Sound Point Meridian Capital
SPMC
15 hedge funds and large institutions have $209M invested in Sound Point Meridian Capital in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
7% more funds holding
Funds holding: 14 → 15 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $218M → $209M (-$8.72M)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
60.02% less ownership
Funds ownership: 60.02% → 0% (-60%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$852K |
| 2 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
+$494K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$276K |
| 4 |
EMC
Everest Management Corp
Cupertino,
California
|
+$48.4K |
| 5 |
Morgan Stanley
New York
|
+$7.17K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.78M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$1.13M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$280K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$73.8K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$37.6K |
SPMC Hedge Fund Activity: Q3 2025 in Review
15 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Sound Point Meridian Capital (SPMC) for Q3 2025, worth a combined $209M — down 4% from $218M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SPMC positions and 3 closed out — a net gain of 1 holder — while 3 added to existing stakes and 5 trimmed.
The largest buyer was B. Riley Financial, opening a new position worth an estimated $852K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.78M sold.
- 15 institutional investors held Sound Point Meridian Capital (SPMC) as of Q3 2025, up from 14 in Q2 2025.
- Funds reported $209M of Sound Point Meridian Capital stock for Q3 2025, down 4% quarter-over-quarter.
- 4 funds opened new Sound Point Meridian Capital positions in Q3 2025 and 3 closed out, a net change of +1 holder.
- The largest Sound Point Meridian Capital buyer in Q3 2025 was B. Riley Financial, an estimated $852K added.
- The largest Sound Point Meridian Capital seller in Q3 2025 was Envestnet Asset Management, an estimated $1.78M sold.
Based on aggregated 13F filings for Q3 2025.