Sonos
SONO
138 hedge funds and large institutions have $649M invested in Sonos in 2019 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 46 increasing their positions, 25 reducing their positions, and 15 closing their positions.
187% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 15
84% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 25
36% more capital invested
Capital invested by funds: $478M → $649M (+$171M)
25% more funds holding
Funds holding: 110 → 138 (+28)
14.37% more ownership
Funds ownership: 48.2% → 62.57% (+14%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
54% less call options, than puts
Call options by funds: $7.16M | Put options by funds: $15.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
+$77.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$15.6M |
| 3 |
Two Sigma Investments
New York
|
+$13.9M |
| 4 |
SIM
Spark Investment Management
New York
|
+$12.9M |
| 5 |
JP Morgan Chase
New York
|
+$12.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVGAI
Index Venture Growth Associates I
St Helier, Channel Islands,
Jersey
|
-$43.4M |
| 2 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$10.8M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$8.93M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$4.71M |
| 5 |
APC
Alta Park Capital
San Francisco,
California
|
-$2.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
151
Riggs Asset Management
Dallas,
Pennsylvania
| – | -$3K | -350 | Closed |
|
152
Fidelity Investments
Boston,
Massachusetts
| – | -$2K | -176 | Closed |
|
153
Nordea Investment Management
Stockholm,
Sweden
| – | +$130 | +12 | +39% |
|
SONO Hedge Fund Activity: Q1 2019 in Review
138 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q1 2019, worth a combined $649M — up 36% from $478M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SONO positions and 15 closed out — a net gain of 28 holders — while 46 added to existing stakes and 25 trimmed.
The largest buyer was Lake Street Advisors Group, opening a new position worth an estimated $77.1M. The largest seller was Index Venture Growth Associates I, cutting an estimated $43.4M.
- 138 institutional investors held Sonos (SONO) as of Q1 2019, up from 110 in Q4 2018.
- Funds reported $649M of Sonos stock for Q1 2019, up 36% quarter-over-quarter.
- 43 funds opened new Sonos positions in Q1 2019 and 15 closed out, a net change of +28 holders.
- The largest Sonos buyer in Q1 2019 was Lake Street Advisors Group, an estimated $77.1M added.
- The largest Sonos seller in Q1 2019 was Index Venture Growth Associates I, an estimated $43.4M sold.
Based on aggregated 13F filings for Q1 2019.