Sonder
SOND
SOND was delisted on the 21st of November, 2025.
39 hedge funds and large institutions have $17M invested in Sonder in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 3 closing their positions.
16,000% more call options, than puts
Call options by funds: $6.12M | Put options by funds: $38K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
44% more capital invested
Capital invested by funds: $11.8M → $17M (+$5.17M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
11.66% more ownership
Funds ownership: 73.73% → 85.38% (+12%)
3% more funds holding
Funds holding: 38 → 39 (+1)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$5.06M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$79.3K |
| 3 |
SS
SBI Securities
Tokyo,
Japan
|
+$10.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$541 |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$156 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$108K |
| 2 |
Northern Trust
Chicago,
Illinois
|
-$25.6K |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$20.3K |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
-$14K |
| 5 |
Morgan Stanley
New York
|
-$4.67K |
SOND Hedge Fund Activity: Q2 2025 in Review
39 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in Sonder (SOND) for Q2 2025, worth a combined $17M — up 44% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SOND positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Polar Asset Management Partners, adding an estimated $5.06M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $108K sold.
- 39 institutional investors held Sonder (SOND) as of Q2 2025, up from 38 in Q1 2025.
- Funds reported $17M of Sonder stock for Q2 2025, up 44% quarter-over-quarter.
- 4 funds opened new Sonder positions in Q2 2025 and 3 closed out, a net change of +1 holder.
- The largest Sonder buyer in Q2 2025 was Polar Asset Management Partners, an estimated $5.06M added.
- The largest Sonder seller in Q2 2025 was Susquehanna International Group, an estimated $108K sold.
Based on aggregated 13F filings for Q2 2025.