61M
Name Holding Trade Value Shares
Change
Change in
Stake
CCA
26
Catalyst Capital Advisors
New York
$2.76M +$2.85M +175,000 New
TCIM
27
TIAA CREF Investment Management
New York
$2.73M +$367K +22,559 +15%
Principal Financial Group
28
Principal Financial Group
Iowa
$2.49M -$210K -12,914 -8%
Geode Capital Management
29
Geode Capital Management
Massachusetts
$2.42M -$36.9K -2,264 -1%
Two Sigma Advisers
30
Two Sigma Advisers
New York
$2.4M -$153K -9,400 -6%
DGI
31
Disciplined Growth Investors
Minnesota
$2.35M -$332K -20,385 -12%
DIS
32
Diversified Investment Strategies
Louisiana
$2.25M +$2.33M +143,000 New
SI
33
Scout Investments
Missouri
$2.03M +$16.3K +1,000 +0.8%
CEI
34
Clark Estates Inc
New York
$1.73M
VAM
35
Verity Asset Management
North Carolina
$1.65M +$171K +10,482 New
New York State Common Retirement Fund
36
New York State Common Retirement Fund
New York
$1.61M +$699K +42,900 +72%
Canada Pension Plan Investment Board
37
Canada Pension Plan Investment Board
Ontario, Canada
$1.6M +$1.66M +101,700 New
BIM
38
BlackRock Investment Management
Delaware
$1.59M +$293K +17,989 +22%
Invesco
39
Invesco
Georgia
$1.42M -$58.3K -3,580 -4%
Thrivent Financial for Lutherans
40
Thrivent Financial for Lutherans
Minnesota
$1.37M +$1.26M +77,550 +816%
Dimensional Fund Advisors
41
Dimensional Fund Advisors
Texas
$1.36M +$380K +23,351 +37%
Prudential Financial
42
Prudential Financial
New Jersey
$1.32M +$397K +24,404 +41%
AAA
43
Adams Asset Advisors
Texas
$1.28M +$1.33M +81,500 New
Charles Schwab
44
Charles Schwab
California
$1.16M +$144K +8,817 +14%
California Public Employees Retirement System
45
California Public Employees Retirement System
California
$1.05M
First Trust Advisors
46
First Trust Advisors
Illinois
$966K -$681K -41,825 -41%
SAG
47
Sterne Agee Group
Alabama
$952K +$17.8K +1,090 +2%
Nordea Investment Management
48
Nordea Investment Management
Sweden
$930K +$29.9K +1,835 +3%
Public Sector Pension Investment Board (PSP Investments)
49
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$905K +$75.3K +4,626 +9%
Citadel Advisors
50
Citadel Advisors
Florida
$900K +$904K +55,526 +3,530%

LQDT Hedge Fund Activity: Q2 2014 in Review

138 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q2 2014, worth a combined $354M — down 57% from $817M a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of LQDT and 28 opened new positions — a net loss of 15 holders — while 40 trimmed existing stakes and 51 added.

The largest buyer was Fidelity Investments, adding an estimated $20.5M. The largest seller was New South Capital Management, exiting entirely with an estimated $63M sold.

  • 138 institutional investors held Liquidity Services (LQDT) as of Q2 2014, down from 153 in Q1 2014.
  • Funds reported $354M of Liquidity Services stock for Q2 2014, down 57% quarter-over-quarter.
  • 28 funds opened new Liquidity Services positions in Q2 2014 and 43 closed out, a net change of -15 holders.
  • The largest Liquidity Services buyer in Q2 2014 was Fidelity Investments, an estimated $20.5M added.
  • The largest Liquidity Services seller in Q2 2014 was New South Capital Management, an estimated $63M sold.

Based on aggregated 13F filings for Q2 2014.