Liquidity Services
LQDT
121 hedge funds and large institutions have $431M invested in Liquidity Services in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 48 reducing their positions, and 17 closing their positions.
165% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $549K
47% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 17
23% more capital invested
Capital invested by funds: $350M → $431M (+$81.2M)
7% more funds holding
Funds holding: 113 → 121 (+8)
2.09% more ownership
Funds ownership: 64.37% → 66.46% (+2.1%)
17% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$9.87M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$8.75M |
| 3 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$8.73M |
| 4 |
MFIMFI
Mesirow Financial Investment Management - Fixed Income
Chicago,
Illinois
|
+$7.49M |
| 5 |
State Street
Boston,
Massachusetts
|
+$5.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$4.13M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$3.93M |
| 3 |
EI
EAM Investors
Solana Beach,
California
|
-$3.57M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$3.01M |
| 5 |
EGI
EAM Global Investors
Solana Beach,
California
|
-$2.96M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EGM
126
Engineers Gate Manager
New York
| – | -$463K | -29,121 | Closed |
|
|
VF
127
Virtu Financial
New York
| – | -$413K | -25,969 | Closed |
|
|
QC
128
Quadrature Capital
London,
United Kingdom
| – | -$370K | -23,244 | Closed |
|
|
PI
129
PEAK6 Investments
Chicago,
Illinois
| – | -$286K | -17,955 | Closed |
|
130
Boston Partners
Boston,
Massachusetts
| – | -$257K | -16,168 | Closed |
|
131
SG Americas Securities
New York
| – | -$244K | -15,342 | Closed |
|
|
CCFM
132
Clear Creek Financial Management
Silverdale,
Washington
| – | -$163K | -10,282 | Closed |
|
|
MSA
133
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$156K | -9,776 | Closed |
|
|
VCG
134
Vantage Consulting Group
Virginia Beach,
Virginia
| – | -$108K | -6,769 | Closed |
|
|
SSB
135
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -60 | Closed |
|
136
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1K | -37 | Closed |
|
|
GWS
137
Glassman Wealth Services
Vienna,
Virginia
| – | +$398 | +22 | New |
|
LQDT Hedge Fund Activity: Q1 2021 in Review
121 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q1 2021, worth a combined $431M — up 23% from $350M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new LQDT positions and 17 closed out — a net gain of 8 holders — while 40 added to existing stakes and 48 trimmed.
The largest buyer was Granahan Investment Management, adding an estimated $9.87M. The largest seller was Renaissance Technologies, cutting an estimated $4.13M.
- 121 institutional investors held Liquidity Services (LQDT) as of Q1 2021, up from 113 in Q4 2020.
- Funds reported $431M of Liquidity Services stock for Q1 2021, up 23% quarter-over-quarter.
- 25 funds opened new Liquidity Services positions in Q1 2021 and 17 closed out, a net change of +8 holders.
- The largest Liquidity Services buyer in Q1 2021 was Granahan Investment Management, an estimated $9.87M added.
- The largest Liquidity Services seller in Q1 2021 was Renaissance Technologies, an estimated $4.13M sold.
Based on aggregated 13F filings for Q1 2021.