SoFi Technologies
SOFI
602 hedge funds and large institutions have $3.23B invested in SoFi Technologies in 2024 Q1 according to their latest regulatory filings, with 112 funds opening new positions, 253 increasing their positions, 133 reducing their positions, and 74 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 253 | Existing positions reduced: 133
51% more first-time investments, than exits
New positions opened: 112 | Existing positions closed: 74
5.99% more ownership
Funds ownership: 39.27% → 45.27% (+6%)
5% more funds holding
Funds holding: 571 → 602 (+31)
3% more call options, than puts
Call options by funds: $607M | Put options by funds: $588M
14% less capital invested
Capital invested by funds: $3.74B → $3.23B (-$516M)
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
ARK Investment Management
St. Petersburg,
Florida
|
+$113M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$68.8M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$58M |
| 4 |
NAMA
Nikko Asset Management Americas
New York
|
+$54.6M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
+$54.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$115M |
| 2 |
Two Sigma Investments
New York
|
-$87.7M |
| 3 |
Millennium Management
New York
|
-$39.8M |
| 4 |
Goldman Sachs
New York
|
-$37.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$15M |
SOFI Hedge Fund Activity: Q1 2024 in Review
602 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in SoFi Technologies (SOFI) for Q1 2024, worth a combined $3.23B — down 14% from $3.74B a quarter earlier.
Buyers outnumbered sellers: 112 funds opened new SOFI positions and 74 closed out — a net gain of 38 holders — while 253 added to existing stakes and 133 trimmed.
The largest buyer was ARK Investment Management, adding an estimated $113M. The largest seller was Two Sigma Advisers, exiting entirely with an estimated $115M sold.
- 602 institutional investors held SoFi Technologies (SOFI) as of Q1 2024, up from 571 in Q4 2023.
- Funds reported $3.23B of SoFi Technologies stock for Q1 2024, down 14% quarter-over-quarter.
- 112 funds opened new SoFi Technologies positions in Q1 2024 and 74 closed out, a net change of +38 holders.
- The largest SoFi Technologies buyer in Q1 2024 was ARK Investment Management, an estimated $113M added.
- The largest SoFi Technologies seller in Q1 2024 was Two Sigma Advisers, an estimated $115M sold.
Based on aggregated 13F filings for Q1 2024.