SoundHound AI
SOUN
74 hedge funds and large institutions have $75M invested in SoundHound AI in 2023 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 6 closing their positions.
650% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 6
151% more call options, than puts
Call options by funds: $7.08M | Put options by funds: $2.83M
111% more funds holding
Funds holding: 35 → 74 (+39)
75% more capital invested
Capital invested by funds: $42.9M → $75M (+$32.1M)
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
0.29% less ownership
Funds ownership: 15.39% → 15.11% (-0.29%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
+$4.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.65M |
| 3 |
HF
HRT Financial
New York
|
+$1.41M |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$1.09M |
| 5 |
Jane Street
New York
|
+$900K |
Top Sellers
SOUN Hedge Fund Activity: Q1 2023 in Review
74 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q1 2023, worth a combined $75M — up 75% from $42.9M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SOUN positions and 6 closed out — a net gain of 39 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was No Street GP LP, opening a new position worth an estimated $4.71M. The largest seller was Cota Capital Management, exiting entirely with an estimated $3.6M sold.
- 74 institutional investors held SoundHound AI (SOUN) as of Q1 2023, up from 35 in Q4 2022.
- Funds reported $75M of SoundHound AI stock for Q1 2023, up 75% quarter-over-quarter.
- 45 funds opened new SoundHound AI positions in Q1 2023 and 6 closed out, a net change of +39 holders.
- The largest SoundHound AI buyer in Q1 2023 was No Street GP LP, an estimated $4.71M added.
- The largest SoundHound AI seller in Q1 2023 was Cota Capital Management, an estimated $3.6M sold.
Based on aggregated 13F filings for Q1 2023.