Bird Global, Inc.
BRDS
BRDS was delisted on the 22nd of September, 2023.
79 hedge funds and large institutions have $36.1M invested in Bird Global, Inc. in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 16 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
26% more capital invested
Capital invested by funds: $28.7M → $36.1M (+$7.47M)
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
4% less funds holding
Funds holding: 82 → 79 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPWM
Cypress Point Wealth Management
Dallas,
Texas
|
+$509K |
| 2 |
Millennium Management
New York
|
+$356K |
| 3 |
AI
ArchPoint Investors
Coral Gables,
Florida
|
+$78.4K |
| 4 |
Renaissance Technologies
New York
|
+$62.6K |
| 5 |
ZIG
Zuckerman Investment Group
Chicago,
Illinois
|
+$55.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DOS
David O. Sacks
|
-$5.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.1M |
| 3 |
BlackRock
New York
|
-$719K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$81K |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$81K |
BRDS Hedge Fund Activity: Q1 2023 in Review
79 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Bird Global, Inc. (BRDS) for Q1 2023, worth a combined $36.1M — up 26% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BRDS and 15 opened new positions — a net loss of 1 holder — while 14 trimmed existing stakes and 24 added.
The largest buyer was Cypress Point Wealth Management, opening a new position worth an estimated $509K. The largest seller was David O. Sacks, exiting entirely with an estimated $5.6M sold.
- 79 institutional investors held Bird Global, Inc. (BRDS) as of Q1 2023, down from 82 in Q4 2022.
- Funds reported $36.1M of Bird Global, Inc. stock for Q1 2023, up 26% quarter-over-quarter.
- 15 funds opened new Bird Global, Inc. positions in Q1 2023 and 16 closed out, a net change of -1 holder.
- The largest Bird Global, Inc. buyer in Q1 2023 was Cypress Point Wealth Management, an estimated $509K added.
- The largest Bird Global, Inc. seller in Q1 2023 was David O. Sacks, an estimated $5.6M sold.
Based on aggregated 13F filings for Q1 2023.