Sonos
SONO
173 hedge funds and large institutions have $1.01B invested in Sonos in 2019 Q3 according to their latest regulatory filings, with 47 funds opening new positions, 62 increasing their positions, 25 reducing their positions, and 18 closing their positions.
161% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 18
148% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 25
28% more capital invested
Capital invested by funds: $786M → $1.01B (+$221M)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
18% more funds holding
Funds holding: 146 → 173 (+27)
4.48% more ownership
Funds ownership: 66.15% → 70.63% (+4.5%)
49% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $24.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$14.3M |
| 2 |
BlackRock
New York
|
+$13M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$9.17M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$8.59M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$8.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$39.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$8.87M |
| 3 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
-$8.61M |
| 4 |
SIM
Spark Investment Management
New York
|
-$6.32M |
| 5 |
BTP
Bloom Tree Partners
New York
|
-$4.91M |
SONO Hedge Fund Activity: Q3 2019 in Review
173 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q3 2019, worth a combined $1.01B — up 28% from $786M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SONO positions and 18 closed out — a net gain of 29 holders — while 62 added to existing stakes and 25 trimmed.
The largest buyer was D.E. Shaw & Co, adding an estimated $14.3M. The largest seller was Lake Street Advisors Group, cutting an estimated $39.2M.
- 173 institutional investors held Sonos (SONO) as of Q3 2019, up from 146 in Q2 2019.
- Funds reported $1.01B of Sonos stock for Q3 2019, up 28% quarter-over-quarter.
- 47 funds opened new Sonos positions in Q3 2019 and 18 closed out, a net change of +29 holders.
- The largest Sonos buyer in Q3 2019 was D.E. Shaw & Co, an estimated $14.3M added.
- The largest Sonos seller in Q3 2019 was Lake Street Advisors Group, an estimated $39.2M sold.
Based on aggregated 13F filings for Q3 2019.