Sound Point Meridian Capital
SPMC
14 hedge funds and large institutions have $218M invested in Sound Point Meridian Capital in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 6 closing their positions.
598% more capital invested
Capital invested by funds: $31.2M → $218M (+$187M)
8.02% less ownership
Funds ownership: 8.02% → 0% (-8%)
18% less funds holding
Funds holding: 17 → 14 (-3)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KL
KIM LLC
Wichita,
Kansas
|
+$199M |
| 2 |
EMC
Everest Management Corp
Cupertino,
California
|
+$1.34M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$371K |
| 4 |
Morgan Stanley
New York
|
+$237K |
| 5 |
RPCA
Running Point Capital Advisors
El Segundo,
California
|
+$79.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$2.99M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$852K |
| 3 |
Goldman Sachs
New York
|
-$487K |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
-$467K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$295K |
SPMC Hedge Fund Activity: Q2 2025 in Review
14 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Sound Point Meridian Capital (SPMC) for Q2 2025, worth a combined $218M — up 598% from $31.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SPMC and 3 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 4 added.
The largest buyer was KIM LLC, opening a new position worth an estimated $199M. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $2.99M.
- 14 institutional investors held Sound Point Meridian Capital (SPMC) as of Q2 2025, down from 17 in Q1 2025.
- Funds reported $218M of Sound Point Meridian Capital stock for Q2 2025, up 598% quarter-over-quarter.
- 3 funds opened new Sound Point Meridian Capital positions in Q2 2025 and 6 closed out, a net change of -3 holders.
- The largest Sound Point Meridian Capital buyer in Q2 2025 was KIM LLC, an estimated $199M added.
- The largest Sound Point Meridian Capital seller in Q2 2025 was Thomas J. Herzfeld Advisors, an estimated $2.99M sold.
Based on aggregated 13F filings for Q2 2025.