Sprout Social
SPT
261 hedge funds and large institutions have $2.49B invested in Sprout Social in 2023 Q2 according to their latest regulatory filings, with 36 funds opening new positions, 110 increasing their positions, 87 reducing their positions, and 54 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 87
6.86% more ownership
Funds ownership: 105.43% → 112.28% (+6.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less funds holding
Funds holding: 280 → 261 (-19)
17% less call options, than puts
Call options by funds: $10.9M | Put options by funds: $13.2M
19% less capital invested
Capital invested by funds: $3.06B → $2.49B (-$567M)
33% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$110M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$60M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$34.6M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$28.3M |
| 5 |
ClearBridge Investments
New York
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$54.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$45.7M |
| 3 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$43M |
| 4 |
FAM
Fred Alger Management
New York
|
-$39.9M |
| 5 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
-$27.2M |
SPT Hedge Fund Activity: Q2 2023 in Review
261 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q2 2023, worth a combined $2.49B — down 19% from $3.06B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of SPT and 36 opened new positions — a net loss of 18 holders — while 87 trimmed existing stakes and 110 added.
The largest buyer was Wellington Management Group, adding an estimated $110M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $54.7M sold.
- 261 institutional investors held Sprout Social (SPT) as of Q2 2023, down from 280 in Q1 2023.
- Funds reported $2.49B of Sprout Social stock for Q2 2023, down 19% quarter-over-quarter.
- 36 funds opened new Sprout Social positions in Q2 2023 and 54 closed out, a net change of -18 holders.
- The largest Sprout Social buyer in Q2 2023 was Wellington Management Group, an estimated $110M added.
- The largest Sprout Social seller in Q2 2023 was Lord, Abbett & Co, an estimated $54.7M sold.
Based on aggregated 13F filings for Q2 2023.