Liquidity Services

LQDT • NASDAQ

Liquidity Services is a specialty retail company in the consumer cyclical sector on NASDAQ, led by William P. Angrick, III, with a market cap of $975.0M. As of Q3 2025, 80% of shares are held by 169 institutional investors, with BlackRock, Inc. as the largest holder at 10.73%.

Chairman of the Board and CEOWilliam P. Angrick, III

Market Cap$975.0M

Specialty Retail

Consumer Cyclical

Employees716.0

Websiteliquidityservices.com

Country

United States of America

Overview

Overview of institutional ownership in LQDT as of Q3 2025 with a market cap of $856.8M

All Institutions

Institutions: 169
Value Held: $683.8M
Shares Held: 24.9M
Avg Position: $4.0M
Median Position: $477.1K

Hedge Funds

Hedge Funds: 19
Value Held: $97.8M
Shares Held: 3.6M
Avg Position: $5.1M
Median Position: $957.3K

Ownership Breakdown

Institutional (non-HF)

68.39%

$586.0M

Hedge Funds

11.41%

$97.8M

Retail & Other

20.2%

$173.1M

Based on market cap of $856.8M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LQDT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$91.9M 0.00% of portfolio	10.73% 3.4M shares	≤ Q2 2013 Held for 12y 5m+	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$48.3M 0.00% of portfolio	5.63% 1.8M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$45.2M 0.06% of portfolio	5.28% 1.6M shares	Q3 2014 Held for 11y 2m	$75.8B
BB&T CORP Institution	William H. Rogers, Jr. CEO	$39.7M 0.05% of portfolio	4.64% 1.4M shares	Q2 2025 Held for 5 months	$73.6B
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$35.2M 0.01% of portfolio	4.11% 1.3M shares	≤ Q2 2013 Held for 12y 5m+	$433.11B
STALEY CAPITAL ADVISERS INC RIA/Wealth	John Adolphus Staley Iv CEO	$27.3M 1.13% of portfolio	3.18% 994.2K shares	Q2 2014 Held for 11y 5m	$2.4B
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$25.2M 0.01% of portfolio	2.94% 919.4K shares	≤ Q2 2013 Held for 12y 5m+	$466.32B
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	$25.0M 1.46% of portfolio	2.91% 909.7K shares	Q3 2022 Held for 3y 2m	$1.7B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$24.2M 0.00% of portfolio	2.83% 884.0K shares	Q3 2022 Held for 3y 2m	$571.21B
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$23.5M 0.00% of portfolio	2.75% 858.5K shares	≤ Q2 2013 Held for 12y 5m+	$2.88T

Net Capital Flow

Institutional buying and selling activity for LQDT in Q3 2025

Traded: −$12.1M
Buyers: 92
Sellers: 76
Total Bought: +$56.3M
Total Sold: −$68.4M
Avg Position: $3.6M

Biggest Buyers

Institution	Net Bought	Current Position
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	+$17.9M +651.0K shares	$17.9M 651.0K shares
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	+$7.0M +254.9K shares	$25.0M 909.7K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$5.8M +209.8K shares	$9.8M 357.7K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$3.7M +136.6K shares	$24.2M 884.0K shares
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	+$3.7M +135.2K shares	$12.8M 465.2K shares
Aristotle Capital Boston, LLC Long Only Manager	+$2.3M +84.9K shares	$19.3M 702.8K shares
MACKENZIE FINANCIAL CORP Long Only Manager	+$1.5M +54.1K shares	$1.5M 54.1K shares
ALGERT COLDIRON INVESTORS LLC Hedge Fund•Quant	+$1.5M +53.2K shares	$1.8M 65.1K shares
A Assenagon Asset Management S.A. Institution	+$1.2M +44.4K shares	$7.5M 271.9K shares
Q Qube Research & Technologies Ltd Institution	+$1.0M +36.6K shares	$8.8M 319.9K shares

Biggest Sellers

Institution	Net Sold	Current Position
R Roubaix Capital, LLC Hedge Fund•Long/Short	−$5.8M −244.6K shares	Sold Off 0 shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	−$4.4M −160.8K shares	$10.9M 397.8K shares
MORGAN STANLEY RIA/Wealth	−$4.1M −148.8K shares	$7.4M 270.3K shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$3.5M −128.1K shares	$45.2M 1.6M shares
Marshall Wace LLP Institution	−$3.5M −126.1K shares	$1.5M 55.5K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$3.4M −124.2K shares	$1.5M 54.0K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	−$2.7M −99.6K shares	$21.3M 775.4K shares
R ROYCE & ASSOCIATES LLC Institution	−$2.7M −97.2K shares	$9.8M 356.6K shares
HARBOR CAPITAL ADVISORS, INC. ETF Provider	−$2.7M −96.7K shares	$2.7M 99.2K shares
Invesco Ltd. ETF Provider	−$2.6M −96.3K shares	$2.8M 103.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LQDT in Q3 2025

