Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
81 hedge funds and large institutions have $1.47B invested in Sovos Brands, Inc. Common Stock in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
16% more funds holding
Funds holding: 70 → 81 (+11)
13% more capital invested
Capital invested by funds: $1.3B → $1.47B (+$171M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$11.9M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$5.97M |
| 3 |
BlackRock
New York
|
+$5.38M |
| 4 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$4.77M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCP
LGT Capital Partners
Pfaeffikon,
Switzerland
|
-$7.8M |
| 2 |
HFA
Harbert Fund Advisors
Birmingham,
Alabama
|
-$6.35M |
| 3 |
Millennium Management
New York
|
-$5.83M |
| 4 |
KCM
Kingdon Capital Management
New York
|
-$3.94M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.9M |
SOVO Hedge Fund Activity: Q2 2022 in Review
81 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q2 2022, worth a combined $1.47B — up 13% from $1.3B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new SOVO positions and 8 closed out — a net gain of 13 holders — while 32 added to existing stakes and 21 trimmed.
The largest buyer was Ranger Investment Management, opening a new position worth an estimated $11.9M. The largest seller was LGT Capital Partners, exiting entirely with an estimated $7.8M sold.
- 81 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q2 2022, up from 70 in Q1 2022.
- Funds reported $1.47B of Sovos Brands, Inc. Common Stock stock for Q2 2022, up 13% quarter-over-quarter.
- 21 funds opened new Sovos Brands, Inc. Common Stock positions in Q2 2022 and 8 closed out, a net change of +13 holders.
- The largest Sovos Brands, Inc. Common Stock buyer in Q2 2022 was Ranger Investment Management, an estimated $11.9M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q2 2022 was LGT Capital Partners, an estimated $7.8M sold.
Based on aggregated 13F filings for Q2 2022.