Sprout Social
SPT
73 hedge funds and large institutions have $544M invested in Sprout Social in 2020 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 23 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
20% more funds holding
Funds holding: 61 → 73 (+12)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
6% more capital invested
Capital invested by funds: $513M → $544M (+$30.9M)
0.72% more ownership
Funds ownership: 83.84% → 84.57% (+0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GEH
General Equity Holdings
Brooklyn,
New York
|
+$19.8M |
| 2 |
HLC
Hunt Lane Capital
New York
|
+$18.7M |
| 3 |
BlackRock
New York
|
+$6.39M |
| 4 |
KCM
Kingstown Capital Management
New York
|
+$6.38M |
| 5 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alyeska Investment Group
Chicago,
Illinois
|
-$13.7M |
| 2 |
ECM
Element Capital Management
New York
|
-$6.42M |
| 3 |
LM
Luminus Management
Houston,
Texas
|
-$6.34M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$5.38M |
| 5 |
FG
Formula Growth
Montreal,
Quebec, Canada
|
-$4.95M |
SPT Hedge Fund Activity: Q1 2020 in Review
73 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q1 2020, worth a combined $544M — up 6% from $513M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SPT positions and 23 closed out — a net gain of 13 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was General Equity Holdings, opening a new position worth an estimated $19.8M. The largest seller was Alyeska Investment Group, exiting entirely with an estimated $13.7M sold.
- 73 institutional investors held Sprout Social (SPT) as of Q1 2020, up from 61 in Q4 2019.
- Funds reported $544M of Sprout Social stock for Q1 2020, up 6% quarter-over-quarter.
- 36 funds opened new Sprout Social positions in Q1 2020 and 23 closed out, a net change of +13 holders.
- The largest Sprout Social buyer in Q1 2020 was General Equity Holdings, an estimated $19.8M added.
- The largest Sprout Social seller in Q1 2020 was Alyeska Investment Group, an estimated $13.7M sold.
Based on aggregated 13F filings for Q1 2020.