We are live on ! Find out more
SOUN icon

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
118
Holders Change
+9
Holders Change %
+8.26%
% of All Funds
1.87%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
34
Increased
45
Reduced
21
Closed
24
Calls
$4.99M
Puts
$3.7M
Net Calls
+$1.29M
Net Calls Change
-$10.8M

Top Buyers

1
IECM
Intrinsic Edge Capital Management
Illinois
+$8.35M
2
Vanguard Group
Vanguard Group
Pennsylvania
+$5.25M
3
BlackRock
BlackRock
New York
+$4.38M
4
Truist Financial
Truist Financial
North Carolina
+$3.6M
5
State Street
State Street
Massachusetts
+$3.11M

Top Sellers

1
RAM
Readystate Asset Management
Illinois
-$5.69M
2
SC
Sculptor Capital
New York
-$842K
3
Millennium Management
Millennium Management
New York
-$481K
4
AR
Advisory Research
Illinois
-$413K
5
Morgan Stanley
Morgan Stanley
New York
-$401K
Name Holding Trade Value Shares
Change 		Change in
Stake
SO
126
STRS Ohio
Ohio
– -$132K -29,100 Closed
RJFSA
127
Raymond James Financial Services Advisors
Florida
– -$131K -28,886 Closed
Vontobel Holding
128
Vontobel Holding
Switzerland
– -$129K -28,369 Closed
DLCIG
129
D.L. Carlson Investment Group
New Hampshire
– -$107K -23,500 Closed
BRWA
130
B. Riley Wealth Advisors
Florida
– -$97.1K -21,350 Closed
IA
131
IAM Advisory
Pennsylvania
– -$55.7K -12,250 Closed
SI
132
Stephens Inc
Arkansas
– -$55.4K -12,172 Closed
IAA
133
Independent Advisor Alliance
North Carolina
– -$54.6K -12,000 Closed
PCIA
134
Prime Capital Investment Advisors
Kansas
– -$52K -11,428 Closed
JCM
135
Jacobi Capital Management
Pennsylvania
– -$48.9K -10,750 Closed
AFP
136
Ausdal Financial Partners
Iowa
– -$45.5K -10,000 Closed
PHS
137
Pekin Hardy Strauss
Illinois
– -$45.5K -10,000 Closed
TCPG
138
Trivant Custom Portfolio Group
California
– -$4.55K -1,000 Closed
IFAM
139
Institutional & Family Asset Management
Colorado
– -$3.64K -800 Closed
CWA
140
Clearview Wealth Advisors
Oregon
– -$1.14K -250 Closed
IRC
141
Investors Research Corp
Georgia
– -$910 -200 Closed
Nisa Investment Advisors
142
Nisa Investment Advisors
Missouri
– -$423 -93 Closed
2 3 4 5
6

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.