Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
157 hedge funds and large institutions have $2.48B invested in Sovos Brands, Inc. Common Stock in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 65 increasing their positions, 45 reducing their positions, and 32 closing their positions.
142% more call options, than puts
Call options by funds: $64.1M | Put options by funds: $26.5M
129% more funds holding in top 10
Funds holding in top 10: 7 → 16 (+9)
44% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 45
6% more capital invested
Capital invested by funds: $2.33B → $2.48B (+$145M)
3% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 32
1% more funds holding
Funds holding: 156 → 157 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Calamos Advisors
Naperville,
Illinois
|
+$35.1M |
| 2 |
WIC
Water Island Capital
New York
|
+$32.2M |
| 3 |
Morgan Stanley
New York
|
+$30.6M |
| 4 |
MAM
Melqart Asset Management
London,
United Kingdom
|
+$27.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$27.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$72.5M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$25.3M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$24.7M |
| 4 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
-$19.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$18.3M |
SOVO Hedge Fund Activity: Q4 2023 in Review
157 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q4 2023, worth a combined $2.48B — up 6.2% from $2.33B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SOVO positions and 32 closed out — a net gain of 1 holder — while 65 added to existing stakes and 45 trimmed.
The largest buyer was Calamos Advisors, adding an estimated $35.1M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $72.5M sold.
- 157 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q4 2023, up from 156 in Q3 2023.
- Funds reported $2.48B of Sovos Brands, Inc. Common Stock stock for Q4 2023, up 6.2% quarter-over-quarter.
- 33 funds opened new Sovos Brands, Inc. Common Stock positions in Q4 2023 and 32 closed out, a net change of +1 holder.
- The largest Sovos Brands, Inc. Common Stock buyer in Q4 2023 was Calamos Advisors, an estimated $35.1M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q4 2023 was Champlain Investment Partners, an estimated $72.5M sold.
Based on aggregated 13F filings for Q4 2023.