Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
93 hedge funds and large institutions have $1.34B invested in Sovos Brands, Inc. Common Stock in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 38 increasing their positions, 36 reducing their positions, and 15 closing their positions.
6% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 36
2% more capital invested
Capital invested by funds: $1.32B → $1.34B (+$22.1M)
3% less funds holding
Funds holding: 96 → 93 (-3)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$17.1M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
+$3.7M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$3.45M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.96M |
| 5 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$8.99M |
| 2 |
Goldman Sachs
New York
|
-$5.84M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$5.74M |
| 4 |
LCG
Lisanti Capital Growth
New York
|
-$4.7M |
| 5 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
-$4.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Ameriprise
Minneapolis,
Minnesota
| – | -$214K | -15,051 | Closed |
|
102
Two Sigma Investments
New York
| – | -$195K | -13,700 | Closed |
|
103
Jane Street
New York
| – | -$182K | -12,768 | Closed |
|
|
CSS
104
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$149K | -10,464 | Closed |
|
105
SG Americas Securities
New York
| – | -$120K | -8,431 | Closed |
|
106
Belvedere Trading
Chicago,
Illinois
| – | -$11K | -793 | Closed |
|
|
C
107
Covestor
London,
United Kingdom
| – | -$14 | -1 | -7% |
|
SOVO Hedge Fund Activity: Q4 2022 in Review
93 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q4 2022, worth a combined $1.34B — up 1.7% from $1.32B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SOVO and 12 opened new positions — a net loss of 3 holders — while 36 trimmed existing stakes and 38 added.
The largest buyer was Champlain Investment Partners, adding an estimated $17.1M. The largest seller was American Century Companies, cutting an estimated $8.99M.
- 93 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q4 2022, down from 96 in Q3 2022.
- Funds reported $1.34B of Sovos Brands, Inc. Common Stock stock for Q4 2022, up 1.7% quarter-over-quarter.
- 12 funds opened new Sovos Brands, Inc. Common Stock positions in Q4 2022 and 15 closed out, a net change of -3 holders.
- The largest Sovos Brands, Inc. Common Stock buyer in Q4 2022 was Champlain Investment Partners, an estimated $17.1M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q4 2022 was American Century Companies, an estimated $8.99M sold.
Based on aggregated 13F filings for Q4 2022.