Liquidity Services
LQDT
170 hedge funds and large institutions have $683M invested in Liquidity Services in 2025 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 63 increasing their positions, 56 reducing their positions, and 23 closing their positions.
38% more call options, than puts
Call options by funds: $18K | Put options by funds: $13K
22% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 23
13% more capital invested
Capital invested by funds: $606M → $683M (+$77.3M)
13% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 56
3% more funds holding
Funds holding: 165 → 170 (+5)
2.52% less ownership
Funds ownership: 82.27% → 79.74% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$16.7M |
| 2 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$6.56M |
| 3 |
Millennium Management
New York
|
+$5.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$3.51M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.14M |
| 2 |
RC
Roubaix Capital
Denver,
Colorado
|
-$5.77M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.14M |
| 4 |
Morgan Stanley
New York
|
-$3.83M |
| 5 |
Renaissance Technologies
New York
|
-$3.3M |
LQDT Hedge Fund Activity: Q3 2025 in Review
170 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Liquidity Services (LQDT) for Q3 2025, worth a combined $683M — up 13% from $606M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new LQDT positions and 23 closed out — a net gain of 5 holders — while 63 added to existing stakes and 56 trimmed.
The largest buyer was Select Equity Group, opening a new position worth an estimated $16.7M. The largest seller was UBS Group, cutting an estimated $6.14M.
- 170 institutional investors held Liquidity Services (LQDT) as of Q3 2025, up from 165 in Q2 2025.
- Funds reported $683M of Liquidity Services stock for Q3 2025, up 13% quarter-over-quarter.
- 28 funds opened new Liquidity Services positions in Q3 2025 and 23 closed out, a net change of +5 holders.
- The largest Liquidity Services buyer in Q3 2025 was Select Equity Group, an estimated $16.7M added.
- The largest Liquidity Services seller in Q3 2025 was UBS Group, an estimated $6.14M sold.
Based on aggregated 13F filings for Q3 2025.