SoundHound AI
SOUN
273 hedge funds and large institutions have $356M invested in SoundHound AI in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 103 increasing their positions, 47 reducing their positions, and 43 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 47
79% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 43
12% more funds holding
Funds holding: 243 → 273 (+30)
6.18% more ownership
Funds ownership: 24.19% → 30.38% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less call options, than puts
Call options by funds: $32.7M | Put options by funds: $35.9M
13% less capital invested
Capital invested by funds: $408M → $356M (-$52.6M)
Top Buyers
| 1 |
BlackRock
New York
|
+$42.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$12.2M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.83M |
Top Sellers
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$25M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$12.2M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.69M |
| 4 |
BG
Baupost Group
Boston,
Massachusetts
|
-$5.55M |
| 5 |
CF
Cantor Fitzgerald
New York
|
-$3.31M |
SOUN Hedge Fund Activity: Q2 2024 in Review
273 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q2 2024, worth a combined $356M — down 13% from $408M a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SOUN positions and 43 closed out — a net gain of 34 holders — while 103 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $42.2M. The largest seller was Global Assets Advisory, exiting entirely with an estimated $25M sold.
- 273 institutional investors held SoundHound AI (SOUN) as of Q2 2024, up from 243 in Q1 2024.
- Funds reported $356M of SoundHound AI stock for Q2 2024, down 13% quarter-over-quarter.
- 77 funds opened new SoundHound AI positions in Q2 2024 and 43 closed out, a net change of +34 holders.
- The largest SoundHound AI buyer in Q2 2024 was BlackRock, an estimated $42.2M added.
- The largest SoundHound AI seller in Q2 2024 was Global Assets Advisory, an estimated $25M sold.
Based on aggregated 13F filings for Q2 2024.