Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
70 hedge funds and large institutions have $1.3B invested in Sovos Brands, Inc. Common Stock in 2022 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 29 reducing their positions, and 24 closing their positions.
266% more call options, than puts
Call options by funds: $538K | Put options by funds: $147K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 29
7% less capital invested
Capital invested by funds: $1.4B → $1.3B (-$98.2M)
17% less funds holding
Funds holding: 84 → 70 (-14)
58% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$8.42M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.48M |
| 3 |
Millennium Management
New York
|
+$6.41M |
| 4 |
BlackRock
New York
|
+$3.39M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Ghisallo Capital Management
Boston,
Massachusetts
|
-$12M |
| 2 |
KRC
Kehrs Ridge Capital
Holmdel,
New Jersey
|
-$6.02M |
| 3 |
CCM
CAAS Capital Management
New York
|
-$5.89M |
| 4 |
Holocene Advisors
New York
|
-$3.01M |
| 5 |
LP
LMR Partners
London,
United Kingdom
|
-$2.6M |
SOVO Hedge Fund Activity: Q1 2022 in Review
70 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q1 2022, worth a combined $1.3B — down 7% from $1.4B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SOVO and 10 opened new positions — a net loss of 14 holders — while 29 trimmed existing stakes and 28 added.
The largest buyer was Capital World Investors, adding an estimated $8.42M. The largest seller was Ghisallo Capital Management, exiting entirely with an estimated $12M sold.
- 70 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q1 2022, down from 84 in Q4 2021.
- Funds reported $1.3B of Sovos Brands, Inc. Common Stock stock for Q1 2022, down 7% quarter-over-quarter.
- 10 funds opened new Sovos Brands, Inc. Common Stock positions in Q1 2022 and 24 closed out, a net change of -14 holders.
- The largest Sovos Brands, Inc. Common Stock buyer in Q1 2022 was Capital World Investors, an estimated $8.42M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q1 2022 was Ghisallo Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q1 2022.