Sonos
SONO
257 hedge funds and large institutions have $1.89B invested in Sonos in 2023 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 69 increasing their positions, 90 reducing their positions, and 34 closing their positions.
94% more call options, than puts
Call options by funds: $33.7M | Put options by funds: $17.3M
56% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 34
37% more capital invested
Capital invested by funds: $1.38B → $1.89B (+$511M)
6% more funds holding
Funds holding: 243 → 257 (+14)
4.83% more ownership
Funds ownership: 83.36% → 88.19% (+4.8%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
23% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 90
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$58.3M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$20.9M |
| 3 |
Millennium Management
New York
|
+$17M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$14.6M |
| 5 |
BlackRock
New York
|
+$8.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$40.9M |
| 2 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$27.8M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$20.4M |
| 4 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
-$8.93M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.76M |
SONO Hedge Fund Activity: Q4 2023 in Review
257 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q4 2023, worth a combined $1.89B — up 37% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SONO positions and 34 closed out — a net gain of 19 holders — while 69 added to existing stakes and 90 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $58.3M. The largest seller was Franklin Resources, cutting an estimated $40.9M.
- 257 institutional investors held Sonos (SONO) as of Q4 2023, up from 243 in Q3 2023.
- Funds reported $1.89B of Sonos stock for Q4 2023, up 37% quarter-over-quarter.
- 53 funds opened new Sonos positions in Q4 2023 and 34 closed out, a net change of +19 holders.
- The largest Sonos buyer in Q4 2023 was Morgan Stanley, an estimated $58.3M added.
- The largest Sonos seller in Q4 2023 was Franklin Resources, an estimated $40.9M sold.
Based on aggregated 13F filings for Q4 2023.