Commerce.com Inc Series 1
CMRC
161 hedge funds and large institutions have $590M invested in Commerce.com Inc Series 1 in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 26 closing their positions.
7% more capital invested
Capital invested by funds: $552M → $590M (+$38.4M)
5.3% more ownership
Funds ownership: 74.44% → 79.74% (+5.3%)
8% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 26
0% more funds holding
Funds holding: 161 → 161 (0)
21% less call options, than puts
Call options by funds: $4.08M | Put options by funds: $5.19M
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
38% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.5M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$20.1M |
| 3 |
CCM
Cadian Capital Management
New York
|
+$8.41M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$7.09M |
| 5 |
BlackRock
New York
|
+$3.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LECM
Lead Edge Capital Management
New York
|
-$9.47M |
| 2 |
SoftBank Group
Tokyo,
Japan
|
-$4.93M |
| 3 |
GC
GGV Capital
Menlo Park,
California
|
-$2.68M |
| 4 |
EIM
Essex Investment Management
Boston,
Massachusetts
|
-$2.58M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$1.97M |
CMRC Hedge Fund Activity: Q4 2023 in Review
161 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Commerce.com Inc Series 1 (CMRC) for Q4 2023, worth a combined $590M — up 7% from $552M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new CMRC positions and 26 closed out — a net gain of 2 holders — while 41 added to existing stakes and 66 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.5M. The largest seller was Lead Edge Capital Management, exiting entirely with an estimated $9.47M sold.
- 161 institutional investors held Commerce.com Inc Series 1 (CMRC) as of Q4 2023, unchanged from Q3 2023.
- Funds reported $590M of Commerce.com Inc Series 1 stock for Q4 2023, up 7% quarter-over-quarter.
- 28 funds opened new Commerce.com Inc Series 1 positions in Q4 2023 and 26 closed out, a net change of +2 holders.
- The largest Commerce.com Inc Series 1 buyer in Q4 2023 was Morgan Stanley, an estimated $24.5M added.
- The largest Commerce.com Inc Series 1 seller in Q4 2023 was Lead Edge Capital Management, an estimated $9.47M sold.
Based on aggregated 13F filings for Q4 2023.