Compass
COMP
189 hedge funds and large institutions have $890M invested in Compass in 2023 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 66 increasing their positions, 45 reducing their positions, and 27 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 45
2.03% more ownership
Funds ownership: 63.6% → 65.63% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less funds holding
Funds holding: 195 → 189 (-6)
13% less capital invested
Capital invested by funds: $1.03B → $890M (-$137M)
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
19% less call options, than puts
Call options by funds: $4.07M | Put options by funds: $4.99M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$29M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$12.6M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$9.44M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.02M |
| 5 |
BCVI
Bain Capital Venture Investors
Boston,
Massachusetts
|
+$7.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$7.37M |
| 2 |
LP
Lexington Partners
New York
|
-$6.83M |
| 3 |
JGC
J. Goldman & Co
New York
|
-$6.51M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.55M |
| 5 |
HAM
Honeycomb Asset Management
New York
|
-$5.25M |
COMP Hedge Fund Activity: Q3 2023 in Review
189 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Compass (COMP) for Q3 2023, worth a combined $890M — down 13% from $1.03B a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of COMP and 23 opened new positions — a net loss of 4 holders — while 45 trimmed existing stakes and 66 added.
The largest buyer was Fidelity Investments, adding an estimated $29M. The largest seller was Portolan Capital Management, exiting entirely with an estimated $7.37M sold.
- 189 institutional investors held Compass (COMP) as of Q3 2023, down from 195 in Q2 2023.
- Funds reported $890M of Compass stock for Q3 2023, down 13% quarter-over-quarter.
- 23 funds opened new Compass positions in Q3 2023 and 27 closed out, a net change of -4 holders.
- The largest Compass buyer in Q3 2023 was Fidelity Investments, an estimated $29M added.
- The largest Compass seller in Q3 2023 was Portolan Capital Management, an estimated $7.37M sold.
Based on aggregated 13F filings for Q3 2023.