Grove Collaborative
GROV
34 hedge funds and large institutions have $14.5M invested in Grove Collaborative in 2024 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
10% more funds holding
Funds holding: 31 → 34 (+3)
2.32% less ownership
Funds ownership: 33.92% → 31.6% (-2.3%)
26% less capital invested
Capital invested by funds: $19.6M → $14.5M (-$5.19M)
75% less call options, than puts
Call options by funds: $3K | Put options by funds: $12K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$215K |
| 2 |
BlackRock
New York
|
+$54.3K |
| 3 |
EGM
Engineers Gate Manager
New York
|
+$24.7K |
| 4 |
Millennium Management
New York
|
+$17.9K |
| 5 |
Renaissance Technologies
New York
|
+$14.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$627K |
| 2 |
GC
Garde Capital
Seattle,
Washington
|
-$213K |
| 3 |
LNWTC
Laird Norton Wetherby Trust Company
Seattle,
Washington
|
-$79.2K |
| 4 |
VF
Virtu Financial
New York
|
-$22K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$18.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
26
Nordwand Advisors
Radnor,
Pennsylvania
| $4.05K | +$4.28K | +3,000 | New |
|
|
1IA
27
1620 Investment Advisors
Plymouth,
Massachusetts
| $945 | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $599 | +$515 | +361 | +435% |
|
|
T2I
29
Turim 21 Investimentos
Rio De Janeiro,
Brazil
| $289 | – | – | – |
|
|
PS
30
Planned Solutions
Folsom,
California
| $270 | +$285 | +200 | New |
|
31
Bank of America
Charlotte,
North Carolina
| $205 | +$17 | +12 | +9% |
|
32
JP Morgan Chase
New York
| $77 | -$1 | -1 | -2% |
|
33
Osaic Holdings
Scottsdale,
Arizona
| $54 | – | – | – |
|
|
UCI
34
Uncommon Cents Investing
Janesville,
Wisconsin
| $27 | +$29 | +20 | New |
|
|
GC
35
Garde Capital
Seattle,
Washington
| – | -$213K | -120,337 | Closed |
|
|
VF
36
Virtu Financial
New York
| – | -$22K | -12,571 | Closed |
|
GROV Hedge Fund Activity: Q3 2024 in Review
34 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Grove Collaborative (GROV) for Q3 2024, worth a combined $14.5M — down 26% from $19.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GROV positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $215K. The largest seller was Glynn Capital Management, cutting an estimated $627K.
- 34 institutional investors held Grove Collaborative (GROV) as of Q3 2024, up from 31 in Q2 2024.
- Funds reported $14.5M of Grove Collaborative stock for Q3 2024, down 26% quarter-over-quarter.
- 5 funds opened new Grove Collaborative positions in Q3 2024 and 2 closed out, a net change of +3 holders.
- The largest Grove Collaborative buyer in Q3 2024 was Morgan Stanley, an estimated $215K added.
- The largest Grove Collaborative seller in Q3 2024 was Glynn Capital Management, an estimated $627K sold.
Based on aggregated 13F filings for Q3 2024.