Grindr
GRND
49 hedge funds and large institutions have $190M invested in Grindr in 2022 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 12 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
10% more capital invested
Capital invested by funds: $173M → $190M (+$16.7M)
6.82% more ownership
Funds ownership: 60.96% → 67.77% (+6.8%)
2% more funds holding
Funds holding: 48 → 49 (+1)
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$12.9M |
| 2 |
FBCM
Fort Baker Capital Management
Larkspur,
California
|
+$9.23M |
| 3 |
SC
Sculptor Capital
New York
|
+$7.6M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$5.18M |
| 5 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$4.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Public Sector Pension Investment Board (PSP Investments)
Montreal,
Quebec, Canada
|
-$10.3M |
| 2 |
LA
Linden Advisors
New York
|
-$9.1M |
| 3 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$6.6M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$3.41M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$2.82M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LA
51
Linden Advisors
New York
| – | -$9.1M | -887,887 | Closed |
|
|
BCM
52
Beryl Capital Management
Redondo Beach,
California
| – | -$6.6M | -643,521 | Closed |
|
|
HI
53
HBK Investments
Dallas,
Texas
| – | -$3.41M | -332,500 | Closed |
|
|
54
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
| – | -$2.82M | -275,000 | Closed |
|
|
BCM
55
BlueCrest Capital Management
St Helier,
Jersey
| – | -$2.56M | -250,000 | Closed |
|
|
GAMA
56
Graticule Asia Macro Advisors
New York
| – | -$2.05M | -200,000 | Closed |
|
|
MF
57
Magnetar Financial
Evanston,
Illinois
| – | -$841K | -82,090 | Closed |
|
|
SCC
58
Spring Creek Capital
Wichita,
Kansas
| – | -$769K | -75,000 | Closed |
|
|
CM
59
Cohanzick Management
Pleasantville,
New York
| – | -$222K | -21,611 | Closed |
|
|
CC
60
Centiva Capital
New York
| – | -$111K | -10,854 | Closed |
|
61
Morgan Stanley
New York
| – | -$31K | -3,023 | Closed |
|
GRND Hedge Fund Activity: Q2 2022 in Review
49 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q2 2022, worth a combined $190M — up 9.6% from $173M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new GRND positions and 12 closed out — a net gain of 1 holder — while 13 added to existing stakes and 7 trimmed.
The largest buyer was Glazer Capital LLC, opening a new position worth an estimated $12.9M. The largest seller was Public Sector Pension Investment Board (PSP Investments), exiting entirely with an estimated $10.3M sold.
- 49 institutional investors held Grindr (GRND) as of Q2 2022, up from 48 in Q1 2022.
- Funds reported $190M of Grindr stock for Q2 2022, up 9.6% quarter-over-quarter.
- 13 funds opened new Grindr positions in Q2 2022 and 12 closed out, a net change of +1 holder.
- The largest Grindr buyer in Q2 2022 was Glazer Capital LLC, an estimated $12.9M added.
- The largest Grindr seller in Q2 2022 was Public Sector Pension Investment Board (PSP Investments), an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2022.