Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
134 hedge funds and large institutions have $1.83B invested in Sovos Brands, Inc. Common Stock in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 62 increasing their positions, 23 reducing their positions, and 14 closing their positions.
366% more call options, than puts
Call options by funds: $326K | Put options by funds: $70K
170% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 23
164% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 14
21% more funds holding
Funds holding: 111 → 134 (+23)
16% more capital invested
Capital invested by funds: $1.57B → $1.83B (+$253M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$21.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.6M |
| 3 |
D.E. Shaw & Co
New York
|
+$13.5M |
| 4 |
BlackRock
New York
|
+$12.6M |
| 5 |
Morgan Stanley
New York
|
+$12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Advent International
Boston,
Massachusetts
|
-$201M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$10.3M |
| 3 |
MAP
Moody Aldrich Partners
Marblehead,
Massachusetts
|
-$5M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.52M |
| 5 |
ClearBridge Investments
New York
|
-$2.57M |
SOVO Hedge Fund Activity: Q2 2023 in Review
134 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q2 2023, worth a combined $1.83B — up 16% from $1.57B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new SOVO positions and 14 closed out — a net gain of 23 holders — while 62 added to existing stakes and 23 trimmed.
The largest buyer was Driehaus Capital Management, adding an estimated $21.5M. The largest seller was Advent International, cutting an estimated $201M.
- 134 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q2 2023, up from 111 in Q1 2023.
- Funds reported $1.83B of Sovos Brands, Inc. Common Stock stock for Q2 2023, up 16% quarter-over-quarter.
- 37 funds opened new Sovos Brands, Inc. Common Stock positions in Q2 2023 and 14 closed out, a net change of +23 holders.
- The largest Sovos Brands, Inc. Common Stock buyer in Q2 2023 was Driehaus Capital Management, an estimated $21.5M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q2 2023 was Advent International, an estimated $201M sold.
Based on aggregated 13F filings for Q2 2023.