SoundHound AI
SOUN
144 hedge funds and large institutions have $131M invested in SoundHound AI in 2023 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 48 increasing their positions, 28 reducing their positions, and 12 closing their positions.
225% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 12
83% more call options, than puts
Call options by funds: $5.4M | Put options by funds: $2.96M
71% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 28
22% more funds holding
Funds holding: 118 → 144 (+26)
18% more capital invested
Capital invested by funds: $110M → $131M (+$20.2M)
2.06% more ownership
Funds ownership: 27% → 29.06% (+2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$3.1M |
| 2 |
Morgan Stanley
New York
|
+$2.25M |
| 3 |
SoftBank Group
Tokyo,
Japan
|
+$2.11M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.34M |
| 5 |
BlackRock
New York
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACG
Anchorage Capital Group
New York
|
-$6.43M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$415K |
| 3 |
SIS
Strategic Investment Solutions
Orland Park,
Illinois
|
-$356K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$333K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$283K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CF
151
Cantor Fitzgerald
New York
| – | -$26.3K | -13,106 | Closed |
|
152
Teacher Retirement System of Texas
Austin,
Texas
| – | -$22K | -11,173 | Closed |
|
|
SWP
153
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$20.1K | -10,000 | Closed |
|
154
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$2.01K | -1,000 | Closed |
|
|
TCM
155
Tradewinds Capital Management
Bellingham,
Washington
| – | -$483 | -240 | Closed |
|
SOUN Hedge Fund Activity: Q4 2023 in Review
144 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q4 2023, worth a combined $131M — up 18% from $110M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new SOUN positions and 12 closed out — a net gain of 27 holders — while 48 added to existing stakes and 28 trimmed.
The largest buyer was Intrinsic Edge Capital Management, adding an estimated $3.1M. The largest seller was Anchorage Capital Group, exiting entirely with an estimated $6.43M sold.
- 144 institutional investors held SoundHound AI (SOUN) as of Q4 2023, up from 118 in Q3 2023.
- Funds reported $131M of SoundHound AI stock for Q4 2023, up 18% quarter-over-quarter.
- 39 funds opened new SoundHound AI positions in Q4 2023 and 12 closed out, a net change of +27 holders.
- The largest SoundHound AI buyer in Q4 2023 was Intrinsic Edge Capital Management, an estimated $3.1M added.
- The largest SoundHound AI seller in Q4 2023 was Anchorage Capital Group, an estimated $6.43M sold.
Based on aggregated 13F filings for Q4 2023.