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Liquidity Services

138 hedge funds and large institutions have $165M invested in Liquidity Services in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 50 increasing their positions, 36 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

39% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 36

30% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 23

5% more funds holding

Funds holding: 132138 (+6)

39% less call options, than puts

Call options by funds: $1.14M | Put options by funds: $1.86M

40% less capital invested

Capital invested by funds: $275M → $165M (-$111M)

Holders
138
Holders Change
+6
Holders Change %
+4.55%
% of All Funds
3.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
30
Increased
50
Reduced
36
Closed
23
Calls
$1.14M
Puts
$1.86M
Net Calls
-$721K
Net Calls Change
+$6.17M
Name Holding Trade Value Shares
Change
Change in
Stake
Geode Capital Management
26
Geode Capital Management
Massachusetts
$1.38M +$167K +15,301 +10%
TCIM
27
TIAA CREF Investment Management
New York
$1.32M -$43.1K -3,959 -2%
Renaissance Technologies
28
Renaissance Technologies
New York
$1.32M +$1.33M +122,440 +314%
DIS
29
Diversified Investment Strategies
Louisiana
$1.27M +$54.2K +4,975 +3%
CEI
30
Clark Estates Inc
New York
$1.23M +$174K +16,000 +12%
Principal Financial Group
31
Principal Financial Group
Iowa
$1.21M +$25K +2,296 +2%
SI
32
Scout Investments
Missouri
$1.2M +$89.8K +8,250 +6%
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$1.11M -$942K -86,466 -39%
SSCM
34
Summit Street Capital Management
New York
$884K +$1.18M +108,156 New
Goldman Sachs
35
Goldman Sachs
New York
$880K +$931K +85,473 +384%
BIM
36
BlackRock Investment Management
Delaware
$781K +$5.5K +505 +0.5%
Two Sigma Advisers
37
Two Sigma Advisers
New York
$766K -$347K -31,900 -25%
Dimensional Fund Advisors
38
Dimensional Fund Advisors
Texas
$755K +$66.2K +6,075 +7%
Thrivent Financial for Lutherans
39
Thrivent Financial for Lutherans
Minnesota
$739K -$63.2K -5,800 -6%
Invesco
40
Invesco
Georgia
$738K +$81.5K +7,486 +9%
Deutsche Bank
41
Deutsche Bank
Germany
$670K +$434K +39,839 +94%
AAA
42
Adams Asset Advisors
Texas
$665K
BG
43
BlackRock Group
United Kingdom
$659K +$632K +58,051 +258%
CS
44
Credit Suisse
Switzerland
$652K +$653K +59,975 +302%
Charles Schwab
45
Charles Schwab
California
$628K +$19.9K +1,830 +2%
NI
46
Numeric Investors
Massachusetts
$620K +$626K +57,500 +313%
CO
47
Caldwell & Orkin
Georgia
$591K +$787K +72,300 New
PP
48
PDT Partners
New York
$553K +$147K +13,500 +25%
GIM
49
Granahan Investment Management
Massachusetts
$535K -$250K -23,000 -26%
California Public Employees Retirement System
50
California Public Employees Retirement System
California
$513K

LQDT Hedge Fund Activity: Q4 2014 in Review

138 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q4 2014, worth a combined $165M — down 40% from $275M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new LQDT positions and 23 closed out — a net gain of 7 holders — while 50 added to existing stakes and 36 trimmed.

The largest buyer was Columbia Wanger Asset Management, adding an estimated $3.18M. The largest seller was Minneapolis Portfolio Management Group, exiting entirely with an estimated $8.88M sold.

  • 138 institutional investors held Liquidity Services (LQDT) as of Q4 2014, up from 132 in Q3 2014.
  • Funds reported $165M of Liquidity Services stock for Q4 2014, down 40% quarter-over-quarter.
  • 30 funds opened new Liquidity Services positions in Q4 2014 and 23 closed out, a net change of +7 holders.
  • The largest Liquidity Services buyer in Q4 2014 was Columbia Wanger Asset Management, an estimated $3.18M added.
  • The largest Liquidity Services seller in Q4 2014 was Minneapolis Portfolio Management Group, an estimated $8.88M sold.

Based on aggregated 13F filings for Q4 2014.