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Liquidity Services

96 hedge funds and large institutions have $141M invested in Liquidity Services in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 38 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.07% more ownership

Funds ownership: 69.78%69.85% (+0.07%)

5% less funds holding

Funds holding: 10196 (-5)

16% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 38

19% less capital invested

Capital invested by funds: $174M → $141M (-$32.7M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

Holders
96
Holders Change
-5
Holders Change %
-4.95%
% of All Funds
1.89%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
10
Increased
32
Reduced
38
Closed
15
Calls
$7K
Puts
Net Calls
+$7K
Net Calls Change
-$4K
Name Holding Trade Value Shares
Change
Change in
Stake
VFA
51
Values First Advisors
Tennessee
$191K +$206K +31,981 New
CSS
52
Cubist Systematic Strategies
Connecticut
$184K +$199K +30,881 New
Canada Life
53
Canada Life
Manitoba, Canada
$175K
State Board of Administration of Florida Retirement System
54
State Board of Administration of Florida Retirement System
Florida
$171K
D.E. Shaw & Co
55
D.E. Shaw & Co
New York
$169K -$37.1K -5,769 -17%
Bank of America
56
Bank of America
North Carolina
$166K -$5.68K -883 -3%
WG
57
Winton Group
United Kingdom
$149K -$194K -30,120 -55%
Comerica Bank
58
Comerica Bank
Texas
$135K -$1.45K -225 -0.9%
Thrivent Financial for Lutherans
59
Thrivent Financial for Lutherans
Minnesota
$128K +$231 +36 +0.2%
AllianceBernstein
60
AllianceBernstein
Tennessee
$124K -$3.86K -600 -3%
SOADOR
61
State of Alaska Department of Revenue
Alaska
$121K -$1.84K -286 -1%
AIG
62
American International Group
New York
$118K -$3.37K -524 -3%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$117K +$126K +19,600 New
TPSF
64
Texas Permanent School Fund
Texas
$110K +$585 +91 +0.5%
ASRS
65
Arizona State Retirement System
Arizona
$107K -$87.9K -13,666 -43%
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$107K -$14.1K -2,200 -11%
VOYA Investment Management
67
VOYA Investment Management
Georgia
$96K +$28.7K +4,461 +38%
Deutsche Bank
68
Deutsche Bank
Germany
$85K +$42.2K +6,567 +84%
CGH
69
Crossmark Global Holdings
Texas
$78K -$91.7K -14,270 -52%
Citigroup
70
Citigroup
New York
$76K -$24.5K -3,816 -23%
Assenagon Asset Management
71
Assenagon Asset Management
Luxembourg
$67K -$409K -63,592 -85%
OPERF
72
Oregon Public Employees Retirement Fund
Oregon
$63K
JP Morgan Chase
73
JP Morgan Chase
New York
$60K -$2.33K -363 -3%
BNP Paribas Financial Markets
74
BNP Paribas Financial Markets
France
$57K +$33.4K +5,201 +119%
MSA
75
Mason Street Advisors
Wisconsin
$56K +$1.52K +236 +3%

LQDT Hedge Fund Activity: Q4 2019 in Review

96 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q4 2019, worth a combined $141M — down 19% from $174M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of LQDT and 10 opened new positions — a net loss of 5 holders — while 38 trimmed existing stakes and 32 added.

The largest buyer was BlackRock, adding an estimated $1.61M. The largest seller was Invesco, cutting an estimated $1.16M.

  • 96 institutional investors held Liquidity Services (LQDT) as of Q4 2019, down from 101 in Q3 2019.
  • Funds reported $141M of Liquidity Services stock for Q4 2019, down 19% quarter-over-quarter.
  • 10 funds opened new Liquidity Services positions in Q4 2019 and 15 closed out, a net change of -5 holders.
  • The largest Liquidity Services buyer in Q4 2019 was BlackRock, an estimated $1.61M added.
  • The largest Liquidity Services seller in Q4 2019 was Invesco, an estimated $1.16M sold.

Based on aggregated 13F filings for Q4 2019.