Sonida Senior Living
SNDA
29 hedge funds and large institutions have $250M invested in Sonida Senior Living in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
369% more capital invested
Capital invested by funds: $53.4M → $250M (+$197M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more funds holding
Funds holding: 20 → 29 (+9)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
12.23% more ownership
Funds ownership: 63.97% → 76.19% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Conversant Capital
Summit,
New Jersey
|
+$47.2M |
| 2 |
SCM
Solas Capital Management
Darien,
Connecticut
|
+$2.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$987K |
| 4 |
BlackRock
New York
|
+$790K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APCM
Arbiter Partners Capital Management
New York
|
-$320K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$152K |
| 3 |
SOW
State of Wyoming
Cheyenne,
Wyoming
|
-$110K |
| 4 |
State Street
Boston,
Massachusetts
|
-$25.4K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$19.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| $254 | +$135 | +9 | New |
|
27
Group One Trading
Chicago,
Illinois
| $171 | – | – | – |
|
28
Macquarie Group
Sydney, NSW 2000,
Australia
| $3 | +$1.78K | +119 | New |
|
|
29
HighTower Advisors
Chicago,
Illinois
| – | -$152K | -15,710 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$2.78K | -186 | -92% |
|
SNDA Hedge Fund Activity: Q1 2024 in Review
29 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sonida Senior Living (SNDA) for Q1 2024, worth a combined $250M — up 369% from $53.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SNDA positions and 1 closed out — a net gain of 9 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Conversant Capital, adding an estimated $47.2M. The largest seller was Arbiter Partners Capital Management, cutting an estimated $320K.
- 29 institutional investors held Sonida Senior Living (SNDA) as of Q1 2024, up from 20 in Q4 2023.
- Funds reported $250M of Sonida Senior Living stock for Q1 2024, up 369% quarter-over-quarter.
- 10 funds opened new Sonida Senior Living positions in Q1 2024 and 1 closed out, a net change of +9 holders.
- The largest Sonida Senior Living buyer in Q1 2024 was Conversant Capital, an estimated $47.2M added.
- The largest Sonida Senior Living seller in Q1 2024 was Arbiter Partners Capital Management, an estimated $320K sold.
Based on aggregated 13F filings for Q1 2024.