Grindr
GRND
48 hedge funds and large institutions have $173M invested in Grindr in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
8% more capital invested
Capital invested by funds: $160M → $173M (+$12.7M)
3.62% more ownership
Funds ownership: 57.33% → 60.96% (+3.6%)
4% less funds holding
Funds holding: 50 → 48 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$11.2M |
| 2 |
LA
Linden Advisors
New York
|
+$5.18M |
| 3 |
AI
Arena Investors
Purchase,
New York
|
+$4.81M |
| 4 |
SC
Sculptor Capital
New York
|
+$4.11M |
| 5 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Beryl Capital Management
Redondo Beach,
California
|
-$12.2M |
| 2 |
CAC
Cowen and Company
New York
|
-$2.77M |
| 3 |
FIA
FNY Investment Advisers
New York
|
-$1.86M |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1M |
| 5 |
GCL
Glazer Capital LLC
New York
|
-$699K |
GRND Hedge Fund Activity: Q1 2022 in Review
48 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q1 2022, worth a combined $173M — up 7.9% from $160M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of GRND and 4 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 8 added.
The largest buyer was Millennium Management, adding an estimated $11.2M. The largest seller was Beryl Capital Management, cutting an estimated $12.2M.
- 48 institutional investors held Grindr (GRND) as of Q1 2022, down from 50 in Q4 2021.
- Funds reported $173M of Grindr stock for Q1 2022, up 7.9% quarter-over-quarter.
- 4 funds opened new Grindr positions in Q1 2022 and 6 closed out, a net change of -2 holders.
- The largest Grindr buyer in Q1 2022 was Millennium Management, an estimated $11.2M added.
- The largest Grindr seller in Q1 2022 was Beryl Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2022.