KORE Group Holdings
KORE
50 hedge funds and large institutions have $27.5M invested in KORE Group Holdings in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 2 increasing their positions, 21 reducing their positions, and 14 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
2% more funds holding
Funds holding: 49 → 50 (+1)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1.47% less ownership
Funds ownership: 6.69% → 5.21% (-1.5%)
12% less capital invested
Capital invested by funds: $31.1M → $27.5M (-$3.59M)
90% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RC
RBF Capital
San Francisco,
California
|
+$1.16M |
| 2 |
CF
Cantor Fitzgerald
New York
|
+$208K |
| 3 |
Renaissance Technologies
New York
|
+$148K |
| 4 |
Millennium Management
New York
|
+$112K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$81.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$2.15M |
| 2 |
MCM
Mudrick Capital Management
New York
|
-$919K |
| 3 |
KLC
Kent Lake Capital
Reno,
Nevada
|
-$536K |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$464K |
| 5 |
State Street
Boston,
Massachusetts
|
-$422K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
N
51
Nuveen
Charlotte,
North Carolina
| – | -$61K | -10,050 | Closed |
|
52
JP Morgan Chase
New York
| – | -$39K | -6,453 | Closed |
|
|
RA
53
RiverPark Advisors
New York
| – | -$39.2K | -6,431 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$24.8K | -4,066 | Closed |
|
55
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$23.4K | -3,843 | Closed |
|
56
VOYA Investment Management
Atlanta,
Georgia
| – | -$20.2K | -3,314 | Closed |
|
57
California State Teachers Retirement System (CalSTRS)
West Sacramento,
California
| – | -$19.1K | -3,132 | Closed |
|
58
SG Americas Securities
New York
| – | -$18K | -3,012 | Closed |
|
59
Invesco
Atlanta,
Georgia
| – | -$15.2K | -2,494 | Closed |
|
|
SO
60
STRS Ohio
Columbus,
Ohio
| – | -$10K | -1,640 | Closed |
|
61
Allspring Global Investments
Charlotte,
North Carolina
| – | -$6.92K | -1,135 | Closed |
|
|
AB
62
Amalgamated Bank
New York
| – | -$5K | -808 | Closed |
|
63
Legal & General Group
London,
United Kingdom
| – | -$3.64K | -596 | Closed |
|
|
AIP
64
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$3.21K | -526 | Closed |
|
KORE Hedge Fund Activity: Q2 2023 in Review
50 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in KORE Group Holdings (KORE) for Q2 2023, worth a combined $27.5M — down 12% from $31.1M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new KORE positions and 14 closed out — a net gain of 1 holder — while 2 added to existing stakes and 21 trimmed.
The largest buyer was RBF Capital, opening a new position worth an estimated $1.16M. The largest seller was BlackRock, cutting an estimated $2.15M.
- 50 institutional investors held KORE Group Holdings (KORE) as of Q2 2023, up from 49 in Q1 2023.
- Funds reported $27.5M of KORE Group Holdings stock for Q2 2023, down 12% quarter-over-quarter.
- 15 funds opened new KORE Group Holdings positions in Q2 2023 and 14 closed out, a net change of +1 holder.
- The largest KORE Group Holdings buyer in Q2 2023 was RBF Capital, an estimated $1.16M added.
- The largest KORE Group Holdings seller in Q2 2023 was BlackRock, an estimated $2.15M sold.
Based on aggregated 13F filings for Q2 2023.