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Liquidity Services

112 hedge funds and large institutions have $125M invested in Liquidity Services in 2017 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 43 increasing their positions, 36 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

19% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 36

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.18% less ownership

Funds ownership: 67.58%67.4% (-0.18%)

7% less funds holding

Funds holding: 120112 (-8)

7% less capital invested

Capital invested by funds: $135M → $125M (-$9.75M)

57% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 14

99% less call options, than puts

Call options by funds: $2K | Put options by funds: $282K

Holders
112
Holders Change
-8
Holders Change %
-6.67%
% of All Funds
2.79%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
43
Reduced
36
Closed
14
Calls
$2K
Puts
$282K
Net Calls
-$280K
Net Calls Change
+$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$19.6M +$1.24M +203,491 +7%
SCA
2
STALEY CAPITAL ADVISERS
Pennsylvania
$15.2M +$305K +50,000 +2%
Renaissance Technologies
3
Renaissance Technologies
New York
$13M +$1.34M +220,000 +11%
Vanguard Group
4
Vanguard Group
Pennsylvania
$7.5M +$285K +46,775 +4%
Dimensional Fund Advisors
5
Dimensional Fund Advisors
Texas
$6.13M +$826K +135,532 +15%
HAM
6
Harber Asset Management
North Carolina
$5.91M +$2.75M +451,017 +82%
RAM
7
Roumell Asset Management
Maryland
$5.17M +$1.52M +249,611 +40%
D.E. Shaw & Co
8
D.E. Shaw & Co
New York
$4.97M +$47K +7,715 +0.9%
Acadian Asset Management
9
Acadian Asset Management
Massachusetts
$4.86M -$1.14M -186,177 -18%
State Street
10
State Street
Massachusetts
$3.38M -$49.6K -8,141 -1%
GIM
11
Granahan Investment Management
Massachusetts
$2.7M +$56.9K +9,326 +2%
Connor, Clark & Lunn Investment Management (CC&L)
12
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.21M -$85.4K -14,000 -4%
Northern Trust
13
Northern Trust
Illinois
$2.04M -$10.8K -1,763 -0.5%
Fidelity Investments
14
Fidelity Investments
Massachusetts
$1.97M
ACB
15
Aristotle Capital Boston
Massachusetts
$1.67M +$284K +46,628 +20%
Invesco
16
Invesco
Georgia
$1.65M +$5.39K +884 +0.3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$1.56M -$24.2K -3,974 -1%
EBIM
18
Eagle Boston Investment Management
Massachusetts
$1.51M +$26.9K +4,404 +2%
MCM
19
Matarin Capital Management
New York
$1.28M +$87.2K +14,305 +7%
Geode Capital Management
20
Geode Capital Management
Massachusetts
$1.26M +$155K +25,420 +13%
Principal Financial Group
21
Principal Financial Group
Iowa
$1.14M +$34.4K +5,636 +3%
Deutsche Bank
22
Deutsche Bank
Germany
$1.13M +$105K +17,220 +10%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$1.11M
BCM
24
Bridgeway Capital Management
Texas
$1.1M
TAM
25
Tiverton Asset Management
Delaware
$1.08M -$139K -22,792 -11%

LQDT Hedge Fund Activity: Q3 2017 in Review

112 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q3 2017, worth a combined $125M — down 7.2% from $135M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of LQDT and 6 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 43 added.

The largest buyer was Harber Asset Management, adding an estimated $2.75M. The largest seller was Robotti Robert, cutting an estimated $2.45M.

  • 112 institutional investors held Liquidity Services (LQDT) as of Q3 2017, down from 120 in Q2 2017.
  • Funds reported $125M of Liquidity Services stock for Q3 2017, down 7.2% quarter-over-quarter.
  • 6 funds opened new Liquidity Services positions in Q3 2017 and 14 closed out, a net change of -8 holders.
  • The largest Liquidity Services buyer in Q3 2017 was Harber Asset Management, an estimated $2.75M added.
  • The largest Liquidity Services seller in Q3 2017 was Robotti Robert, an estimated $2.45M sold.

Based on aggregated 13F filings for Q3 2017.