GoPro
GPRO
169 hedge funds and large institutions have $165M invested in GoPro in 2024 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 39 increasing their positions, 66 reducing their positions, and 40 closing their positions.
255% more call options, than puts
Call options by funds: $1.34M | Put options by funds: $378K
5.09% less ownership
Funds ownership: 64.3% → 59.22% (-5.1%)
9% less funds holding
Funds holding: 185 → 169 (-16)
33% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 40
41% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 66
42% less capital invested
Capital invested by funds: $285M → $165M (-$120M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$3.7M |
| 2 |
D.E. Shaw & Co
New York
|
+$3.17M |
| 3 |
Two Sigma Investments
New York
|
+$2.1M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$1.54M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.77M |
| 2 |
Morgan Stanley
New York
|
-$4.88M |
| 3 |
Bank of New York Mellon
New York
|
-$4.69M |
| 4 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$3.79M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OP
201
ORG Partners
Roanoke,
Indiana
| – | -$694 | -200 | Closed |
|
|
RFG
202
RFP Financial Group
Atlanta,
Georgia
| – | -$482 | -139 | Closed |
|
203
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$236 | -68 | Closed |
|
|
SS
204
Sunbelt Securities
Houston,
Texas
| – | -$174 | -50 | Closed |
|
|
ASN
205
Advisory Services Network
Atlanta,
Georgia
| – | -$115 | -33 | Closed |
|
|
TWC
206
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$81 | -25 | Closed |
|
|
FGAM
207
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$3.09M | -15 | Closed |
|
GPRO Hedge Fund Activity: Q1 2024 in Review
169 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in GoPro (GPRO) for Q1 2024, worth a combined $165M — down 42% from $285M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of GPRO and 27 opened new positions — a net loss of 13 holders — while 66 trimmed existing stakes and 39 added.
The largest buyer was Acadian Asset Management, adding an estimated $3.7M. The largest seller was Vanguard Group, cutting an estimated $6.77M.
- 169 institutional investors held GoPro (GPRO) as of Q1 2024, down from 185 in Q4 2023.
- Funds reported $165M of GoPro stock for Q1 2024, down 42% quarter-over-quarter.
- 27 funds opened new GoPro positions in Q1 2024 and 40 closed out, a net change of -13 holders.
- The largest GoPro buyer in Q1 2024 was Acadian Asset Management, an estimated $3.7M added.
- The largest GoPro seller in Q1 2024 was Vanguard Group, an estimated $6.77M sold.
Based on aggregated 13F filings for Q1 2024.