Similarweb
SMWB
54 hedge funds and large institutions have $149M invested in Similarweb in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
6% more funds holding
Funds holding: 51 → 54 (+3)
7.53% less ownership
Funds ownership: 43.41% → 35.87% (-7.5%)
30% less capital invested
Capital invested by funds: $214M → $149M (-$65.1M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
75% less call options, than puts
Call options by funds: $1K | Put options by funds: $4K
Top Buyers
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$666K |
| 2 |
Millennium Management
New York
|
+$567K |
| 3 |
Morgan Stanley
New York
|
+$499K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$489K |
| 5 |
Renaissance Technologies
New York
|
+$472K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $2.37K | +$2.33K | +444 | New |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
53
Simplex Trading
Chicago,
Illinois
| $2K | +$466 | +89 | +25% |
|
54
Fidelity Investments
Boston,
Massachusetts
| $32 | -$16 | -3 | -33% |
|
|
1CM
55
1492 Capital Management
Milwaukee,
Wisconsin
| – | -$977K | -150,750 | Closed |
|
56
Tudor Investment Corp
Stamford,
Connecticut
| – | -$883K | -136,243 | Closed |
|
57
BAMCO Inc
New York
| – | -$350K | -53,951 | Closed |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| – | -$31.1K | -4,798 | Closed |
|
59
First Manhattan
New York
| – | -$71 | -11 | Closed |
|
SMWB Hedge Fund Activity: Q4 2023 in Review
54 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Similarweb (SMWB) for Q4 2023, worth a combined $149M — down 30% from $214M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SMWB positions and 5 closed out — a net gain of 5 holders — while 17 added to existing stakes and 12 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $666K. The largest seller was Portolan Capital Management, cutting an estimated $3.33M.
- 54 institutional investors held Similarweb (SMWB) as of Q4 2023, up from 51 in Q3 2023.
- Funds reported $149M of Similarweb stock for Q4 2023, down 30% quarter-over-quarter.
- 10 funds opened new Similarweb positions in Q4 2023 and 5 closed out, a net change of +5 holders.
- The largest Similarweb buyer in Q4 2023 was Nuveen, an estimated $666K added.
- The largest Similarweb seller in Q4 2023 was Portolan Capital Management, an estimated $3.33M sold.
Based on aggregated 13F filings for Q4 2023.