Sonos
SONO
362 hedge funds and large institutions have $3.24B invested in Sonos in 2021 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 133 increasing their positions, 106 reducing their positions, and 54 closing their positions.
86% more call options, than puts
Call options by funds: $177M | Put options by funds: $94.8M
25% more repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 106
15% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 54
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
2% more funds holding
Funds holding: 356 → 362 (+6)
1.18% more ownership
Funds ownership: 78.6% → 79.78% (+1.2%)
6% less capital invested
Capital invested by funds: $3.43B → $3.24B (-$196M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCA
Newbrook Capital Advisors
New York
|
+$64.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$63.5M |
| 3 |
SCM
Scopia Capital Management
New York
|
+$44.3M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$33M |
| 5 |
SRFM
Shannon River Fund Management
New York
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$84.5M |
| 2 |
Two Sigma Investments
New York
|
-$73.9M |
| 3 |
Two Sigma Advisers
New York
|
-$62.5M |
| 4 |
BlackRock
New York
|
-$56.2M |
| 5 |
AM
Atreides Management
Boston,
Massachusetts
|
-$27.7M |
SONO Hedge Fund Activity: Q3 2021 in Review
362 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q3 2021, worth a combined $3.24B — down 5.7% from $3.43B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new SONO positions and 54 closed out — a net gain of 8 holders — while 133 added to existing stakes and 106 trimmed.
The largest buyer was Newbrook Capital Advisors, opening a new position worth an estimated $64.6M. The largest seller was Renaissance Technologies, cutting an estimated $84.5M.
- 362 institutional investors held Sonos (SONO) as of Q3 2021, up from 356 in Q2 2021.
- Funds reported $3.24B of Sonos stock for Q3 2021, down 5.7% quarter-over-quarter.
- 62 funds opened new Sonos positions in Q3 2021 and 54 closed out, a net change of +8 holders.
- The largest Sonos buyer in Q3 2021 was Newbrook Capital Advisors, an estimated $64.6M added.
- The largest Sonos seller in Q3 2021 was Renaissance Technologies, an estimated $84.5M sold.
Based on aggregated 13F filings for Q3 2021.