SoundHound AI
SOUN
295 hedge funds and large institutions have $457M invested in SoundHound AI in 2024 Q3 according to their latest regulatory filings, with 70 funds opening new positions, 114 increasing their positions, 56 reducing their positions, and 45 closing their positions.
104% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 56
56% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 45
31% more call options, than puts
Call options by funds: $54.4M | Put options by funds: $41.5M
28% more capital invested
Capital invested by funds: $356M → $457M (+$101M)
8% more funds holding
Funds holding: 273 → 295 (+22)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.31% less ownership
Funds ownership: 30.38% → 30.07% (-0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$8.86M |
| 2 |
Morgan Stanley
New York
|
+$8.43M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$4.54M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$4.51M |
| 5 |
CIC
Carnegie Investment Counsel
Pepper Pike,
Ohio
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.16M |
| 3 |
Jane Street
New York
|
-$1.72M |
| 4 |
Millennium Management
New York
|
-$1.5M |
| 5 |
GIPM
G2 Investment Partners Management
New York
|
-$1.24M |
SOUN Hedge Fund Activity: Q3 2024 in Review
295 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q3 2024, worth a combined $457M — up 28% from $356M a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new SOUN positions and 45 closed out — a net gain of 25 holders — while 114 added to existing stakes and 56 trimmed.
The largest buyer was BlackRock, adding an estimated $8.86M. The largest seller was Bank of America, cutting an estimated $5.12M.
- 295 institutional investors held SoundHound AI (SOUN) as of Q3 2024, up from 273 in Q2 2024.
- Funds reported $457M of SoundHound AI stock for Q3 2024, up 28% quarter-over-quarter.
- 70 funds opened new SoundHound AI positions in Q3 2024 and 45 closed out, a net change of +25 holders.
- The largest SoundHound AI buyer in Q3 2024 was BlackRock, an estimated $8.86M added.
- The largest SoundHound AI seller in Q3 2024 was Bank of America, an estimated $5.12M sold.
Based on aggregated 13F filings for Q3 2024.