Sonos
SONO
342 hedge funds and large institutions have $2.1B invested in Sonos in 2022 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 107 increasing their positions, 105 reducing their positions, and 59 closing their positions.
95% more call options, than puts
Call options by funds: $58.2M | Put options by funds: $29.8M
2% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 105
2% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 59
2% less funds holding
Funds holding: 349 → 342 (-7)
3.76% less ownership
Funds ownership: 94.72% → 90.97% (-3.8%)
38% less capital invested
Capital invested by funds: $3.4B → $2.1B (-$1.3B)
55% less funds holding in top 10
Funds holding in top 10: 11 → 5 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$32.6M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$27M |
| 3 |
PPC
Park Presidio Capital
San Francisco,
California
|
+$26.5M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$18.6M |
| 5 |
PCM
Peregrine Capital Management
Minneapolis,
Minnesota
|
+$9.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HMP
HS Management Partners
New York
|
-$67.9M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$52.7M |
| 3 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
-$29.8M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$26.7M |
| 5 |
BlackRock
New York
|
-$25.2M |
SONO Hedge Fund Activity: Q2 2022 in Review
342 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q2 2022, worth a combined $2.1B — down 38% from $3.4B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new SONO positions and 59 closed out — a net gain of 1 holder — while 107 added to existing stakes and 105 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $32.6M. The largest seller was HS Management Partners, exiting entirely with an estimated $67.9M sold.
- 342 institutional investors held Sonos (SONO) as of Q2 2022, down from 349 in Q1 2022.
- Funds reported $2.1B of Sonos stock for Q2 2022, down 38% quarter-over-quarter.
- 60 funds opened new Sonos positions in Q2 2022 and 59 closed out, a net change of +1 holder.
- The largest Sonos buyer in Q2 2022 was Coliseum Capital Management, an estimated $32.6M added.
- The largest Sonos seller in Q2 2022 was HS Management Partners, an estimated $67.9M sold.
Based on aggregated 13F filings for Q2 2022.