SCHEDULE 13G: Staley Capital Advisers and Principals Disclose Passive Stake in Liquidity Services Inc.

Staley Capital Advisers Inc. and its key principals have filed a Schedule 13G, reporting passive beneficial ownership of common stock in Liquidity Services Inc., with individual holdings ranging from 3.1% to 3.4% as of March 31, 2025.

Summary

• Staley Capital Advisers Inc., a Pennsylvania-based registered investment adviser, along with its founding partner, managing director, chief investment officer, president, and vice president, have jointly filed a Schedule 13G.
• The filing reports their beneficial ownership of common stock in Liquidity Services Inc. (CUSIP: 53635B107).
• As of March 31, 2025, the beneficial ownership for each reporting person ranges from 949,012 shares (3.1% of the class) to 1,069,512 shares (3.4% of the class).
• The ownership percentages are calculated based on 31,039,308 shares of Liquidity Services Inc. common stock outstanding as of February 3, 2025, as reported in the issuer's Form 10-Q filed on February 6, 2025.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Liquidity Services Inc.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly alter sentiment, as it indicates a passive investment.

Positives

• Increased transparency regarding significant institutional and individual holdings in Liquidity Services Inc.
• The filing indicates a passive investment, suggesting confidence in the company's current management and strategy without intent to seek control.

Future Outlook

NA

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "Mr. Staley, Mr. Stotz, Mr. McInerney, and Mr. James Roberge each a controlling person of Staley Capital Advisers who may be deemed pursuant to rule 13(d)3 of the Securities Exchange Act of 1934, as amended, to be the beneficial owners of all common stock owned by Staley Capital clients for whom Staley Capital exercises discretion with respect to voting or disposition of the issuer's shares."
• "The Reporting Persons have entered into a Joint Filing Agreement dated May 14, 2025, a copy of which is filed as an Exhibit to this Schedule 13G, pursuant to which the Reporting Persons have agreed to file this statement jointly in accordance with the Securities and Exchange Act of 1934."

Industry Context

This Schedule 13G filing is a routine disclosure of passive beneficial ownership by an investment adviser and its principals. It does not provide specific insights into Liquidity Services Inc.'s operational performance or broader industry trends, but rather reflects an investment decision by Staley Capital Advisers.

Stakeholder Impact

• For shareholders, this filing provides transparency regarding significant institutional and individual holdings, potentially signaling confidence from a professional investment firm.

Key Dates

Keywords

Liquidity Services Inc., Staley Capital Advisers, Schedule 13G, beneficial ownership, common stock, institutional investment, passive investment, SEC filing, investment adviser