Sonos
SONO
110 hedge funds and large institutions have $478M invested in Sonos in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 25 closing their positions.
56% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 25
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
14.02% more ownership
Funds ownership: 34.18% → 48.2% (+14%)
13% more funds holding
Funds holding: 97 → 110 (+13)
13% less capital invested
Capital invested by funds: $549M → $478M (-$70.7M)
48% less call options, than puts
Call options by funds: $8.61M | Put options by funds: $16.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS AM
Chicago,
Illinois
|
+$7.36M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.94M |
| 3 |
JP Morgan Chase
New York
|
+$6.45M |
| 4 |
BTP
Bloom Tree Partners
New York
|
+$5.42M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VEPM
Vista Equity Partners Management
San Francisco,
California
|
-$17.7M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$9.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$5.03M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$4.57M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
-$3.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SO
126
STRS Ohio
Columbus,
Ohio
| – | -$73K | -4,600 | Closed |
|
|
SIC
127
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$13K | -800 | Closed |
|
|
SPIA
128
Steward Partners Investment Advisory
New York
| – | -$12K | -740 | Closed |
|
|
CC
129
Claybrook Capital
Wellesley,
Massachusetts
| – | -$8K | -500 | Closed |
|
|
CCA
130
Catalyst Capital Advisors
Huntington,
New York
| – | -$6K | -394 | Closed |
|
|
ECM
131
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$4K | -260 | Closed |
|
|
BG
132
Bollard Group
Boston,
Massachusetts
| – | -$3K | -200 | Closed |
|
|
SWP
133
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2K | -100 | Closed |
|
|
CG
134
Cutler Group
San Francisco,
California
| – | -$213 | -17 | Closed |
|
|
FCA
135
FinTrust Capital Advisors
Greenville,
South Carolina
| – | +$163 | +13 | New |
|
136
Nordea Investment Management
Stockholm,
Sweden
| – | +$389 | +31 | New |
|
SONO Hedge Fund Activity: Q4 2018 in Review
110 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q4 2018, worth a combined $478M — down 13% from $549M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SONO positions and 25 closed out — a net gain of 14 holders — while 30 added to existing stakes and 24 trimmed.
The largest buyer was UBS AM, opening a new position worth an estimated $7.36M. The largest seller was Vista Equity Partners Management, exiting entirely with an estimated $17.7M sold.
- 110 institutional investors held Sonos (SONO) as of Q4 2018, up from 97 in Q3 2018.
- Funds reported $478M of Sonos stock for Q4 2018, down 13% quarter-over-quarter.
- 39 funds opened new Sonos positions in Q4 2018 and 25 closed out, a net change of +14 holders.
- The largest Sonos buyer in Q4 2018 was UBS AM, an estimated $7.36M added.
- The largest Sonos seller in Q4 2018 was Vista Equity Partners Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2018.