Semtech
SMTC
235 hedge funds and large institutions have $2.21B invested in Semtech in 2024 Q1 according to their latest regulatory filings, with 44 funds opening new positions, 82 increasing their positions, 76 reducing their positions, and 32 closing their positions.
38% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 32
27% more call options, than puts
Call options by funds: $159M | Put options by funds: $126M
18% more capital invested
Capital invested by funds: $1.87B → $2.21B (+$345M)
4% more funds holding
Funds holding: 226 → 235 (+9)
8% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 76
7.4% less ownership
Funds ownership: 132.52% → 125.12% (-7.4%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$22.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$9.21M |
| 3 |
SG Americas Securities
New York
|
+$8.96M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.23M |
| 5 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$8.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lion Point Capital
New York
|
-$55.1M |
| 2 |
Morgan Stanley
New York
|
-$55M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$14.6M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
-$9.87M |
| 5 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$8.79M |
SMTC Hedge Fund Activity: Q1 2024 in Review
235 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Semtech (SMTC) for Q1 2024, worth a combined $2.21B — up 18% from $1.87B a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SMTC positions and 32 closed out — a net gain of 12 holders — while 82 added to existing stakes and 76 trimmed.
The largest buyer was Ameriprise, adding an estimated $22.2M. The largest seller was Lion Point Capital, cutting an estimated $55.1M.
- 235 institutional investors held Semtech (SMTC) as of Q1 2024, up from 226 in Q4 2023.
- Funds reported $2.21B of Semtech stock for Q1 2024, up 18% quarter-over-quarter.
- 44 funds opened new Semtech positions in Q1 2024 and 32 closed out, a net change of +12 holders.
- The largest Semtech buyer in Q1 2024 was Ameriprise, an estimated $22.2M added.
- The largest Semtech seller in Q1 2024 was Lion Point Capital, an estimated $55.1M sold.
Based on aggregated 13F filings for Q1 2024.