Sound Point Meridian Capital
SPMC
9 hedge funds and large institutions have $24.2M invested in Sound Point Meridian Capital in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
30.17% more ownership
Funds ownership: 0% → 30.17% (+30%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$10M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$8.8M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.85M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1,000K |
| 5 |
CL
Choreo LLC
Rockford,
Illinois
|
+$824K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $10M | +$10M | +500,000 | New |
|
|
TJHA
2
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $8.82M | +$8.8M | +440,094 | New |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $2.86M | +$2.85M | +142,691 | New |
|
|
RCM
4
Rivernorth Capital Management
West Palm Beach,
Florida
| $1M | +$1,000K | +50,000 | New |
|
|
CL
5
Choreo LLC
Rockford,
Illinois
| $827K | +$824K | +41,234 | New |
|
|
BSG
6
Black Swift Group
Boulder,
Colorado
| $451K | +$450K | +22,500 | New |
|
|
FRA
7
Frank Rimerman Advisors
Palo Alto,
California
| $200K | +$200K | +10,000 | New |
|
8
UBS Group
Zurich,
Switzerland
| $56K | +$55.8K | +2,793 | New |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | +$7.54K | +377 | New |
|
SPMC Hedge Fund Activity: Q2 2024 in Review
9 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in Sound Point Meridian Capital (SPMC) for Q2 2024, worth a combined $24.2M.
Buyers outnumbered sellers: 9 funds opened new SPMC positions and 0 closed out — a net gain of 9 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Bank of America, opening a new position worth an estimated $10M.
- 9 institutional investors held Sound Point Meridian Capital (SPMC) as of Q2 2024, up from 0 in Q1 2024.
- Funds reported $24.2M of Sound Point Meridian Capital stock for Q2 2024.
- 9 funds opened new Sound Point Meridian Capital positions in Q2 2024 and 0 closed out, a net change of +9 holders.
- The largest Sound Point Meridian Capital buyer in Q2 2024 was Bank of America, an estimated $10M added.
Based on aggregated 13F filings for Q2 2024.