Liquidity Services
LQDT
120 hedge funds and large institutions have $135M invested in Liquidity Services in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 49 increasing their positions, 41 reducing their positions, and 15 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 41
0.23% more ownership
Funds ownership: 67.35% → 67.58% (+0.23%)
8% less funds holding
Funds holding: 131 → 120 (-11)
20% less capital invested
Capital invested by funds: $169M → $135M (-$34.1M)
73% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 15
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.59M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$4.36M |
| 2 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
+$2.49M |
| 3 |
Renaissance Technologies
New York
|
+$2.49M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.12M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$770K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NI
Numeric Investors
Boston,
Massachusetts
|
-$4.66M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$1.05M |
| 3 |
Morgan Stanley
New York
|
-$799K |
| 4 |
Goldman Sachs
New York
|
-$663K |
| 5 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$660K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
126
Credit Suisse
Zurich,
Switzerland
| – | -$112K | -13,948 | Closed |
|
127
Squarepoint
New York
| – | -$110K | -13,760 | Closed |
|
|
BUB
128
BBVA USA Bancshares
Houston,
Texas
| – | -$92K | -11,447 | Closed |
|
129
SG Americas Securities
New York
| – | -$90K | -11,288 | Closed |
|
|
MAM
130
Martingale Asset Management
Boston,
Massachusetts
| – | -$88K | -10,900 | Closed |
|
|
OP
131
Osmium Partners
Greenbrae,
California
| – | -$80K | -10,000 | Closed |
|
|
AIM
132
Acrospire Investment Management
Chicago,
Illinois
| – | -$18K | -2,293 | Closed |
|
|
QI
133
QS Investors
New York
| – | -$4K | -532 | Closed |
|
134
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -370 | Closed |
|
|
KTC
135
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$2K | -250 | Closed |
|
LQDT Hedge Fund Activity: Q2 2017 in Review
120 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q2 2017, worth a combined $135M — down 20% from $169M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of LQDT and 4 opened new positions — a net loss of 11 holders — while 41 trimmed existing stakes and 49 added.
The largest buyer was Roumell Asset Management, opening a new position worth an estimated $4.36M. The largest seller was Numeric Investors, exiting entirely with an estimated $4.66M sold.
- 120 institutional investors held Liquidity Services (LQDT) as of Q2 2017, down from 131 in Q1 2017.
- Funds reported $135M of Liquidity Services stock for Q2 2017, down 20% quarter-over-quarter.
- 4 funds opened new Liquidity Services positions in Q2 2017 and 15 closed out, a net change of -11 holders.
- The largest Liquidity Services buyer in Q2 2017 was Roumell Asset Management, an estimated $4.36M added.
- The largest Liquidity Services seller in Q2 2017 was Numeric Investors, an estimated $4.66M sold.
Based on aggregated 13F filings for Q2 2017.