Sleep Number
SNBR
SNBR was delisted on the 22nd of June, 2026.
134 hedge funds and large institutions have $139M invested in Sleep Number in 2025 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 33 increasing their positions, 46 reducing their positions, and 17 closing their positions.
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
29% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $1.56M
14% more capital invested
Capital invested by funds: $122M → $139M (+$16.7M)
14% more funds holding
Funds holding: 118 → 134 (+16)
7.12% more ownership
Funds ownership: 79.86% → 86.98% (+7.1%)
28% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 46
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.81M |
| 2 |
Millennium Management
New York
|
+$5.74M |
| 3 |
Goldman Sachs
New York
|
+$5.1M |
| 4 |
ICM
Invenomic Capital Management
Boston,
Massachusetts
|
+$4.25M |
| 5 |
CSS
Cubist Systematic Strategies
Stamford,
Connecticut
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Towle & Co
Denver,
Colorado
|
-$6.59M |
| 2 |
SCM
SG Capital Management
Chicago,
Illinois
|
-$2.15M |
| 3 |
LCM
Lakewood Capital Management
New York
|
-$2.02M |
| 4 |
Morgan Stanley
New York
|
-$1.48M |
| 5 |
BlackRock
New York
|
-$759K |
SNBR Hedge Fund Activity: Q3 2025 in Review
134 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in Sleep Number (SNBR) for Q3 2025, worth a combined $139M — up 14% from $122M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SNBR positions and 17 closed out — a net gain of 17 holders — while 33 added to existing stakes and 46 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $5.81M. The largest seller was Towle & Co, exiting entirely with an estimated $6.59M sold.
- 134 institutional investors held Sleep Number (SNBR) as of Q3 2025, up from 118 in Q2 2025.
- Funds reported $139M of Sleep Number stock for Q3 2025, up 14% quarter-over-quarter.
- 34 funds opened new Sleep Number positions in Q3 2025 and 17 closed out, a net change of +17 holders.
- The largest Sleep Number buyer in Q3 2025 was Fidelity Investments, an estimated $5.81M added.
- The largest Sleep Number seller in Q3 2025 was Towle & Co, an estimated $6.59M sold.
Based on aggregated 13F filings for Q3 2025.