Grindr
GRND
51 hedge funds and large institutions have $148M invested in Grindr in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 7 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
11% more capital invested
Capital invested by funds: $132M → $148M (+$15.1M)
2.17% more ownership
Funds ownership: 50.6% → 52.77% (+2.2%)
6% less funds holding
Funds holding: 54 → 51 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
Top Sellers
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.37M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$3.1M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$1.47M |
| 4 |
KPF
K2 Principal Fund
Toronto,
Ontario, Canada
|
-$1.19M |
| 5 |
SRCM
Sage Rock Capital Management
New York
|
-$1.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACA
51
Arena Capital Advisors
Los Angeles,
California
| $3K | +$3.02K | +300 | New |
|
|
KPF
52
K2 Principal Fund
Toronto,
Ontario, Canada
| – | -$1.19M | -118,486 | Closed |
|
|
SRCM
53
Sage Rock Capital Management
New York
| – | -$1.04M | -104,000 | Closed |
|
|
BCM
54
BlueCrest Capital Management
St Helier,
Jersey
| – | -$512K | -51,000 | Closed |
|
55
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$331K | -33,000 | Closed |
|
|
KJHP
56
K.J. Harrison & Partners
Toronto,
Ontario, Canada
| – | -$106 | -10,600 | Closed |
|
|
PCM
57
Penserra Capital Management
Orinda,
California
| – | -$70K | -6,985 | Closed |
|
|
AA
58
Ancora Advisors
Cleveland,
Ohio
| – | -$30K | -3,000 | Closed |
|
GRND Hedge Fund Activity: Q3 2021 in Review
51 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q3 2021, worth a combined $148M — up 11% from $132M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of GRND and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 12 added.
The largest buyer was Beryl Capital Management, adding an estimated $11.1M. The largest seller was Citadel Advisors, cutting an estimated $3.37M.
- 51 institutional investors held Grindr (GRND) as of Q3 2021, down from 54 in Q2 2021.
- Funds reported $148M of Grindr stock for Q3 2021, up 11% quarter-over-quarter.
- 4 funds opened new Grindr positions in Q3 2021 and 7 closed out, a net change of -3 holders.
- The largest Grindr buyer in Q3 2021 was Beryl Capital Management, an estimated $11.1M added.
- The largest Grindr seller in Q3 2021 was Citadel Advisors, an estimated $3.37M sold.
Based on aggregated 13F filings for Q3 2021.