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SOVO

Sovos Brands, Inc. Common Stock

Delisted

SOVO was delisted on the 11th of March, 2024.

96 hedge funds and large institutions have $1.32B invested in Sovos Brands, Inc. Common Stock in 2022 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 8

158% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 19

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

19% more funds holding

Funds holding: 8196 (+15)

11% less capital invested

Capital invested by funds: $1.47B → $1.32B (-$155M)

Holders
96
Holders Change
+15
Holders Change %
+18.52%
% of All Funds
1.65%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
23
Increased
49
Reduced
19
Closed
8
Calls
$2.24M
Puts
Net Calls
+$2.24M
Net Calls Change
+$812K
Name Holding Trade Value Shares
Change
Change in
Stake
AI
1
Advent International
Massachusetts
$766M -$143M -9,775,000 -15%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$87.5M +$9.95M +680,477 +12%
Capital World Investors
3
Capital World Investors
California
$71.9M +$3.08M +211,000 +4%
Vanguard Group
4
Vanguard Group
Pennsylvania
$52.1M +$20.1M +1,374,382 +60%
BlackRock
5
BlackRock
New York
$41M +$8.7M +594,910 +26%
American Century Companies
6
American Century Companies
Missouri
$36.9M +$5.08M +347,453 +15%
Loomis, Sayles & Company
7
Loomis, Sayles & Company
Massachusetts
$27M +$27.7M +1,895,765 New
Fidelity Investments
8
Fidelity Investments
Massachusetts
$23.5M +$7.14M +488,406 +42%
Schroder Investment Management Group
9
Schroder Investment Management Group
United Kingdom
$22.8M +$8.14M +556,472 +53%
DCM
10
Driehaus Capital Management
Illinois
$18.5M -$486K -33,269 -2%
CIP
11
Champlain Investment Partners
Vermont
$15.7M +$16.2M +1,105,640 New
Millennium Management
12
Millennium Management
New York
$14.4M +$5.61M +383,939 +61%
RIM
13
Ranger Investment Management
Texas
$12.1M +$433K +29,605 +4%
Macquarie Group
14
Macquarie Group
Australia
$11.6M +$5.91M +404,277 +99%
Geode Capital Management
15
Geode Capital Management
Massachusetts
$10.7M +$3.07M +210,229 +39%
ClearBridge Investments
16
ClearBridge Investments
New York
$10M -$2.44M -167,096 -19%
LCG
17
Lisanti Capital Growth
New York
$8.8M -$1.16M -79,450 -11%
State Street
18
State Street
Massachusetts
$7.81M +$1.25M +85,684 +19%
Goldman Sachs
19
Goldman Sachs
New York
$7.41M -$227K -15,527 -3%
TIM
20
Thornburg Investment Management
New Mexico
$6.03M +$1.39M +95,000 +29%
Citadel Advisors
21
Citadel Advisors
Florida
$5.74M +$5.45M +372,793 +1,239%
Russell Investments Group
22
Russell Investments Group
United Kingdom
$5.1M -$770K -52,699 -13%
Northern Trust
23
Northern Trust
Illinois
$4.9M +$1.21M +83,040 +32%
BC
24
Brookfield Corp
Ontario, Canada
$4.07M +$4.17M +285,471 New
Charles Schwab
25
Charles Schwab
California
$3.99M +$1.48M +100,933 +56%

SOVO Hedge Fund Activity: Q3 2022 in Review

96 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q3 2022, worth a combined $1.32B — down 11% from $1.47B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new SOVO positions and 8 closed out — a net gain of 15 holders — while 49 added to existing stakes and 19 trimmed.

The largest buyer was Loomis, Sayles & Company, opening a new position worth an estimated $27.7M. The largest seller was Advent International, cutting an estimated $143M.

  • 96 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q3 2022, up from 81 in Q2 2022.
  • Funds reported $1.32B of Sovos Brands, Inc. Common Stock stock for Q3 2022, down 11% quarter-over-quarter.
  • 23 funds opened new Sovos Brands, Inc. Common Stock positions in Q3 2022 and 8 closed out, a net change of +15 holders.
  • The largest Sovos Brands, Inc. Common Stock buyer in Q3 2022 was Loomis, Sayles & Company, an estimated $27.7M added.
  • The largest Sovos Brands, Inc. Common Stock seller in Q3 2022 was Advent International, an estimated $143M sold.

Based on aggregated 13F filings for Q3 2022.