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, 10 increasing their positions, 6 reducing their positions, and 1 closing their positions.
8,299% more capital inflows, than outflows
Capital inflows: $53.9M | Capital outflows: $641K
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more funds holding
Funds holding: 20 → 29 (+9)
12.26% more ownership
Funds ownership: 63.93% → 76.19% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Conversant Capital
Summit,
New Jersey
|
+$47.2M |
| 2 |
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 |
Arbiter Partners Capital Management
New York
|
-$320K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$152K |
| 3 |
State of Wyoming
Cheyenne,
Wyoming
|
-$110K |
| 4 |
State Street
Boston,
Massachusetts
|
-$25.4K |
| 5 |
Tower Research Capital (TRC)
New York
|
-$19.2K |
SNDA Hedge Fund Activity: Q1 2024 in Review
29 of the 6,966 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 $53.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SNDA positions and 1 closed out — a net gain of 9 holders — while 10 added to existing stakes and 6 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.