Grindr
GRND
85 hedge funds and large institutions have $207M invested in Grindr in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 26 increasing their positions, 30 reducing their positions, and 12 closing their positions.
265% more call options, than puts
Call options by funds: $7.69M | Put options by funds: $2.11M
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
20% more capital invested
Capital invested by funds: $172M → $207M (+$34.8M)
12% more funds holding
Funds holding: 76 → 85 (+9)
0.47% more ownership
Funds ownership: 11.18% → 11.65% (+0.47%)
13% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCG
Luxor Capital Group
New York
|
+$9.67M |
| 2 |
SA
Sycale Advisors
New York
|
+$9.32M |
| 3 |
CC
Cowbird Capital
New York
|
+$6.07M |
| 4 |
Millennium Management
New York
|
+$3.44M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$2.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AFCM
Alta Fox Capital Management
Fort Worth,
Texas
|
-$14M |
| 2 |
BC
BIT Capital
Berlin,
Germany
|
-$9.07M |
| 3 |
Goldman Sachs
New York
|
-$2.23M |
| 4 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$1.83M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$1.65M |
GRND Hedge Fund Activity: Q1 2024 in Review
85 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Grindr (GRND) for Q1 2024, worth a combined $207M — up 20% from $172M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new GRND positions and 12 closed out — a net gain of 9 holders — while 26 added to existing stakes and 30 trimmed.
The largest buyer was Luxor Capital Group, opening a new position worth an estimated $9.67M. The largest seller was Alta Fox Capital Management, exiting entirely with an estimated $14M sold.
- 85 institutional investors held Grindr (GRND) as of Q1 2024, up from 76 in Q4 2023.
- Funds reported $207M of Grindr stock for Q1 2024, up 20% quarter-over-quarter.
- 21 funds opened new Grindr positions in Q1 2024 and 12 closed out, a net change of +9 holders.
- The largest Grindr buyer in Q1 2024 was Luxor Capital Group, an estimated $9.67M added.
- The largest Grindr seller in Q1 2024 was Alta Fox Capital Management, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2024.