Spruce Power Holding Corp
SPRU
68 hedge funds and large institutions have $27.2M invested in Spruce Power Holding Corp in 2023 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 18 reducing their positions, and 13 closing their positions.
77% more call options, than puts
Call options by funds: $122K | Put options by funds: $69K
6% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 18
0.16% more ownership
Funds ownership: 2.71% → 2.87% (+0.16%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 71 → 68 (-3)
15% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 13
48% less capital invested
Capital invested by funds: $52.4M → $27.2M (-$25.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JGC
J. Goldman & Co
New York
|
+$851K |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$770K |
| 3 |
SAM
Soviero Asset Management
New York
|
+$642K |
| 4 |
BP
BBR Partners
New York
|
+$473K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$283K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$23.6M |
| 2 |
EC
EJF Capital
Arlington,
Virginia
|
-$711K |
| 3 |
Morgan Stanley
New York
|
-$246K |
| 4 |
Jane Street
New York
|
-$221K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$146K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Wolverine Trading
Chicago,
Illinois
| – | -$16K | -2,123 | Closed |
|
|
CSS
77
Cubist Systematic Strategies
Stamford,
Connecticut
| – | -$13.3K | -1,802 | Closed |
|
|
AWM
78
Activest Wealth Management
Aventure,
Florida
| – | -$1.35K | -125 | Closed |
|
|
RBC
79
Romano Brothers & Co
Evanston,
Illinois
| – | -$460 | -63 | Closed |
|
|
EE
80
EWG Elevate
Roseville,
California
| – | -$426 | -58 | Closed |
|
81
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$183 | -25 | Closed |
|
|
AW
82
Avion Wealth
The Woodlands,
Texas
| – | -$103 | -12 | -48% |
|
SPRU Hedge Fund Activity: Q1 2023 in Review
68 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Spruce Power Holding Corp (SPRU) for Q1 2023, worth a combined $27.2M — down 48% from $52.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SPRU and 11 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 19 added.
The largest buyer was J. Goldman & Co, adding an estimated $851K. The largest seller was Arete Wealth Advisors, exiting entirely with an estimated $23.6M sold.
- 68 institutional investors held Spruce Power Holding Corp (SPRU) as of Q1 2023, down from 71 in Q4 2022.
- Funds reported $27.2M of Spruce Power Holding Corp stock for Q1 2023, down 48% quarter-over-quarter.
- 11 funds opened new Spruce Power Holding Corp positions in Q1 2023 and 13 closed out, a net change of -2 holders.
- The largest Spruce Power Holding Corp buyer in Q1 2023 was J. Goldman & Co, an estimated $851K added.
- The largest Spruce Power Holding Corp seller in Q1 2023 was Arete Wealth Advisors, an estimated $23.6M sold.
Based on aggregated 13F filings for Q1 2023.