LQDT LIQUIDITY SERVICES INC

BEARISH Impact: 5/10 Institutional Cluster
Horizon weeks Processed 2d ago
Institutional cluster: 1 buyers, 6 sellers (bearish)

Executive Summary

Institutional cluster for LQDT shows heavy net selling of ~$13.8M by 6 institutions, led by UBS nearly exiting and Citadel trimming sharply. The only buyer is D.E. Shaw (quant) adding a modest $527K. This suggests a bearish institutional sentiment, though the selling is dominated by passive funds.

Key Financial Metrics

Direction
distributing
Buy Value
$1.3M
Sell Value
$28.7M
Net Flow
-$13.3M

Institutional Positions

Net institutional flow: -$13.3M

▲ Buyers (1)

InstitutionActionChangePosition ValueValue Δ
D.E. Shaw ADD +46.7% $1.3M $527.0K

▼ Sellers (6)

InstitutionActionChangePrev ValueValue Δ
Invesco TRIM -48.3% $4.7M -$1.9M
Citadel TRIM -69.7% $4.2M -$2.7M
UBS NEAR_EXIT -92.6% $6.1M -$5.6M
Ubs Am, A Distinct Business Un TRIM -45.3% $2.5M -$900.1K
BofA TRIM -35.5% $1.3M -$324.4K
Morgan Stanley TRIM -35.5% $9.9M -$2.5M

Actionable Insight

The cluster suggests continued institutional distribution. With passive funds doing most of the selling, the signal may reflect index rebalancing rather than a fundamental deterioration. However, the near-exit by UBS and large trim by Citadel warrant monitoring for further selling. D.E. Shaw's addition provides a mild bullish counterpoint but is too small to outweigh the broader trend.

Key Facts

  • 6 sellers reduced holdings by a net ~$13.8M; 1 buyer added $527K.
  • UBS cut its position by 92.6% (from $6.1M to $525K), nearly exiting.
  • Citadel trimmed by 69.7% (from $4.2M to $1.5M).
  • D.E. Shaw added 46.7% (from $746K to $1.3M), the sole buyer.
  • Most sellers are passive index funds (Invesco, BofA, Morgan Stanley, UBS), reducing conviction of active bearish thesis.

Financial Impact

Net selling of approximately $13.8M by 6 institutions, with the largest seller (UBS) exiting a $6.1M position. Total buying of $527K by D.E. Shaw.

institutional ownershipfloat

Risk Factors

  • Further institutional selling pressure as remaining holders may follow suit.
  • Passive selling could be mechanical, but if fundamentals deteriorate, selling could accelerate.

Market Snapshot

Exchange
Nasdaq
Sector
Services-Business Services, NEC
Analyst Consensus
88% bullish (8 analysts)

Documents Analyzed

This report is based on 1 institutional 13F filing from SEC EDGAR.

DocumentAccession Number
INST-CLUSTER Data (Synthetic)inst-cluster-LQDT-2025-Q3
13 reports for LQDT
Performance horizon
67% Hit rate 2 of 3 directional calls best @ T+20▲ +13.53%Apr 7, 2026
Filters
Rows
Reports for LQDT — sortable, filterable
Type Now
Jun 11, 2026
2d ago
Institutional Cluster
BEARISH ★ 5/10
$37.56 awaiting T+5awaiting T+5
May 29, 2026
15d ago
Insider Cluster
NEUTRAL ★ 4/10
$36.21 $37.23▲ +2.82%▲ +5.34%
May 27, 2026
16d ago
Insider Cluster
NEUTRAL ★ 4/10
$36.33 $36.94▲ +1.68%▲ +1.36%
May 26, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$36.06 $36.14▲ +0.22%▼ −0.25%
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.97 $36.06▲ +6.15%▲ +3.86%
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.34 $34.20▲ +2.58%▲ +3.30%
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$33.34 $34.20▲ +2.58%▲ +3.30%
May 13, 2026
4w ago
Insider Cluster
NEUTRAL ★ 5/10
$33.34 $34.20▲ +2.58%▲ +3.30%
May 7, 2026
5w ago
Press Release
BULLISH ★ 7/10
$36.25 $33.17▼ −8.50%▼ −10.00%
May 5, 2026
5w ago
Insider Cluster
NEUTRAL ★ 3/10
$37.09 $33.58▼ −9.46%▼ −11.45%
Showing 10 of 13

US Market Status

Market Closed — Opens Mon (45h 24m)

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