Liquidity Services
LQDT
106 hedge funds and large institutions have $160M invested in Liquidity Services in 2020 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 43 reducing their positions, and 12 closing their positions.
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
21% more capital invested
Capital invested by funds: $132M → $160M (+$27.4M)
5% more funds holding
Funds holding: 101 → 106 (+5)
2.2% less ownership
Funds ownership: 65.32% → 63.12% (-2.2%)
15% less call options, than puts
Call options by funds: $575K | Put options by funds: $678K
28% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 43
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.12M |
| 2 |
Renaissance Technologies
New York
|
+$957K |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
+$948K |
| 4 |
Millennium Management
New York
|
+$547K |
| 5 |
SCA
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
|
+$494K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2L
22NW LP
Seattle,
Washington
|
-$3.61M |
| 2 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$2.43M |
| 3 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
-$1.59M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$1.35M |
| 5 |
BlackRock
New York
|
-$1.08M |
LQDT Hedge Fund Activity: Q3 2020 in Review
106 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q3 2020, worth a combined $160M — up 21% from $132M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new LQDT positions and 12 closed out — a net gain of 6 holders — while 31 added to existing stakes and 43 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $1.12M. The largest seller was 22NW LP, exiting entirely with an estimated $3.61M sold.
- 106 institutional investors held Liquidity Services (LQDT) as of Q3 2020, up from 101 in Q2 2020.
- Funds reported $160M of Liquidity Services stock for Q3 2020, up 21% quarter-over-quarter.
- 18 funds opened new Liquidity Services positions in Q3 2020 and 12 closed out, a net change of +6 holders.
- The largest Liquidity Services buyer in Q3 2020 was Acadian Asset Management, an estimated $1.12M added.
- The largest Liquidity Services seller in Q3 2020 was 22NW LP, an estimated $3.61M sold.
Based on aggregated 13F filings for Q3 2020.