Grindr
GRND
29 hedge funds and large institutions have $64.9M invested in Grindr in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 0 increasing their positions, 4 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
127% more capital invested
Capital invested by funds: $28.6M → $64.9M (+$36.3M)
93% more funds holding
Funds holding: 15 → 29 (+14)
2.46% more ownership
Funds ownership: 3.54% → 6% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 4
Top Buyers
| 1 |
1WCM
12 West Capital Management
New York
|
+$27.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.03M |
| 3 |
BlackRock
New York
|
+$1.95M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.57M |
| 5 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
+$1.43M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Morgan Stanley
New York
| $13.9K | -$6.25K | -1,046 | -32% |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| $5.47K | +$5.25K | +879 | New |
|
28
Wells Fargo
San Francisco,
California
| $1.04K | +$1K | +168 | New |
|
29
Osaic Holdings
Scottsdale,
Arizona
| $622 | -$2.69K | -450 | -82% |
|
|
XT
30
XTX Topco
George Town,
Cayman Islands
| – | -$147K | -31,511 | Closed |
|
|
LP
31
LMR Partners
London,
United Kingdom
| – | -$89.7K | -19,288 | Closed |
|
|
BCM
32
Beaumont Capital Management
Boston,
Massachusetts
| – | -$53.6K | -11,524 | Closed |
|
|
PCM
33
Prelude Capital Management
New York
| – | -$46.5K | -10,000 | Closed |
|
34
JP Morgan Chase
New York
| – | -$13K | -2,876 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$1.37K | -294 | Closed |
|
GRND Hedge Fund Activity: Q1 2023 in Review
29 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q1 2023, worth a combined $64.9M — up 127% from $28.6M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GRND positions and 7 closed out — a net gain of 14 holders — while 0 added to existing stakes and 4 trimmed.
The largest buyer was 12 West Capital Management, opening a new position worth an estimated $27.9M. The largest seller was Prescott General Partners, cutting an estimated $12.8M.
- 29 institutional investors held Grindr (GRND) as of Q1 2023, up from 15 in Q4 2022.
- Funds reported $64.9M of Grindr stock for Q1 2023, up 127% quarter-over-quarter.
- 21 funds opened new Grindr positions in Q1 2023 and 7 closed out, a net change of +14 holders.
- The largest Grindr buyer in Q1 2023 was 12 West Capital Management, an estimated $27.9M added.
- The largest Grindr seller in Q1 2023 was Prescott General Partners, an estimated $12.8M sold.
Based on aggregated 13F filings for Q1 2023.