Grindr
GRND
76 hedge funds and large institutions have $173M invested in Grindr in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 30 increasing their positions, 12 reducing their positions, and 8 closing their positions.
188% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 8
150% more capital invested
Capital invested by funds: $69.2M → $173M (+$104M)
150% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
25% more funds holding
Funds holding: 61 → 76 (+15)
4.35% more ownership
Funds ownership: 6.91% → 11.26% (+4.3%)
29% less call options, than puts
Call options by funds: $1.74M | Put options by funds: $2.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BIT Capital
Berlin,
Germany
|
+$38.4M |
| 2 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
+$9.43M |
| 3 |
Renaissance Technologies
New York
|
+$2.85M |
| 4 |
Goldman Sachs
New York
|
+$2.53M |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGP
Prescott General Partners
Boca Raton,
Florida
|
-$13.1M |
| 2 |
OMC
Oasis Management Company
Grand Cayman,
Cayman Islands
|
-$1.37M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$737K |
| 5 |
N
Nuveen
Charlotte,
North Carolina
|
-$297K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
76
Oasis Management Company
Grand Cayman,
Cayman Islands
| – | -$1.37M | -238,743 | Closed |
|
|
77
Marshall Wace
London,
United Kingdom
| – | -$737K | -128,150 | Closed |
|
|
HF
78
HRT Financial
New York
| – | -$94K | -16,456 | Closed |
|
79
Group One Trading
Chicago,
Illinois
| – | -$93.2K | -13,789 | Closed |
|
80
Simplex Trading
Chicago,
Illinois
| – | -$87.4K | -12,939 | Closed |
|
81
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$391 | -68 | Closed |
|
|
WAM
82
Wolverine Asset Management
Chicago,
Illinois
| – | -$57 | -10 | Closed |
|
|
C
83
Covestor
London,
United Kingdom
| – | -$14 | -2 | -10% |
|
GRND Hedge Fund Activity: Q4 2023 in Review
76 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q4 2023, worth a combined $173M — up 150% from $69.2M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new GRND positions and 8 closed out — a net gain of 15 holders — while 30 added to existing stakes and 12 trimmed.
The largest buyer was BIT Capital, adding an estimated $38.4M. The largest seller was Prescott General Partners, exiting entirely with an estimated $13.1M sold.
- 76 institutional investors held Grindr (GRND) as of Q4 2023, up from 61 in Q3 2023.
- Funds reported $173M of Grindr stock for Q4 2023, up 150% quarter-over-quarter.
- 23 funds opened new Grindr positions in Q4 2023 and 8 closed out, a net change of +15 holders.
- The largest Grindr buyer in Q4 2023 was BIT Capital, an estimated $38.4M added.
- The largest Grindr seller in Q4 2023 was Prescott General Partners, an estimated $13.1M sold.
Based on aggregated 13F filings for Q4 2023.