SoundHound AI
SOUN
109 hedge funds and large institutions have $197M invested in SoundHound AI in 2023 Q2 according to their latest regulatory filings, with 63 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 27 closing their positions.
190% more call options, than puts
Call options by funds: $18.4M | Put options by funds: $6.35M
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
163% more capital invested
Capital invested by funds: $75M → $197M (+$122M)
133% more first-time investments, than exits
New positions opened: 63 | Existing positions closed: 27
47% more funds holding
Funds holding: 74 → 109 (+35)
9.32% more ownership
Funds ownership: 15.11% → 24.42% (+9.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$22.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$13.6M |
| 3 |
State Street
Boston,
Massachusetts
|
+$6.77M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$4.8M |
| 5 |
RAM
Readystate Asset Management
Chicago,
Illinois
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSGL
No Street GP LP
San Francisco,
California
|
-$5.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.64M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
-$2.94M |
| 4 |
GGH
GCM Grosvenor Holdings
Chicago,
Illinois
|
-$2.79M |
| 5 |
HF
HRT Financial
New York
|
-$1.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JFG
126
Jefferies Financial Group
New York
| – | -$79.1K | -28,670 | Closed |
|
|
E
127
Ergoteles
New York
| – | -$73.4K | -26,600 | Closed |
|
|
PCM
128
Prelude Capital Management
New York
| – | -$51.2K | -18,566 | Closed |
|
|
KA
129
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$47.7K | -17,275 | Closed |
|
|
SG
130
StoneX Group
New York
| – | -$29K | -10,502 | Closed |
|
|
TSS
131
Two Sigma Securities
New York
| – | -$27.8K | -10,063 | Closed |
|
132
Group One Trading
Chicago,
Illinois
| – | -$23.6K | -7,944 | Closed |
|
|
AIM
133
Anchor Investment Management
Columbia,
South Carolina
| – | -$8.28K | -3,000 | Closed |
|
|
JWM
134
Janiczek Wealth Management
Denver,
Colorado
| – | -$1.79K | -679 | Closed |
|
|
BAM
135
Belpointe Asset Management
Reno,
Nevada
| – | -$414 | -150 | Closed |
|
136
Walleye Trading
New York
| – | -$229 | -77 | Closed |
|
SOUN Hedge Fund Activity: Q2 2023 in Review
109 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q2 2023, worth a combined $197M — up 163% from $75M a quarter earlier.
Buyers outnumbered sellers: 63 funds opened new SOUN positions and 27 closed out — a net gain of 36 holders — while 26 added to existing stakes and 9 trimmed.
The largest buyer was BlackRock, adding an estimated $22.8M. The largest seller was No Street GP LP, exiting entirely with an estimated $5.52M sold.
- 109 institutional investors held SoundHound AI (SOUN) as of Q2 2023, up from 74 in Q1 2023.
- Funds reported $197M of SoundHound AI stock for Q2 2023, up 163% quarter-over-quarter.
- 63 funds opened new SoundHound AI positions in Q2 2023 and 27 closed out, a net change of +36 holders.
- The largest SoundHound AI buyer in Q2 2023 was BlackRock, an estimated $22.8M added.
- The largest SoundHound AI seller in Q2 2023 was No Street GP LP, an estimated $5.52M sold.
Based on aggregated 13F filings for Q2 2023.