Lulu's Fashion Lounge
LVLU
50 hedge funds and large institutions have $48.7M invested in Lulu's Fashion Lounge in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 7 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
0.02% more ownership
Funds ownership: 3.45% → 3.47% (+0.02%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $50.8M → $48.7M (-$2.16M)
2% less funds holding
Funds holding: 51 → 50 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$482K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$351K |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$86.7K |
| 4 |
TCAM
Turtle Creek Asset Management
Toronto,
Ontario, Canada
|
+$78.9K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$56.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$166K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$148K |
| 3 |
Renaissance Technologies
New York
|
-$119K |
| 4 |
BlackRock
New York
|
-$83.7K |
| 5 |
Millennium Management
New York
|
-$83.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Ameriprise
Minneapolis,
Minnesota
| – | -$148K | -3,896 | Closed |
|
52
Arrowstreet Capital
Boston,
Massachusetts
| – | -$55K | -1,448 | Closed |
|
53
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$1.64K | -44 | Closed |
|
54
Citigroup
New York
| – | -$284 | -8 | Closed |
|
|
VCM
55
Versant Capital Management
Phoenix,
Arizona
| – | -$216 | -6 | Closed |
|
|
CS
56
Credit Suisse
Zurich,
Switzerland
| – | -$3 | – | – |
|
57
Nisa Investment Advisors
St. Louis,
Missouri
| – | +$169 | +4 | New |
|
LVLU Hedge Fund Activity: Q1 2023 in Review
50 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Lulu's Fashion Lounge (LVLU) for Q1 2023, worth a combined $48.7M — down 4.2% from $50.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of LVLU and 6 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 20 added.
The largest buyer was Principal Financial Group, adding an estimated $482K. The largest seller was Kornitzer Capital Management, exiting entirely with an estimated $166K sold.
- 50 institutional investors held Lulu's Fashion Lounge (LVLU) as of Q1 2023, down from 51 in Q4 2022.
- Funds reported $48.7M of Lulu's Fashion Lounge stock for Q1 2023, down 4.2% quarter-over-quarter.
- 6 funds opened new Lulu's Fashion Lounge positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest Lulu's Fashion Lounge buyer in Q1 2023 was Principal Financial Group, an estimated $482K added.
- The largest Lulu's Fashion Lounge seller in Q1 2023 was Kornitzer Capital Management, an estimated $166K sold.
Based on aggregated 13F filings for Q1 2023.