Sovos Brands, Inc. Common Stock
SOVO
SOVO was delisted on the 11th of March, 2024.
111 hedge funds and large institutions have $1.57B invested in Sovos Brands, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 42 increasing their positions, 28 reducing their positions, and 13 closing their positions.
360% more call options, than puts
Call options by funds: $69K | Put options by funds: $15K
146% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 13
50% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 28
21% more funds holding
Funds holding: 92 → 111 (+19)
18% more capital invested
Capital invested by funds: $1.34B → $1.57B (+$235M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$17.7M |
| 2 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$9.64M |
| 3 |
BlackRock
New York
|
+$6.56M |
| 4 |
RIM
Ranger Investment Management
Dallas,
Texas
|
+$4.23M |
| 5 |
MAP
Moody Aldrich Partners
Marblehead,
Massachusetts
|
+$4.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$15.7M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$11.8M |
| 3 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$8.69M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.78M |
| 5 |
LCG
Lisanti Capital Growth
New York
|
-$4.06M |
SOVO Hedge Fund Activity: Q1 2023 in Review
111 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sovos Brands, Inc. Common Stock (SOVO) for Q1 2023, worth a combined $1.57B — up 18% from $1.34B a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SOVO positions and 13 closed out — a net gain of 19 holders — while 42 added to existing stakes and 28 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $17.7M. The largest seller was American Century Companies, cutting an estimated $15.7M.
- 111 institutional investors held Sovos Brands, Inc. Common Stock (SOVO) as of Q1 2023, up from 92 in Q4 2022.
- Funds reported $1.57B of Sovos Brands, Inc. Common Stock stock for Q1 2023, up 18% quarter-over-quarter.
- 32 funds opened new Sovos Brands, Inc. Common Stock positions in Q1 2023 and 13 closed out, a net change of +19 holders.
- The largest Sovos Brands, Inc. Common Stock buyer in Q1 2023 was Fidelity Investments, an estimated $17.7M added.
- The largest Sovos Brands, Inc. Common Stock seller in Q1 2023 was American Century Companies, an estimated $15.7M sold.
Based on aggregated 13F filings for Q1 2023.