Sonos
SONO
304 hedge funds and large institutions have $1.53B invested in Sonos in 2022 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 99 increasing their positions, 95 reducing their positions, and 63 closing their positions.
128% more call options, than puts
Call options by funds: $60.7M | Put options by funds: $26.6M
4% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 95
4.67% less ownership
Funds ownership: 90.97% → 86.3% (-4.7%)
11% less funds holding
Funds holding: 342 → 304 (-38)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
27% less capital invested
Capital invested by funds: $2.1B → $1.53B (-$573M)
49% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$49.7M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$43.1M |
| 3 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$31.2M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$28.9M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Scopia Capital Management
New York
|
-$52.8M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$48.9M |
| 3 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$41M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$30.9M |
| 5 |
BlackRock
New York
|
-$29.7M |
SONO Hedge Fund Activity: Q3 2022 in Review
304 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q3 2022, worth a combined $1.53B — down 27% from $2.1B a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SONO and 32 opened new positions — a net loss of 31 holders — while 95 trimmed existing stakes and 99 added.
The largest buyer was Hawk Ridge Capital Management, adding an estimated $49.7M. The largest seller was Scopia Capital Management, cutting an estimated $52.8M.
- 304 institutional investors held Sonos (SONO) as of Q3 2022, down from 342 in Q2 2022.
- Funds reported $1.53B of Sonos stock for Q3 2022, down 27% quarter-over-quarter.
- 32 funds opened new Sonos positions in Q3 2022 and 63 closed out, a net change of -31 holders.
- The largest Sonos buyer in Q3 2022 was Hawk Ridge Capital Management, an estimated $49.7M added.
- The largest Sonos seller in Q3 2022 was Scopia Capital Management, an estimated $52.8M sold.
Based on aggregated 13F filings for Q3 2022.