Grove Collaborative
GROV
31 hedge funds and large institutions have $18M invested in Grove Collaborative in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 5 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 30 → 31 (+1)
7.27% less ownership
Funds ownership: 40.42% → 33.16% (-7.3%)
20% less capital invested
Capital invested by funds: $22.5M → $18M (-$4.49M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
96% less call options, than puts
Call options by funds: $1K | Put options by funds: $27K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$384K |
| 2 |
IG
Inherent Group
New York
|
+$277K |
| 3 |
KAH
Kathryn A. Hall
|
+$49.8K |
| 4 |
Squarepoint
New York
|
+$45.6K |
| 5 |
Millennium Management
New York
|
+$30.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.37M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$714K |
| 3 |
BEW
Burton Enright Welch
Walnut Creek,
California
|
-$171K |
| 4 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$53.7K |
| 5 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$28.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Highlander Capital Management
Short Hills,
New Jersey
| $1.32K | – | – | – |
|
|
T2I
27
Turim 21 Investimentos
Rio De Janeiro,
Brazil
| $357 | – | – | – |
|
|
28
Bank of America
Charlotte,
North Carolina
| $306 | -$714K | -386,873 | -100% |
|
29
Wells Fargo
San Francisco,
California
| $214 | +$11 | +6 | +5% |
|
30
JP Morgan Chase
New York
| $87 | +$28 | +15 | +41% |
|
31
Osaic Holdings
Scottsdale,
Arizona
| $67 | – | – | – |
|
|
BEW
32
Burton Enright Welch
Walnut Creek,
California
| – | -$171K | -96,435 | Closed |
|
|
SW
33
SVB Wealth
Boston,
Massachusetts
| – | -$53.7K | -30,340 | Closed |
|
|
XT
34
XTX Topco
George Town,
Cayman Islands
| – | -$28.9K | -16,343 | Closed |
|
35
Renaissance Technologies
New York
| – | -$24K | -13,580 | Closed |
|
|
ASN
36
Advisory Services Network
Atlanta,
Georgia
| – | -$478 | -270 | Closed |
|
GROV Hedge Fund Activity: Q1 2024 in Review
31 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Grove Collaborative (GROV) for Q1 2024, worth a combined $18M — down 20% from $22.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GROV positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $384K. The largest seller was Morgan Stanley, cutting an estimated $3.37M.
- 31 institutional investors held Grove Collaborative (GROV) as of Q1 2024, up from 30 in Q4 2023.
- Funds reported $18M of Grove Collaborative stock for Q1 2024, down 20% quarter-over-quarter.
- 6 funds opened new Grove Collaborative positions in Q1 2024 and 5 closed out, a net change of +1 holder.
- The largest Grove Collaborative buyer in Q1 2024 was Susquehanna International Group, an estimated $384K added.
- The largest Grove Collaborative seller in Q1 2024 was Morgan Stanley, an estimated $3.37M sold.
Based on aggregated 13F filings for Q1 2024.