Sonida Senior Living
SNDA
82 hedge funds and large institutions have $252M invested in Sonida Senior Living in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 25 increasing their positions, 25 reducing their positions, and 23 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 25
0.19% less ownership
Funds ownership: 5.9% → 5.71% (-0.19%)
10% less funds holding
Funds holding: 91 → 82 (-9)
14% less capital invested
Capital invested by funds: $292M → $252M (-$40.4M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
39% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 23
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $118K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$11.6M |
| 2 |
CSC
Cove Street Capital
El Segundo,
California
|
+$4.1M |
| 3 |
SPCP
Snow Park Capital Partners
New York
|
+$3.96M |
| 4 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$3.82M |
| 5 |
AGA
Altrinsic Global Advisors
Stamford,
Connecticut
|
+$1.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$6.9M |
| 2 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$6.65M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$6.45M |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.31M |
| 5 |
NC
Northpointe Capital
Bloomfield Hills,
Michigan
|
-$6.1M |
SNDA Hedge Fund Activity: Q3 2018 in Review
82 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Sonida Senior Living (SNDA) for Q3 2018, worth a combined $252M — down 14% from $292M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SNDA and 14 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 25 added.
The largest buyer was Coliseum Capital Management, opening a new position worth an estimated $11.6M. The largest seller was Massachusetts Financial Services, exiting entirely with an estimated $6.9M sold.
- 82 institutional investors held Sonida Senior Living (SNDA) as of Q3 2018, down from 91 in Q2 2018.
- Funds reported $252M of Sonida Senior Living stock for Q3 2018, down 14% quarter-over-quarter.
- 14 funds opened new Sonida Senior Living positions in Q3 2018 and 23 closed out, a net change of -9 holders.
- The largest Sonida Senior Living buyer in Q3 2018 was Coliseum Capital Management, an estimated $11.6M added.
- The largest Sonida Senior Living seller in Q3 2018 was Massachusetts Financial Services, an estimated $6.9M sold.
Based on aggregated 13F filings for Q3 2018.