Sonos
SONO
146 hedge funds and large institutions have $786M invested in Sonos in 2019 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 45 increasing their positions, 39 reducing their positions, and 22 closing their positions.
45% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 22
21% more capital invested
Capital invested by funds: $649M → $786M (+$137M)
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
6% more funds holding
Funds holding: 138 → 146 (+8)
3.58% more ownership
Funds ownership: 62.57% → 66.15% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
50% less call options, than puts
Call options by funds: $6.8M | Put options by funds: $13.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$27.4M |
| 2 |
N
Nuveen
Charlotte,
North Carolina
|
+$15.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.37M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.47M |
| 5 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$7.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIM
Spark Investment Management
New York
|
-$6.6M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$5.79M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$5.43M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
-$4.6M |
| 5 |
LSAG
Lake Street Advisors Group
Portsmouth,
New Hampshire
|
-$4.07M |
SONO Hedge Fund Activity: Q2 2019 in Review
146 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q2 2019, worth a combined $786M — up 21% from $649M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SONO positions and 22 closed out — a net gain of 10 holders — while 45 added to existing stakes and 39 trimmed.
The largest buyer was BlackRock, adding an estimated $27.4M. The largest seller was Spark Investment Management, cutting an estimated $6.6M.
- 146 institutional investors held Sonos (SONO) as of Q2 2019, up from 138 in Q1 2019.
- Funds reported $786M of Sonos stock for Q2 2019, up 21% quarter-over-quarter.
- 32 funds opened new Sonos positions in Q2 2019 and 22 closed out, a net change of +10 holders.
- The largest Sonos buyer in Q2 2019 was BlackRock, an estimated $27.4M added.
- The largest Sonos seller in Q2 2019 was Spark Investment Management, an estimated $6.6M sold.
Based on aggregated 13F filings for Q2 2019.