KORE Group Holdings
KORE
49 hedge funds and large institutions have $31.1M invested in KORE Group Holdings in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.16% less ownership
Funds ownership: 6.84% → 6.69% (-0.16%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
5% less capital invested
Capital invested by funds: $32.9M → $31.1M (-$1.77M)
14% less funds holding
Funds holding: 57 → 49 (-8)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KLC
Kent Lake Capital
Reno,
Nevada
|
+$2.58M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$85.7K |
| 3 |
Bank of New York Mellon
New York
|
+$36.8K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$32.5K |
| 5 |
Barclays
London,
United Kingdom
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mudrick Capital Management
New York
|
-$1.62M |
| 2 |
RCMNY
Rubric Capital Management (New York)
New York
|
-$897K |
| 3 |
Millennium Management
New York
|
-$219K |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$129K |
| 5 |
DC
Diametric Capital
Boston,
Massachusetts
|
-$98.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
51
Cantor Fitzgerald
New York
| – | -$129K | -20,478 | Closed |
|
|
DC
52
Diametric Capital
Boston,
Massachusetts
| – | -$98.9K | -15,697 | Closed |
|
53
Jane Street
New York
| – | -$44.9K | -7,132 | Closed |
|
|
YIH
54
Y-Intercept (HK)
Hong Kong
| – | -$41.4K | -6,578 | Closed |
|
|
PCM
55
Prelude Capital Management
New York
| – | -$35.2K | -5,582 | Closed |
|
|
CCM
56
Corsair Capital Management
New York
| – | -$29.8K | -4,737 | Closed |
|
|
NA
57
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.26K | -200 | Closed |
|
58
Citigroup
New York
| – | -$358 | -57 | Closed |
|
|
EI
59
Ellevest Inc
New York
| – | -$149 | -24 | Closed |
|
|
CS
60
Credit Suisse
Zurich,
Switzerland
| – | -$3 | – | – |
|
KORE Hedge Fund Activity: Q1 2023 in Review
49 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in KORE Group Holdings (KORE) for Q1 2023, worth a combined $31.1M — down 5.4% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of KORE and 4 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Kent Lake Capital, opening a new position worth an estimated $2.58M. The largest seller was Mudrick Capital Management, cutting an estimated $1.62M.
- 49 institutional investors held KORE Group Holdings (KORE) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $31.1M of KORE Group Holdings stock for Q1 2023, down 5.4% quarter-over-quarter.
- 4 funds opened new KORE Group Holdings positions in Q1 2023 and 10 closed out, a net change of -6 holders.
- The largest KORE Group Holdings buyer in Q1 2023 was Kent Lake Capital, an estimated $2.58M added.
- The largest KORE Group Holdings seller in Q1 2023 was Mudrick Capital Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q1 2023.