Grove Collaborative
GROV
30 hedge funds and large institutions have $14M invested in Grove Collaborative in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
21.63% more ownership
Funds ownership: 8.37% → 30% (+22%)
11% less capital invested
Capital invested by funds: $15.8M → $14M (-$1.82M)
27% less funds holding
Funds holding: 41 → 30 (-11)
85% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$841K |
| 2 |
DFO
Duquesne Family Office
New York
|
+$432K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$158K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$141K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Difesa Capital Management
New York
|
-$86K |
| 2 |
TSS
Two Sigma Securities
New York
|
-$24.6K |
| 3 |
AWM
Apollon Wealth Management
Mount Pleasant,
South Carolina
|
-$21.3K |
| 4 |
BFWA
Benchmark Financial Wealth Advisors
Boca Raton,
Florida
|
-$17.9K |
| 5 |
Renaissance Technologies
New York
|
-$14K |
GROV Hedge Fund Activity: Q2 2023 in Review
30 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Grove Collaborative (GROV) for Q2 2023, worth a combined $14M — down 11% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of GROV and 2 opened new positions — a net loss of 11 holders — while 7 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $841K. The largest seller was Difesa Capital Management, exiting entirely with an estimated $86K sold.
- 30 institutional investors held Grove Collaborative (GROV) as of Q2 2023, down from 41 in Q1 2023.
- Funds reported $14M of Grove Collaborative stock for Q2 2023, down 11% quarter-over-quarter.
- 2 funds opened new Grove Collaborative positions in Q2 2023 and 13 closed out, a net change of -11 holders.
- The largest Grove Collaborative buyer in Q2 2023 was Morgan Stanley, an estimated $841K added.
- The largest Grove Collaborative seller in Q2 2023 was Difesa Capital Management, an estimated $86K sold.
Based on aggregated 13F filings for Q2 2023.