Grove Collaborative
GROV
30 hedge funds and large institutions have $43.2M invested in Grove Collaborative in 2022 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
68% more call options, than puts
Call options by funds: $388K | Put options by funds: $231K
43% more funds holding
Funds holding: 21 → 30 (+9)
1.5% more ownership
Funds ownership: 7.52% → 9.02% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
36% less capital invested
Capital invested by funds: $68M → $43.2M (-$24.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
General Atlantic
New York
|
+$20.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.61M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.56M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$338K |
| 5 |
State Street
Boston,
Massachusetts
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$1.7M |
| 2 |
SC
Sculptor Capital
New York
|
-$1.68M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$1.13M |
| 4 |
Jane Street
New York
|
-$283K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$89K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $1K | +$1.2K | +49 | New |
|
|
27
Jane Street
New York
| – | -$283K | -12,244 | Closed |
|
|
TSS
28
Two Sigma Securities
New York
| – | -$89K | -3,862 | Closed |
|
29
Morgan Stanley
New York
| – | -$38.5K | -1,573 | -100% |
|
|
PCM
30
Penserra Capital Management
Orinda,
California
| – | -$20K | -865 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$5K | -225 | Closed |
|
32
Osaic Holdings
Scottsdale,
Arizona
| – | +$979 | +40 | New |
|
GROV Hedge Fund Activity: Q3 2022 in Review
30 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Grove Collaborative (GROV) for Q3 2022, worth a combined $43.2M — down 36% from $68M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new GROV positions and 5 closed out — a net gain of 10 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was General Atlantic, adding an estimated $20.5M. The largest seller was Lone Pine Capital, cutting an estimated $1.7M.
- 30 institutional investors held Grove Collaborative (GROV) as of Q3 2022, up from 21 in Q2 2022.
- Funds reported $43.2M of Grove Collaborative stock for Q3 2022, down 36% quarter-over-quarter.
- 15 funds opened new Grove Collaborative positions in Q3 2022 and 5 closed out, a net change of +10 holders.
- The largest Grove Collaborative buyer in Q3 2022 was General Atlantic, an estimated $20.5M added.
- The largest Grove Collaborative seller in Q3 2022 was Lone Pine Capital, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2022.