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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.

New
Increased
Maintained
Reduced
Closed

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: 180190 (+10)

0% more funds holding in top 10

Funds holding in top 10: 33 (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)

Holders
190
Holders Change
+10
Holders Change %
+5.56%
% of All Funds
4.19%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
55
Increased
64
Reduced
48
Closed
41
Calls
$6.13M
Puts
$6.19M
Net Calls
-$63K
Net Calls Change
+$5.58M
Name Holding Trade Value Shares
Change
Change in
Stake
DDPIC
51
Deroy & Devereaux Private Investment Counsel
Michigan
$1.69M +$2.46M +199,500 New
MOACM
52
Mutual of America Capital Management
New York
$1.68M -$108K -8,711 -4%
RJA
53
Raymond James & Associates
Florida
$1.67M -$1.82M -147,456 -43%
EGM
54
Engineers Gate Manager
New York
$1.66M -$810K -65,589 -25%
FA
55
Friess Associates
Delaware
$1.64M +$2.38M +193,118 New
QI
56
QS Investors
New York
$1.51M +$2.47K +200 +0.1%
California Public Employees Retirement System
57
California Public Employees Retirement System
California
$1.35M -$381K -30,853 -16%
Ameriprise
58
Ameriprise
Minnesota
$1.29M +$379K +30,710 +25%
NC
59
NBW Capital
Massachusetts
$1.24M -$34K -2,751 -2%
UBS Group
60
UBS Group
Switzerland
$1.23M +$589K +47,718 +49%
PCR
61
Potrero Capital Research
California
$1.23M -$1.96M -158,769 -52%
ASP
62
Adams Street Partners
Illinois
$1.22M +$1.77M +143,551 New
WB
63
WesBanco Bank
West Virginia
$1.19M +$392K +31,755 +29%
Invesco
64
Invesco
Georgia
$1.17M +$801K +64,885 +88%
UR
65
USCA RIA
Texas
$1.11M +$62.7K +5,075 +4%
WG
66
Winton Group
United Kingdom
$1.07M +$393K +31,811 +34%
CLOS
67
Compagnie Lombard Odier SCmA
Switzerland
$1.06M +$1.54M +125,000 New
California State Teachers Retirement System (CalSTRS)
68
California State Teachers Retirement System (CalSTRS)
California
$1.03M +$170K +13,791 +13%
NEI
69
Northwest & Ethical Investments
Ontario, Canada
$1.02M +$1.48M +120,000 New
BRWM
70
B. Riley Wealth Management
Tennessee
$950K
KA
71
Kerrisdale Advisers
Florida
$938K +$1.37M +110,600 New
SG Americas Securities
72
SG Americas Securities
New York
$925K +$183K +14,787 +16%
BNP Paribas Financial Markets
73
BNP Paribas Financial Markets
France
$920K -$1.61M -130,661 -55%
VCM
74
Voce Capital Management
California
$878K +$1.28M +103,531 New
Royal Bank of Canada
75
Royal Bank of Canada
Ontario, Canada
$865K -$360K -29,143 -22%

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.