Liquidity Services
LQDT
124 hedge funds and large institutions have $526M invested in Liquidity Services in 2021 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 29 increasing their positions, 59 reducing their positions, and 14 closing their positions.
101% more call options, than puts
Call options by funds: $803K | Put options by funds: $400K
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
1% more funds holding
Funds holding: 123 → 124 (+1)
0.46% more ownership
Funds ownership: 68.23% → 68.68% (+0.46%)
14% less capital invested
Capital invested by funds: $609M → $526M (-$82.4M)
51% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 59
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$17.6M |
| 2 |
SAM
Silvercrest Asset Management
New York
|
+$5.37M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$3.27M |
| 4 |
TCM
Tygh Capital Management
Portland,
Oregon
|
+$2.14M |
| 5 |
Aviva
London,
United Kingdom
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
-$3.18M |
| 2 |
State Street
Boston,
Massachusetts
|
-$3.01M |
| 3 |
BlackRock
New York
|
-$2.31M |
| 4 |
Two Sigma Investments
New York
|
-$1.86M |
| 5 |
Morgan Stanley
New York
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JF
126
Jump Financial
Chicago,
Illinois
| – | -$643K | -25,254 | Closed |
|
|
RFG
127
Range Financial Group
Tigard,
Oregon
| – | -$615K | -24,151 | Closed |
|
|
ETC
128
Exchange Traded Concepts
Oklahoma City,
Oklahoma
| – | -$591K | -23,206 | Closed |
|
|
MGIM
129
M&G Investment Management
London,
United Kingdom
| – | -$340 | -13,581 | Closed |
|
|
EGM
130
Engineers Gate Manager
New York
| – | -$299K | -11,750 | Closed |
|
|
6M
131
6 Meridian
Wichita,
Kansas
| – | -$288K | -11,298 | Closed |
|
|
OR
132
Olympiad Research
Stamford,
Connecticut
| – | -$240K | -9,411 | Closed |
|
133
T. Rowe Price Associates
Baltimore,
Maryland
| – | -$228K | -8,964 | Closed |
|
134
CIBC World Market
Toronto,
Ontario, Canada
| – | -$215K | -8,435 | Closed |
|
|
RR
135
Robotti Robert
| – | -$202K | -7,950 | Closed |
|
|
DWA
136
Dorsey Wright & Associates
Pasadena,
California
| – | -$74K | -2,914 | Closed |
|
LQDT Hedge Fund Activity: Q3 2021 in Review
124 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q3 2021, worth a combined $526M — down 14% from $609M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new LQDT positions and 14 closed out — a net gain of 2 holders — while 29 added to existing stakes and 59 trimmed.
The largest buyer was ProShare Advisors, opening a new position worth an estimated $17.6M. The largest seller was Penserra Capital Management, cutting an estimated $3.18M.
- 124 institutional investors held Liquidity Services (LQDT) as of Q3 2021, up from 123 in Q2 2021.
- Funds reported $526M of Liquidity Services stock for Q3 2021, down 14% quarter-over-quarter.
- 16 funds opened new Liquidity Services positions in Q3 2021 and 14 closed out, a net change of +2 holders.
- The largest Liquidity Services buyer in Q3 2021 was ProShare Advisors, an estimated $17.6M added.
- The largest Liquidity Services seller in Q3 2021 was Penserra Capital Management, an estimated $3.18M sold.
Based on aggregated 13F filings for Q3 2021.