Sleep Number
SNBR
SNBR was delisted on the 22nd of June, 2026.
130 hedge funds and large institutions have $182M invested in Sleep Number in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 44 increasing their positions, 41 reducing their positions, and 19 closing their positions.
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
6% more funds holding
Funds holding: 123 → 130 (+7)
4.34% more ownership
Funds ownership: 81.01% → 85.36% (+4.3%)
7% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 41
5% more call options, than puts
Call options by funds: $1.59M | Put options by funds: $1.51M
37% less capital invested
Capital invested by funds: $289M → $182M (-$107M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brightlight Capital Management
Westport,
Connecticut
|
+$11.5M |
| 2 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
+$4.78M |
| 3 |
Millennium Management
New York
|
+$3.89M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.73M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
+$3.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Marshall Wace
London,
United Kingdom
|
-$4.71M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$3.27M |
| 3 |
PWM
Partnership Wealth Management
Towson,
Maryland
|
-$3.19M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$2.78M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$2.5M |
SNBR Hedge Fund Activity: Q2 2024 in Review
130 of the 6,937 institutional investors tracked by Wall St. Rank reported a position in Sleep Number (SNBR) for Q2 2024, worth a combined $182M — down 37% from $289M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SNBR positions and 19 closed out — a net gain of 7 holders — while 44 added to existing stakes and 41 trimmed.
The largest buyer was Brightlight Capital Management, adding an estimated $11.5M. The largest seller was Marshall Wace, cutting an estimated $4.71M.
- 130 institutional investors held Sleep Number (SNBR) as of Q2 2024, up from 123 in Q1 2024.
- Funds reported $182M of Sleep Number stock for Q2 2024, down 37% quarter-over-quarter.
- 26 funds opened new Sleep Number positions in Q2 2024 and 19 closed out, a net change of +7 holders.
- The largest Sleep Number buyer in Q2 2024 was Brightlight Capital Management, an estimated $11.5M added.
- The largest Sleep Number seller in Q2 2024 was Marshall Wace, an estimated $4.71M sold.
Based on aggregated 13F filings for Q2 2024.