SoundHound AI
SOUN
118 hedge funds and large institutions have $110M invested in SoundHound AI in 2023 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 45 increasing their positions, 21 reducing their positions, and 24 closing their positions.
114% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 21
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
35% more call options, than puts
Call options by funds: $4.99M | Put options by funds: $3.7M
8% more funds holding
Funds holding: 109 → 118 (+9)
2.58% more ownership
Funds ownership: 24.42% → 27% (+2.6%)
44% less capital invested
Capital invested by funds: $197M → $110M (-$87.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$8.35M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.25M |
| 3 |
BlackRock
New York
|
+$4.38M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$3.6M |
| 5 |
State Street
Boston,
Massachusetts
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
-$5.69M |
| 2 |
SC
Sculptor Capital
New York
|
-$842K |
| 3 |
Millennium Management
New York
|
-$481K |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
-$413K |
| 5 |
Morgan Stanley
New York
|
-$401K |
SOUN Hedge Fund Activity: Q3 2023 in Review
118 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q3 2023, worth a combined $110M — down 44% from $197M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SOUN positions and 24 closed out — a net gain of 10 holders — while 45 added to existing stakes and 21 trimmed.
The largest buyer was Intrinsic Edge Capital Management, opening a new position worth an estimated $8.35M. The largest seller was Readystate Asset Management, exiting entirely with an estimated $5.69M sold.
- 118 institutional investors held SoundHound AI (SOUN) as of Q3 2023, up from 109 in Q2 2023.
- Funds reported $110M of SoundHound AI stock for Q3 2023, down 44% quarter-over-quarter.
- 34 funds opened new SoundHound AI positions in Q3 2023 and 24 closed out, a net change of +10 holders.
- The largest SoundHound AI buyer in Q3 2023 was Intrinsic Edge Capital Management, an estimated $8.35M added.
- The largest SoundHound AI seller in Q3 2023 was Readystate Asset Management, an estimated $5.69M sold.
Based on aggregated 13F filings for Q3 2023.