Liquidity Services
LQDT
195 hedge funds and large institutions have $736M invested in Liquidity Services in 2025 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 70 increasing their positions, 66 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
5% more funds holding
Funds holding: 185 → 195 (+10)
4.39% more ownership
Funds ownership: 72.03% → 76.42% (+4.4%)
6% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 66
3% more capital invested
Capital invested by funds: $715M → $736M (+$20.6M)
42% less call options, than puts
Call options by funds: $310K | Put options by funds: $533K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$20.8M |
| 2 |
RA
Royce & Associates
New York
|
+$13.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$9.55M |
| 4 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
+$9.31M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$8.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$18.6M |
| 2 |
SCA
STALEY CAPITAL ADVISERS
Pittsburgh,
Pennsylvania
|
-$11.7M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$6.48M |
| 4 |
Goldman Sachs
New York
|
-$4.78M |
| 5 |
Renaissance Technologies
New York
|
-$4.73M |
LQDT Hedge Fund Activity: Q1 2025 in Review
195 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q1 2025, worth a combined $736M — up 2.9% from $715M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new LQDT positions and 22 closed out — a net gain of 13 holders — while 70 added to existing stakes and 66 trimmed.
The largest buyer was Portolan Capital Management, opening a new position worth an estimated $20.8M. The largest seller was Pacer Advisors, cutting an estimated $18.6M.
- 195 institutional investors held Liquidity Services (LQDT) as of Q1 2025, up from 185 in Q4 2024.
- Funds reported $736M of Liquidity Services stock for Q1 2025, up 2.9% quarter-over-quarter.
- 35 funds opened new Liquidity Services positions in Q1 2025 and 22 closed out, a net change of +13 holders.
- The largest Liquidity Services buyer in Q1 2025 was Portolan Capital Management, an estimated $20.8M added.
- The largest Liquidity Services seller in Q1 2025 was Pacer Advisors, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2025.