Sonos
SONO
224 hedge funds and large institutions have $1.08B invested in Sonos in 2020 Q2 according to their latest regulatory filings, with 75 funds opening new positions, 73 increasing their positions, 47 reducing their positions, and 40 closing their positions.
167% more funds holding in top 10
Funds holding in top 10: 3 → 8 (+5)
116% more call options, than puts
Call options by funds: $43.1M | Put options by funds: $20M
88% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 40
66% more capital invested
Capital invested by funds: $650M → $1.08B (+$431M)
55% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 47
18% more funds holding
Funds holding: 190 → 224 (+34)
1.69% less ownership
Funds ownership: 69.73% → 68.04% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Point72 Asset Management
Stamford,
Connecticut
|
+$35.6M |
| 2 |
CA
Corriente Advisors
Fort Worth,
Texas
|
+$16.7M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$14.4M |
| 4 |
AI
Atom Investors
Austin,
Texas
|
+$14.3M |
| 5 |
Millennium Management
New York
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KKRC
Kohlberg Kravis Roberts & Co
New York
|
-$117M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$10.2M |
| 3 |
JP Morgan Chase
New York
|
-$9.49M |
| 4 |
Two Sigma Advisers
New York
|
-$8.15M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$6.87M |
SONO Hedge Fund Activity: Q2 2020 in Review
224 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q2 2020, worth a combined $1.08B — up 66% from $650M a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new SONO positions and 40 closed out — a net gain of 35 holders — while 73 added to existing stakes and 47 trimmed.
The largest buyer was Point72 Asset Management, opening a new position worth an estimated $35.6M. The largest seller was Kohlberg Kravis Roberts & Co, exiting entirely with an estimated $117M sold.
- 224 institutional investors held Sonos (SONO) as of Q2 2020, up from 190 in Q1 2020.
- Funds reported $1.08B of Sonos stock for Q2 2020, up 66% quarter-over-quarter.
- 75 funds opened new Sonos positions in Q2 2020 and 40 closed out, a net change of +35 holders.
- The largest Sonos buyer in Q2 2020 was Point72 Asset Management, an estimated $35.6M added.
- The largest Sonos seller in Q2 2020 was Kohlberg Kravis Roberts & Co, an estimated $117M sold.
Based on aggregated 13F filings for Q2 2020.