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SOVO

Sovos Brands, Inc. Common Stock

Delisted

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.

New
Increased
Maintained
Reduced
Closed

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: 11 (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: 8470 (-14)

58% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 24

Holders
70
Holders Change
-14
Holders Change %
-16.67%
% of All Funds
1.1%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
28
Reduced
29
Closed
24
Calls
$538K
Puts
$147K
Net Calls
+$391K
Net Calls Change
+$393K
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Advent International
Massachusetts
$901M
Wellington Management Group
2
Wellington Management Group
Massachusetts
$81.3M +$240K +17,931 +0.3%
Capital World Investors
3
Capital World Investors
California
$65.3M +$8.42M +629,913 +16%
American Century Companies
4
American Century Companies
Missouri
$31.4M +$3.36M +251,345 +13%
Vanguard Group
5
Vanguard Group
Pennsylvania
$31.2M -$177K -13,213 -0.6%
BlackRock
6
BlackRock
New York
$27.1M +$3.39M +253,722 +15%
DCM
7
Driehaus Capital Management
Illinois
$19M -$1.67M -125,337 -9%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$17.9M +$6.48M +485,256 +63%
Millennium Management
9
Millennium Management
New York
$14.6M +$6.41M +479,702 +88%
Schroder Investment Management Group
10
Schroder Investment Management Group
United Kingdom
$14.3M -$879K -65,773 -6%
ClearBridge Investments
11
ClearBridge Investments
New York
$11.6M +$1.47M +109,922 +16%
Goldman Sachs
12
Goldman Sachs
New York
$9.54M -$510K -38,191 -5%
LCP
13
LGT Capital Partners
Switzerland
$7.8M +$1.98M +148,394 +37%
WMSA
14
Weiss Multi-Strategy Advisers
New York
$7.53M -$930K -69,594 -12%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$7.49M +$527K +39,450 +8%
HFA
16
Harbert Fund Advisors
Alabama
$6.35M -$386K -28,896 -6%
State Street
17
State Street
Massachusetts
$5.85M +$1.3M +97,284 +31%
LCG
18
Lisanti Capital Growth
New York
$5.64M -$985K -73,714 -16%
KCM
19
Kingdon Capital Management
New York
$3.94M -$1.82M -135,838 -33%
Allspring Global Investments
20
Allspring Global Investments
North Carolina
$3.73M +$1.76M +131,963 +101%
Northern Trust
21
Northern Trust
Illinois
$3.06M -$200K -14,988 -6%
Charles Schwab
22
Charles Schwab
California
$2.53M +$66.2K +4,951 +3%
Citadel Advisors
23
Citadel Advisors
Florida
$2.4M +$884K +66,138 +64%
Victory Capital Management
24
Victory Capital Management
Texas
$2.03M +$23.5K +1,758 +1%
New York State Common Retirement Fund
25
New York State Common Retirement Fund
New York
$1.89M +$422K +31,589 +31%

SOVO Hedge Fund Activity: Q1 2022 in Review

70 of the 6,340 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.