Liquidity Services
LQDT
140 hedge funds and large institutions have $281M invested in Liquidity Services in 2023 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 38 increasing their positions, 59 reducing their positions, and 15 closing their positions.
80% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 15
9% more funds holding
Funds holding: 129 → 140 (+11)
4.88% more ownership
Funds ownership: 62.76% → 67.64% (+4.9%)
9% more call options, than puts
Call options by funds: $50K | Put options by funds: $46K
6% less capital invested
Capital invested by funds: $300M → $281M (-$18.4M)
36% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Silvercrest Asset Management
New York
|
+$2.11M |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
+$1.67M |
| 3 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
+$1.48M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$686K |
| 5 |
HF
HRT Financial
New York
|
+$649K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$10.1M |
| 2 |
BlackRock
New York
|
-$5.76M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.78M |
| 4 |
State Street
Boston,
Massachusetts
|
-$1.35M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
-$911K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
151
IFP Advisors
Tampa,
Florida
| – | -$1K | -35 | Closed |
|
|
QCG
152
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$323 | -23 | Closed |
|
153
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$163 | +12 | New |
|
154
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$354 | +26 | New |
|
LQDT Hedge Fund Activity: Q1 2023 in Review
140 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q1 2023, worth a combined $281M — down 6.1% from $300M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new LQDT positions and 15 closed out — a net gain of 12 holders — while 38 added to existing stakes and 59 trimmed.
The largest buyer was Silvercrest Asset Management, adding an estimated $2.11M. The largest seller was Granahan Investment Management, cutting an estimated $10.1M.
- 140 institutional investors held Liquidity Services (LQDT) as of Q1 2023, up from 129 in Q4 2022.
- Funds reported $281M of Liquidity Services stock for Q1 2023, down 6.1% quarter-over-quarter.
- 27 funds opened new Liquidity Services positions in Q1 2023 and 15 closed out, a net change of +12 holders.
- The largest Liquidity Services buyer in Q1 2023 was Silvercrest Asset Management, an estimated $2.11M added.
- The largest Liquidity Services seller in Q1 2023 was Granahan Investment Management, an estimated $10.1M sold.
Based on aggregated 13F filings for Q1 2023.