New Positions: 13
New Value: $20.1M
Exited Positions: 22
Exited Value: $20.2M

New Positions

Institution	Position Value
Select Equity Group, L.P. Hedge Fund•Multi-Strategy	$17.9M 651.0K shares
B Brevan Howard Capital Management LP Institution	$724.9K 26.4K shares
ARP AMERICAS LLC Hedge Fund•Multi-Strategy	$367.6K 13.4K shares
Sigma Planning Corp RIA/Wealth	$353.8K 12.9K shares
FourThought Financial Partners, LLC RIA/Wealth	$309.5K 11.3K shares
AIGEN INVESTMENT MANAGEMENT, LP Hedge Fund•Long/Short	$214.5K 7.8K shares
ISAM Funds Ltd Hedge Fund•Quant	$198.7K 7.2K shares
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC RIA/Wealth	$44.2K 1.8K shares
MMA ASSET MANAGEMENT LLC Pension/Endowment	$20.9K 763.0 shares
S Salomon & Ludwin, LLC Institution	$3.4K 124.0 shares

Exited Positions

Institution	Previous Position
R Roubaix Capital, LLC Hedge Fund•Long/Short	$5.8M 244.6K shares
P Pacer Advisors, Inc. Institution	$2.5M 107.8K shares
FIRST TRUST ADVISORS LP ETF Provider	$1.8M 77.3K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$1.7M 73.9K shares
O OPTIONS SOLUTIONS, LLC Hedge Fund•Sector	$958.4K 40.6K shares
Integrated Quantitative Investments LLC Long Only Manager	$950.7K 40.3K shares
Militia Capital Partners, LP Hedge Fund•Long/Short	$943.6K 40.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$833.8K 35.3K shares
Allspring Global Investments Holdings, LLC Long Only Manager	$763.1K 32.3K shares
CenterBook Partners LP Hedge Fund•Market Neutral	$717.5K 30.4K shares

Options Activity

Institutions with the largest Call and Put options positions in LQDT as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with LQDT as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. Long Only Manager	Andrew John Matysik CEO	1.46% $25.0M	2.91% 909.7K shares	Q3 2022 Held for 3y 2m	$1.7B
Access Investment Management LLC RIA/Wealth	William Robert Casey CCO	1.18% $4.4M	0.51% 160.6K shares	Q2 2025 Held for 5 months	$372.1M
STALEY CAPITAL ADVISERS INC RIA/Wealth	John Adolphus Staley Iv CEO	1.13% $27.3M	3.18% 994.2K shares	Q2 2014 Held for 11y 5m	$2.4B
Aristotle Capital Boston, LLC Long Only Manager	David Michael Adams CEO	0.99% $19.3M	2.25% 702.8K shares	Q4 2014 Held for 10y 11m	$2.0B
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	0.70% $12.8M	1.49% 465.2K shares	Q3 2022 Held for 3y 2m	$1.8B
Values First Advisors, Inc. RIA/Wealth	Larry Alexander Ellis CEO	0.54% $999.8K	0.12% 36.5K shares	Q4 2019 Held for 5y 11m	$186.1M
H HUSSMAN STRATEGIC ADVISORS, INC. Institution	John Peter Hussman President	0.50% $2.3M	0.27% 84.0K shares	Q2 2025 Held for 5 months	$458.6M
ESSEX INVESTMENT MANAGEMENT CO LLC Long Only Manager	Nancy Beth Prial CEO	0.46% $3.0M	0.35% 108.5K shares	Q3 2024 Held for 1y 2m	$652.5M
North Star Investment Management Corp. RIA/Wealth	Peter David Gottlieb President	0.25% $3.8M	0.44% 139.0K shares	Q1 2023 Held for 2y 8m	$1.6B
HARBOR CAPITAL ADVISORS, INC. ETF Provider	David Gordon Van Hooser Chairman	0.21% $2.7M	0.32% 99.2K shares	Q3 2024 Held for 1y 2m	$1.3B

Hedge Fund Spotlight

Discover hedge funds investing in LQDT

GSA CAPITAL PARTNERS LLP

Hedge Fund • Quant

Portfolio ManagerDavid Khabie-Zeitoune

Portfolio Value: $1.1B
Positions: 1,504
Last Reported: Q3 2025

Sector Allocation

Position in Liquidity Services

Market Value: $203.7K
Shares Held: 7.4K
Portfolio Weight: 0.02%
Owned Since: 2025-Q3

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