Grindr
GRND
15 hedge funds and large institutions have $28.6M invested in Grindr in 2022 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 44 closing their positions.
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
70% less funds holding
Funds holding: 50 → 15 (-35)
74.66% less ownership
Funds ownership: 78.2% → 3.54% (-75%)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
80% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 44
87% less capital invested
Capital invested by funds: $222M → $28.6M (-$193M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
+$41M |
| 2 |
LNWWM
Laird Norton Wetherby Wealth Management
San Francisco,
California
|
+$11M |
| 3 |
BP
BBR Partners
New York
|
+$3.47M |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
+$293K |
| 5 |
HA
HC Advisors
Sandy Springs,
Georgia
|
+$237K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$28.5M |
| 2 |
SC
Sculptor Capital
New York
|
-$18.6M |
| 3 |
AC
Athos Capital
Hong Kong
|
-$12.8M |
| 4 |
WRBC
W.R. Berkley Corp
Greenwich,
Connecticut
|
-$12.7M |
| 5 |
DC
Dryden Capital
Miami,
Florida
|
-$11.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
51
MYDA Advisors
Woodmere,
New York
| – | -$941K | -90,671 | Closed |
|
|
WCMNY
52
Westchester Capital Management (New York)
Valhalla,
New York
| – | -$590K | -56,795 | Closed |
|
|
KL
53
KIM LLC
Wichita,
Kansas
| – | -$519K | -50,000 | Closed |
|
|
SC
54
Shay Capital
New York
| – | -$445K | -42,878 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$214K | -20,656 | Closed |
|
|
FIA
56
FNY Investment Advisers
New York
| – | -$50K | -4,889 | Closed |
|
|
VI
57
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$31K | -2,981 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$18.8K | -2,021 | -98% |
|
|
ACA
59
Arena Capital Advisors
Los Angeles,
California
| – | -$3K | -300 | Closed |
|
GRND Hedge Fund Activity: Q4 2022 in Review
15 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q4 2022, worth a combined $28.6M — down 87% from $222M a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of GRND and 9 opened new positions — a net loss of 35 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Prescott General Partners, opening a new position worth an estimated $41M. The largest seller was Glazer Capital LLC, exiting entirely with an estimated $28.5M sold.
- 15 institutional investors held Grindr (GRND) as of Q4 2022, down from 50 in Q3 2022.
- Funds reported $28.6M of Grindr stock for Q4 2022, down 87% quarter-over-quarter.
- 9 funds opened new Grindr positions in Q4 2022 and 44 closed out, a net change of -35 holders.
- The largest Grindr buyer in Q4 2022 was Prescott General Partners, an estimated $41M added.
- The largest Grindr seller in Q4 2022 was Glazer Capital LLC, an estimated $28.5M sold.
Based on aggregated 13F filings for Q4 2022.