Sonos
SONO
190 hedge funds and large institutions have $650M invested in Sonos in 2020 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 64 increasing their positions, 48 reducing their positions, and 41 closing their positions.
34% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 41
33% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 48
6% more funds holding
Funds holding: 180 → 190 (+10)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
1% less call options, than puts
Call options by funds: $6.13M | Put options by funds: $6.19M
5.27% less ownership
Funds ownership: 75% → 69.73% (-5.3%)
49% less capital invested
Capital invested by funds: $1.27B → $650M (-$624M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$24.4M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
+$18.1M |
| 3 |
Renaissance Technologies
New York
|
+$17.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$14.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$98.8M |
| 2 |
IVGAI
Index Venture Growth Associates I
St Helier, Channel Islands,
Jersey
|
-$53M |
| 3 |
Two Sigma Investments
New York
|
-$15.2M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$11.8M |
| 5 |
Millennium Management
New York
|
-$7.4M |
SONO Hedge Fund Activity: Q1 2020 in Review
190 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q1 2020, worth a combined $650M — down 49% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SONO positions and 41 closed out — a net gain of 14 holders — while 64 added to existing stakes and 48 trimmed.
The largest buyer was Trigran Investments, adding an estimated $24.4M. The largest seller was Kohlberg Kravis Roberts & Co, cutting an estimated $98.8M.
- 190 institutional investors held Sonos (SONO) as of Q1 2020, up from 180 in Q4 2019.
- Funds reported $650M of Sonos stock for Q1 2020, down 49% quarter-over-quarter.
- 55 funds opened new Sonos positions in Q1 2020 and 41 closed out, a net change of +14 holders.
- The largest Sonos buyer in Q1 2020 was Trigran Investments, an estimated $24.4M added.
- The largest Sonos seller in Q1 2020 was Kohlberg Kravis Roberts & Co, an estimated $98.8M sold.
Based on aggregated 13F filings for Q1 2020.