Sweetgreen
238 hedge funds and large institutions have $2.83B invested in Sweetgreen in 2024 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 87 increasing their positions, 58 reducing their positions, and 28 closing their positions.
161% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 28
50% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 58
27% more capital invested
Capital invested by funds: $2.24B → $2.83B (+$594M)
22% more funds holding
Funds holding: 195 → 238 (+43)
4.96% more ownership
Funds ownership: 88.59% → 93.55% (+5%)
7% more call options, than puts
Call options by funds: $97.1M | Put options by funds: $91M
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$51.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$40.9M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$35.3M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$30.4M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$102M |
| 2 |
RM
Radcliff Management
New York
|
-$53.8M |
| 3 |
JP Morgan Chase
New York
|
-$19.3M |
| 4 |
First Manhattan
New York
|
-$16.7M |
| 5 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$15.8M |
SG Hedge Fund Activity: Q2 2024 in Review
238 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sweetgreen (SG) for Q2 2024, worth a combined $2.83B — up 27% from $2.24B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new SG positions and 28 closed out — a net gain of 45 holders — while 87 added to existing stakes and 58 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $51.5M. The largest seller was Fidelity Investments, cutting an estimated $102M.
- 238 institutional investors held Sweetgreen (SG) as of Q2 2024, up from 195 in Q1 2024.
- Funds reported $2.83B of Sweetgreen stock for Q2 2024, up 27% quarter-over-quarter.
- 73 funds opened new Sweetgreen positions in Q2 2024 and 28 closed out, a net change of +45 holders.
- The largest Sweetgreen buyer in Q2 2024 was Driehaus Capital Management, an estimated $51.5M added.
- The largest Sweetgreen seller in Q2 2024 was Fidelity Investments, an estimated $102M sold.
Based on aggregated 13F filings for Q2 2024.