Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
SNRE was delisted on the 15th of August, 2025.
185 hedge funds and large institutions have $481M invested in Sunrise Communications AG American Depositary Shares representing Class A shares in 2025 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 22 increasing their positions, 72 reducing their positions, and 73 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
17.17% less ownership
Funds ownership: 31.47% → 14.29% (-17%)
20% less funds holding
Funds holding: 230 → 185 (-45)
48% less capital invested
Capital invested by funds: $932M → $481M (-$451M)
58% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 73
69% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$8.8M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$2.92M |
| 3 |
BlackRock
New York
|
+$2.65M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.48M |
| 5 |
AA
ABC Arbitrage
Paris,
France
|
+$2.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$101M |
| 2 |
OCM
Oaktree Capital Management
Los Angeles,
California
|
-$62.1M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$49.5M |
| 4 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
-$38.8M |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
-$30M |
SNRE Hedge Fund Activity: Q1 2025 in Review
185 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Sunrise Communications AG American Depositary Shares representing Class A shares (SNRE) for Q1 2025, worth a combined $481M — down 48% from $932M a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of SNRE and 31 opened new positions — a net loss of 42 holders — while 72 trimmed existing stakes and 22 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $8.8M. The largest seller was Baupost Group, exiting entirely with an estimated $101M sold.
- 185 institutional investors held Sunrise Communications AG American Depositary Shares representing Class A shares (SNRE) as of Q1 2025, down from 230 in Q4 2024.
- Funds reported $481M of Sunrise Communications AG American Depositary Shares representing Class A shares stock for Q1 2025, down 48% quarter-over-quarter.
- 31 funds opened new Sunrise Communications AG American Depositary Shares representing Class A shares positions in Q1 2025 and 73 closed out, a net change of -42 holders.
- The largest Sunrise Communications AG American Depositary Shares representing Class A shares buyer in Q1 2025 was SG Americas Securities, an estimated $8.8M added.
- The largest Sunrise Communications AG American Depositary Shares representing Class A shares seller in Q1 2025 was Baupost Group, an estimated $101M sold.
Based on aggregated 13F filings for Q1 2025.