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Sweetgreen

195 hedge funds and large institutions have $2.24B invested in Sweetgreen in 2024 Q1 according to their latest regulatory filings, with 61 funds opening new positions, 51 increasing their positions, 57 reducing their positions, and 39 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more capital invested

Capital invested by funds: $986M → $2.24B (+$1.25B)

56% more first-time investments, than exits

New positions opened: 61 | Existing positions closed: 39

50% more funds holding in top 10

Funds holding in top 10: 46 (+2)

12% more funds holding

Funds holding: 174195 (+21)

5% more call options, than puts

Call options by funds: $76.2M | Put options by funds: $72.5M

0.79% more ownership

Funds ownership: 87.8%88.59% (+0.79%)

11% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 57

Holders
195
Holders Change
+21
Holders Change %
+12.07%
% of All Funds
2.81%
Holding in Top 10
6
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
61
Increased
51
Reduced
57
Closed
39
Calls
$76.2M
Puts
$72.5M
Net Calls
+$3.75M
Net Calls Change
+$14.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$371M +$7.8M +535,835 +4%
Baillie Gifford & Co
2
Baillie Gifford & Co
United Kingdom
$293M +$176K +12,059 +0.1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$213M +$1.03M +70,395 +0.8%
BlackRock
4
BlackRock
New York
$176M -$1.39M -95,191 -1%
Invesco
5
Invesco
Georgia
$68.1M +$9.47M +650,263 +32%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$67.5M -$8.65M -593,672 -18%
SCM
7
Spyglass Capital Management
California
$64.2M -$1.51M -103,514 -4%
RM
8
Radcliff Management
New York
$53.8M
State Street
9
State Street
Massachusetts
$52.2M +$803K +55,121 +3%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$51.9M +$950K +65,230 +3%
Wellington Management Group
11
Wellington Management Group
Massachusetts
$47.6M +$27.4M +1,884,272 New
Dimensional Fund Advisors
12
Dimensional Fund Advisors
Texas
$43.5M -$90.8K -6,234 -0.4%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$37.9M +$18.2M +1,247,700 +497%
N
14
Nuveen
North Carolina
$34.7M +$16.3M +1,121,846 +444%
JP Morgan Chase
15
JP Morgan Chase
New York
$30.1M +$1.34M +91,765 +8%
HRCM
16
Hood River Capital Management
Florida
$29.1M +$16.8M +1,152,222 New
Two Sigma Investments
17
Two Sigma Investments
New York
$27.5M +$4.74M +325,738 +43%
PCM
18
Portolan Capital Management
Massachusetts
$25.2M +$208K +14,272 +1%
ACH
19
ArrowMark Colorado Holdings
Colorado
$22.9M +$13.2M +908,000 New
First Manhattan
20
First Manhattan
New York
$22.4M -$7.34M -504,125 -36%
D.E. Shaw & Co
21
D.E. Shaw & Co
New York
$22.1M +$7.06M +484,915 +124%
Northern Trust
22
Northern Trust
Illinois
$22M -$284K -19,497 -2%
Morgan Stanley
23
Morgan Stanley
New York
$21.7M -$13.9M -952,166 -53%
DCM
24
Driehaus Capital Management
Illinois
$20.5M +$11.8M +810,187 New
GGHC
25
Gilder Gagnon Howe & Co
New York
$19.6M +$8.83M +606,127 +358%

SG Hedge Fund Activity: Q1 2024 in Review

195 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sweetgreen (SG) for Q1 2024, worth a combined $2.24B — up 127% from $986M a quarter earlier.

Buyers outnumbered sellers: 61 funds opened new SG positions and 39 closed out — a net gain of 22 holders — while 51 added to existing stakes and 57 trimmed.

The largest buyer was Wellington Management Group, opening a new position worth an estimated $27.4M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $38.7M sold.

  • 195 institutional investors held Sweetgreen (SG) as of Q1 2024, up from 174 in Q4 2023.
  • Funds reported $2.24B of Sweetgreen stock for Q1 2024, up 127% quarter-over-quarter.
  • 61 funds opened new Sweetgreen positions in Q1 2024 and 39 closed out, a net change of +22 holders.
  • The largest Sweetgreen buyer in Q1 2024 was Wellington Management Group, an estimated $27.4M added.
  • The largest Sweetgreen seller in Q1 2024 was Anchorage Capital Group, an estimated $38.7M sold.

Based on aggregated 13F filings for Q1 2024.