Sleep Number
SNBR
SNBR was delisted on the 22nd of June, 2026.
149 hedge funds and large institutions have $494M invested in Sleep Number in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 48 increasing their positions, 53 reducing their positions, and 32 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1% less call options, than puts
Call options by funds: $7.21M | Put options by funds: $7.32M
9% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 53
3.92% less ownership
Funds ownership: 94.37% → 90.45% (-3.9%)
8% less funds holding
Funds holding: 162 → 149 (-13)
14% less capital invested
Capital invested by funds: $572M → $494M (-$78.2M)
41% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stadium Capital Management
New Canaan,
Connecticut
|
+$36.5M |
| 2 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$5.75M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$3.03M |
| 4 |
Millennium Management
New York
|
+$2.95M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$10.8M |
| 2 |
VLKIM
Van Lanschot Kempen Investment Management
Amsterdam,
Netherlands
|
-$10.5M |
| 3 |
SSA
Schonfeld Strategic Advisors
New York
|
-$8.22M |
| 4 |
Balyasny Asset Management
Chicago,
Illinois
|
-$6.39M |
| 5 |
BlackRock
New York
|
-$6.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QL
176
Quarry LP
New York
| – | -$70.5K | -2,584 | Closed |
|
|
HT
177
Headlands Technologies
Chicago,
Illinois
| – | -$69.3K | -2,540 | Closed |
|
178
LSV Asset Management
Chicago,
Illinois
| – | -$52K | -1,900 | Closed |
|
|
SOW
179
State of Wyoming
Cheyenne,
Wyoming
| – | -$51.4K | -1,885 | Closed |
|
180
Lazard Asset Management
New York
| – | -$44K | -1,637 | Closed |
|
|
FGAM
181
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$65 | -27 | Closed |
|
SNBR Hedge Fund Activity: Q3 2023 in Review
149 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Sleep Number (SNBR) for Q3 2023, worth a combined $494M — down 14% from $572M a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of SNBR and 19 opened new positions — a net loss of 13 holders — while 53 trimmed existing stakes and 48 added.
The largest buyer was Stadium Capital Management, adding an estimated $36.5M. The largest seller was Arrowstreet Capital, cutting an estimated $10.8M.
- 149 institutional investors held Sleep Number (SNBR) as of Q3 2023, down from 162 in Q2 2023.
- Funds reported $494M of Sleep Number stock for Q3 2023, down 14% quarter-over-quarter.
- 19 funds opened new Sleep Number positions in Q3 2023 and 32 closed out, a net change of -13 holders.
- The largest Sleep Number buyer in Q3 2023 was Stadium Capital Management, an estimated $36.5M added.
- The largest Sleep Number seller in Q3 2023 was Arrowstreet Capital, an estimated $10.8M sold.
Based on aggregated 13F filings for Q3 2023.