SoundHound AI
SOUN
273 hedge funds and large institutions have $356M invested in SoundHound AI in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 103 increasing their positions, 47 reducing their positions, and 42 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 47
83% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 42
13% more funds holding
Funds holding: 242 → 273 (+31)
6.22% more ownership
Funds ownership: 24.15% → 30.38% (+6.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less call options, than puts
Call options by funds: $32.7M | Put options by funds: $35.9M
7% less capital invested
Capital invested by funds: $384M → $356M (-$27.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$42.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30.7M |
| 3 |
State Street
Boston,
Massachusetts
|
+$14.5M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
+$12.2M |
| 5 |
Charles Schwab
San Francisco,
California
|
+$3.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$12.2M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$5.69M |
| 3 |
BG
Baupost Group
Boston,
Massachusetts
|
-$5.55M |
| 4 |
CF
Cantor Fitzgerald
New York
|
-$3.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.14M |
SOUN Hedge Fund Activity: Q2 2024 in Review
273 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in SoundHound AI (SOUN) for Q2 2024, worth a combined $356M — down 7.2% from $384M a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new SOUN positions and 42 closed out — a net gain of 35 holders — while 103 added to existing stakes and 47 trimmed.
The largest buyer was BlackRock, adding an estimated $42.2M. The largest seller was Invesco, cutting an estimated $12.2M.
- 273 institutional investors held SoundHound AI (SOUN) as of Q2 2024, up from 242 in Q1 2024.
- Funds reported $356M of SoundHound AI stock for Q2 2024, down 7.2% quarter-over-quarter.
- 77 funds opened new SoundHound AI positions in Q2 2024 and 42 closed out, a net change of +35 holders.
- The largest SoundHound AI buyer in Q2 2024 was BlackRock, an estimated $42.2M added.
- The largest SoundHound AI seller in Q2 2024 was Invesco, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2024.