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Liquidity Services

113 hedge funds and large institutions have $350M invested in Liquidity Services in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

119% more capital invested

Capital invested by funds: $160M → $350M (+$190M)

54% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 13

7% more funds holding

Funds holding: 106113 (+7)

1.25% more ownership

Funds ownership: 63.12%64.37% (+1.2%)

14% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 44

28% less call options, than puts

Call options by funds: $922K | Put options by funds: $1.28M

Holders
113
Holders Change
+7
Holders Change %
+6.6%
% of All Funds
2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
20
Increased
38
Reduced
44
Closed
13
Calls
$922K
Puts
$1.28M
Net Calls
-$361K
Net Calls Change
-$258K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
26
Morgan Stanley
New York
$1.96M +$530K +47,048 +62%
Two Sigma Advisers
27
Two Sigma Advisers
New York
$1.9M +$64.2K +5,700 +5%
SEI Investments
28
SEI Investments
Pennsylvania
$1.85M +$40.9K +3,633 +3%
Russell Investments Group
29
Russell Investments Group
United Kingdom
$1.76M -$9.72M -863,211 -89%
PAM
30
Panagora Asset Management
Massachusetts
$1.75M +$537K +47,736 +77%
Ameriprise
31
Ameriprise
Minnesota
$1.74M -$53.4K -4,748 -4%
Prudential Financial
32
Prudential Financial
New Jersey
$1.68M +$853K +75,770 +256%
PPA
33
Parametric Portfolio Associates
Washington
$1.53M -$43.3K -3,848 -4%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$1.44M +$73.5K +6,530 +8%
EIM
35
Essex Investment Management
Massachusetts
$1.28M -$66.6K -5,921 -7%
JP Morgan Chase
36
JP Morgan Chase
New York
$1.24M +$567K +50,384 +184%
Legal & General Group
37
Legal & General Group
United Kingdom
$1.16M -$10.2K -908 -1%
ETC
38
Exchange Traded Concepts
Oklahoma
$1.06M +$34.4K +3,060 +5%
AQR Capital Management
39
AQR Capital Management
Connecticut
$1.01M +$218K +19,371 +44%
California Public Employees Retirement System
40
California Public Employees Retirement System
California
$982K +$45.1K +4,011 +7%
Wells Fargo
41
Wells Fargo
California
$964K -$145K -12,862 -18%
SFI
42
Susquehanna Fundamental Investments
Pennsylvania
$936K +$277K +24,630 +72%
Public Sector Pension Investment Board (PSP Investments)
43
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$923K -$25.7K -2,280 -4%
VFA
44
Values First Advisors
Tennessee
$919K -$8.87K -788 -1%
Citadel Advisors
45
Citadel Advisors
Florida
$915K -$354K -31,416 -35%
Susquehanna International Group
46
Susquehanna International Group
Pennsylvania
$905K +$640K +56,869 New
CAM
47
ClariVest Asset Management
California
$808K -$7.88K -700 -1%
New York State Teachers Retirement System (NYSTRS)
48
New York State Teachers Retirement System (NYSTRS)
New York
$799K
CSS
49
Cubist Systematic Strategies
Connecticut
$767K +$230K +20,473 +74%
New York State Common Retirement Fund
50
New York State Common Retirement Fund
New York
$752K +$76.8K +6,822 +17%

LQDT Hedge Fund Activity: Q4 2020 in Review

113 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q4 2020, worth a combined $350M — up 119% from $160M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new LQDT positions and 13 closed out — a net gain of 7 holders — while 38 added to existing stakes and 44 trimmed.

The largest buyer was Fidelity Investments, opening a new position worth an estimated $5.25M. The largest seller was Russell Investments Group, cutting an estimated $9.72M.

  • 113 institutional investors held Liquidity Services (LQDT) as of Q4 2020, up from 106 in Q3 2020.
  • Funds reported $350M of Liquidity Services stock for Q4 2020, up 119% quarter-over-quarter.
  • 20 funds opened new Liquidity Services positions in Q4 2020 and 13 closed out, a net change of +7 holders.
  • The largest Liquidity Services buyer in Q4 2020 was Fidelity Investments, an estimated $5.25M added.
  • The largest Liquidity Services seller in Q4 2020 was Russell Investments Group, an estimated $9.72M sold.

Based on aggregated 13F filings for Q4 2020.