Liquidity Services
LQDT
165 hedge funds and large institutions have $606M invested in Liquidity Services in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 70 increasing their positions, 61 reducing their positions, and 41 closing their positions.
131% more call options, than puts
Call options by funds: $97K | Put options by funds: $42K
15% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 61
5.85% more ownership
Funds ownership: 76.42% → 82.27% (+5.8%)
15% less funds holding
Funds holding: 195 → 165 (-30)
18% less capital invested
Capital invested by funds: $736M → $606M (-$130M)
71% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$39.1M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.3M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$11.6M |
| 4 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$9.48M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$19.4M |
| 2 |
CP
CenterBook Partners
Greenwich,
Connecticut
|
-$6.73M |
| 3 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$6.18M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$5.73M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Macquarie Group
Sydney, NSW 2000,
Australia
| – | -$3.57K | -115 | Closed |
|
202
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$2.48K | -80 | Closed |
|
|
SW
203
SVB Wealth
Boston,
Massachusetts
| – | -$2.26K | -73 | Closed |
|
|
PFBT
204
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| – | -$466 | -15 | Closed |
|
|
SC
205
Stephens Consulting
Flint,
Michigan
| – | -$311 | -10 | Closed |
|
|
TWD
206
True Wealth Design
Akron,
Ohio
| – | -$94 | -3 | Closed |
|
LQDT Hedge Fund Activity: Q2 2025 in Review
165 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q2 2025, worth a combined $606M — down 18% from $736M a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of LQDT and 12 opened new positions — a net loss of 29 holders — while 61 trimmed existing stakes and 70 added.
The largest buyer was Truist Financial, opening a new position worth an estimated $39.1M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $19.4M sold.
- 165 institutional investors held Liquidity Services (LQDT) as of Q2 2025, down from 195 in Q1 2025.
- Funds reported $606M of Liquidity Services stock for Q2 2025, down 18% quarter-over-quarter.
- 12 funds opened new Liquidity Services positions in Q2 2025 and 41 closed out, a net change of -29 holders.
- The largest Liquidity Services buyer in Q2 2025 was Truist Financial, an estimated $39.1M added.
- The largest Liquidity Services seller in Q2 2025 was Portolan Capital Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q2 2025.