Sonos
SONO
180 hedge funds and large institutions have $1.27B invested in Sonos in 2019 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 72 increasing their positions, 40 reducing their positions, and 30 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 40
33% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 30
26% more capital invested
Capital invested by funds: $1.01B → $1.27B (+$267M)
4.37% more ownership
Funds ownership: 70.63% → 75% (+4.4%)
4% more funds holding
Funds holding: 173 → 180 (+7)
24% less call options, than puts
Call options by funds: $17.5M | Put options by funds: $23.1M
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19M |
| 2 |
Renaissance Technologies
New York
|
+$17.5M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$16.7M |
| 4 |
D.E. Shaw & Co
New York
|
+$12.3M |
| 5 |
Goldman Sachs
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$35.7M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$11.7M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$9.38M |
| 4 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$6.41M |
| 5 |
TGM
Tenzing Global Management
San Francisco,
California
|
-$3.35M |
SONO Hedge Fund Activity: Q4 2019 in Review
180 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q4 2019, worth a combined $1.27B — up 26% from $1.01B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SONO positions and 30 closed out — a net gain of 10 holders — while 72 added to existing stakes and 40 trimmed.
The largest buyer was Vanguard Group, adding an estimated $19M. The largest seller was Lake Street Advisors Group, cutting an estimated $35.7M.
- 180 institutional investors held Sonos (SONO) as of Q4 2019, up from 173 in Q3 2019.
- Funds reported $1.27B of Sonos stock for Q4 2019, up 26% quarter-over-quarter.
- 40 funds opened new Sonos positions in Q4 2019 and 30 closed out, a net change of +10 holders.
- The largest Sonos buyer in Q4 2019 was Vanguard Group, an estimated $19M added.
- The largest Sonos seller in Q4 2019 was Lake Street Advisors Group, an estimated $35.7M sold.
Based on aggregated 13F filings for Q4 2019.