Grindr
GRND
50 hedge funds and large institutions have $222M invested in Grindr in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 3 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
17% more capital invested
Capital invested by funds: $190M → $222M (+$31.9M)
10.43% more ownership
Funds ownership: 67.77% → 78.2% (+10%)
2% more funds holding
Funds holding: 49 → 50 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
+$15.4M |
| 2 |
MTCM
Mint Tower Capital Management
Amsterdam,
Netherlands
|
+$5.07M |
| 3 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$4.95M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$3.05M |
| 5 |
DC
Dryden Capital
Miami,
Florida
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$6.8M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
-$2.67M |
| 3 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
-$1.54M |
| 4 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$475K |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$101K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFM
51
Spartan Fund Management
Toronto, Ontario,
Canada
| – | -$1.54M | -150,000 | Closed |
|
52
Bank of America
Charlotte,
North Carolina
| – | -$46K | -4,434 | Closed |
|
|
PCM
53
Penserra Capital Management
Orinda,
California
| – | -$19K | -1,926 | Closed |
|
GRND Hedge Fund Activity: Q3 2022 in Review
50 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q3 2022, worth a combined $222M — up 17% from $190M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GRND positions and 3 closed out — a net gain of 1 holder — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Glazer Capital LLC, adding an estimated $15.4M. The largest seller was Millennium Management, cutting an estimated $6.8M.
- 50 institutional investors held Grindr (GRND) as of Q3 2022, up from 49 in Q2 2022.
- Funds reported $222M of Grindr stock for Q3 2022, up 17% quarter-over-quarter.
- 4 funds opened new Grindr positions in Q3 2022 and 3 closed out, a net change of +1 holder.
- The largest Grindr buyer in Q3 2022 was Glazer Capital LLC, an estimated $15.4M added.
- The largest Grindr seller in Q3 2022 was Millennium Management, an estimated $6.8M sold.
Based on aggregated 13F filings for Q3 2022.