nCino
NCNO
228 hedge funds and large institutions have $4.07B invested in nCino in 2024 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 88 increasing their positions, 63 reducing their positions, and 31 closing their positions.
1,021% more call options, than puts
Call options by funds: $56.3M | Put options by funds: $5.03M
68% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 31
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
40% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 63
12% more capital invested
Capital invested by funds: $3.63B → $4.07B (+$437M)
9% more funds holding
Funds holding: 209 → 228 (+19)
0.05% less ownership
Funds ownership: 95.44% → 95.39% (-0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$80.8M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$51.1M |
| 3 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$34.9M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$28.7M |
| 5 |
DG
Daventry Group
New York
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$89.9M |
| 2 |
HCM
HMI Capital Management
San Francisco,
California
|
-$45.8M |
| 3 |
JCAM
Jericho Capital Asset Management
New York
|
-$37M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$30.6M |
| 5 |
WP
Woodline Partners
San Francisco,
California
|
-$21M |
NCNO Hedge Fund Activity: Q1 2024 in Review
228 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in nCino (NCNO) for Q1 2024, worth a combined $4.07B — up 12% from $3.63B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new NCNO positions and 31 closed out — a net gain of 21 holders — while 88 added to existing stakes and 63 trimmed.
The largest buyer was Soma Equity Partners, opening a new position worth an estimated $80.8M. The largest seller was Dragoneer Investment Group, cutting an estimated $89.9M.
- 228 institutional investors held nCino (NCNO) as of Q1 2024, up from 209 in Q4 2023.
- Funds reported $4.07B of nCino stock for Q1 2024, up 12% quarter-over-quarter.
- 52 funds opened new nCino positions in Q1 2024 and 31 closed out, a net change of +21 holders.
- The largest nCino buyer in Q1 2024 was Soma Equity Partners, an estimated $80.8M added.
- The largest nCino seller in Q1 2024 was Dragoneer Investment Group, an estimated $89.9M sold.
Based on aggregated 13F filings for Q1 2024.