Sonos
SONO
285 hedge funds and large institutions have $1.33B invested in Sonos in 2024 Q3 according to their latest regulatory filings, with 49 funds opening new positions, 85 increasing their positions, 98 reducing their positions, and 46 closing their positions.
189% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $4.32M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
1.12% more ownership
Funds ownership: 88.16% → 89.27% (+1.1%)
7% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 46
0% more funds holding
Funds holding: 284 → 285 (+1)
13% less repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 98
17% less capital invested
Capital invested by funds: $1.6B → $1.33B (-$273M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Coliseum Capital Management
Rowayton,
Connecticut
|
+$31.3M |
| 2 |
Millennium Management
New York
|
+$18.7M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
+$18.6M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$14.5M |
| 5 |
DDPIC
Deroy & Devereaux Private Investment Counsel
Bloomfield Hills,
Michigan
|
+$8.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$51.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$30.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$22.5M |
| 4 |
Man Group
London,
United Kingdom
|
-$12.1M |
| 5 |
Bank of New York Mellon
New York
|
-$7.74M |
SONO Hedge Fund Activity: Q3 2024 in Review
285 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Sonos (SONO) for Q3 2024, worth a combined $1.33B — down 17% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 49 funds opened new SONO positions and 46 closed out — a net gain of 3 holders — while 85 added to existing stakes and 98 trimmed.
The largest buyer was Coliseum Capital Management, adding an estimated $31.3M. The largest seller was Pacer Advisors, exiting entirely with an estimated $51.9M sold.
- 285 institutional investors held Sonos (SONO) as of Q3 2024, up from 284 in Q2 2024.
- Funds reported $1.33B of Sonos stock for Q3 2024, down 17% quarter-over-quarter.
- 49 funds opened new Sonos positions in Q3 2024 and 46 closed out, a net change of +3 holders.
- The largest Sonos buyer in Q3 2024 was Coliseum Capital Management, an estimated $31.3M added.
- The largest Sonos seller in Q3 2024 was Pacer Advisors, an estimated $51.9M sold.
Based on aggregated 13F filings for Q3 2024.