Sleep Number
SNBR
SNBR was delisted on the 22nd of June, 2026.
164 hedge funds and large institutions have $644M invested in Sleep Number in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 48 increasing their positions, 59 reducing their positions, and 31 closing their positions.
15% more capital invested
Capital invested by funds: $559M → $644M (+$84.8M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 171 → 164 (-7)
4.99% less ownership
Funds ownership: 101.03% → 96.04% (-5%)
16% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 31
19% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 59
50% less call options, than puts
Call options by funds: $2.33M | Put options by funds: $4.63M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Balyasny Asset Management
Chicago,
Illinois
|
+$12.6M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$4.6M |
| 3 |
Millennium Management
New York
|
+$4.28M |
| 4 |
SSA
Schonfeld Strategic Advisors
New York
|
+$3.46M |
| 5 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
+$2.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$18.4M |
| 2 |
GC
Giverny Capital
Montreal,
Quebec, Canada
|
-$11.7M |
| 3 |
LSV Asset Management
Chicago,
Illinois
|
-$7.39M |
| 4 |
D.E. Shaw & Co
New York
|
-$5.31M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$5.23M |
SNBR Hedge Fund Activity: Q1 2023 in Review
164 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Sleep Number (SNBR) for Q1 2023, worth a combined $644M — up 15% from $559M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SNBR and 26 opened new positions — a net loss of 5 holders — while 59 trimmed existing stakes and 48 added.
The largest buyer was Balyasny Asset Management, opening a new position worth an estimated $12.6M. The largest seller was Vulcan Value Partners, exiting entirely with an estimated $18.4M sold.
- 164 institutional investors held Sleep Number (SNBR) as of Q1 2023, down from 171 in Q4 2022.
- Funds reported $644M of Sleep Number stock for Q1 2023, up 15% quarter-over-quarter.
- 26 funds opened new Sleep Number positions in Q1 2023 and 31 closed out, a net change of -5 holders.
- The largest Sleep Number buyer in Q1 2023 was Balyasny Asset Management, an estimated $12.6M added.
- The largest Sleep Number seller in Q1 2023 was Vulcan Value Partners, an estimated $18.4M sold.
Based on aggregated 13F filings for Q1 2023.