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, 7 increasing their positions, 3 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 30 → 31 (+1)
0.46% less ownership
Funds ownership: 33.62% → 33.16% (-0.46%)
4% less capital invested
Capital invested by funds: $18.7M → $18M (-$705K)
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 |
Morgan Stanley
New York
|
+$582K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$384K |
| 3 |
IG
Inherent Group
New York
|
+$277K |
| 4 |
KAH
Kathryn A. Hall
|
+$49.8K |
| 5 |
Squarepoint
New York
|
+$45.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$714K |
| 2 |
BEW
Burton Enright Welch
Walnut Creek,
California
|
-$171K |
| 3 |
SW
SVB Wealth
Boston,
Massachusetts
|
-$53.7K |
| 4 |
XT
XTX Topco
George Town,
Cayman Islands
|
-$28.9K |
| 5 |
Renaissance Technologies
New York
|
-$24K |
GROV Hedge Fund Activity: Q1 2024 in Review
31 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Grove Collaborative (GROV) for Q1 2024, worth a combined $18M — down 3.8% from $18.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new GROV positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $582K. The largest seller was Bank of America, cutting an estimated $714K.
- 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 3.8% 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 Morgan Stanley, an estimated $582K added.
- The largest Grove Collaborative seller in Q1 2024 was Bank of America, an estimated $714K sold.
Based on aggregated 13F filings for Q1 2024.