Sonos
SONO
222 hedge funds and large institutions have $1.1B invested in Sonos in 2020 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 69 increasing their positions, 77 reducing their positions, and 41 closing their positions.
74% more call options, than puts
Call options by funds: $33.8M | Put options by funds: $19.4M
2% more capital invested
Capital invested by funds: $1.08B → $1.1B (+$20M)
0% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 41
1% less funds holding
Funds holding: 224 → 222 (-2)
2.36% less ownership
Funds ownership: 68.04% → 65.68% (-2.4%)
10% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 77
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
+$27.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$27M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$17.7M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$14.3M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Corriente Advisors
Fort Worth,
Texas
|
-$23M |
| 2 |
BNP Paribas Asset Management
Paris,
France
|
-$21.5M |
| 3 |
Millennium Management
New York
|
-$16M |
| 4 |
AI
Atom Investors
Austin,
Texas
|
-$15.2M |
| 5 |
Renaissance Technologies
New York
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
251
Cetera Advisor Networks
El Segundo,
California
| – | -$107K | -7,322 | Closed |
|
252
Acadian Asset Management
Boston,
Massachusetts
| – | -$106K | -7,239 | Closed |
|
|
QCG
253
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$88K | -6,000 | Closed |
|
|
PIMG
254
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$66.6K | -4,550 | Closed |
|
|
PAG
255
Private Advisor Group
Morristown,
New Jersey
| – | -$56K | -3,826 | Closed |
|
|
NG
256
NWK Group
San Francisco,
California
| – | -$38K | -2,600 | Closed |
|
|
CFG
257
Citizens Financial Group
Providence,
Rhode Island
| – | -$21K | -1,448 | Closed |
|
|
SF
258
Synovus Financial
Columbus,
Georgia
| – | -$21K | -1,428 | Closed |
|
|
JPLA
259
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| – | -$8K | -535 | Closed |
|
|
GWMIA
260
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$7K | -500 | Closed |
|
|
LFG
261
Larson Financial Group
St Louis,
Missouri
| – | -$3K | -220 | Closed |
|
SONO Hedge Fund Activity: Q3 2020 in Review
222 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q3 2020, worth a combined $1.1B — up 1.9% from $1.08B a quarter earlier.
Fund positioning in SONO was balanced in Q3 2020: 41 funds opened new positions, 41 closed out, 69 added to existing stakes and 77 trimmed.
The largest buyer was Woodson Capital Management, opening a new position worth an estimated $27.6M. The largest seller was Corriente Advisors, exiting entirely with an estimated $23M sold.
- 222 institutional investors held Sonos (SONO) as of Q3 2020, down from 224 in Q2 2020.
- Funds reported $1.1B of Sonos stock for Q3 2020, up 1.9% quarter-over-quarter.
- 41 funds opened new Sonos positions in Q3 2020 and 41 closed out, a net change of 0 holders.
- The largest Sonos buyer in Q3 2020 was Woodson Capital Management, an estimated $27.6M added.
- The largest Sonos seller in Q3 2020 was Corriente Advisors, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2020.