Sprout Social
SPT
253 hedge funds and large institutions have $3.66B invested in Sprout Social in 2021 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 109 increasing their positions, 68 reducing their positions, and 39 closing their positions.
267% more call options, than puts
Call options by funds: $82.6M | Put options by funds: $22.5M
60% more capital invested
Capital invested by funds: $2.28B → $3.66B (+$1.38B)
60% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 68
41% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 39
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
6% more funds holding
Funds holding: 238 → 253 (+15)
2.35% more ownership
Funds ownership: 89.51% → 91.86% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
+$96.3M |
| 2 |
ClearBridge Investments
New York
|
+$63.4M |
| 3 |
BlackRock
New York
|
+$52.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$34.1M |
| 5 |
Jennison Associates
New York
|
+$22.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$89.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$37.6M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
-$36.3M |
| 4 |
HLC
Hunt Lane Capital
New York
|
-$34.7M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$21.5M |
SPT Hedge Fund Activity: Q2 2021 in Review
253 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q2 2021, worth a combined $3.66B — up 60% from $2.28B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SPT positions and 39 closed out — a net gain of 16 holders — while 109 added to existing stakes and 68 trimmed.
The largest buyer was Fred Alger Management, adding an estimated $96.3M. The largest seller was NEA Management Company, exiting entirely with an estimated $89.2M sold.
- 253 institutional investors held Sprout Social (SPT) as of Q2 2021, up from 238 in Q1 2021.
- Funds reported $3.66B of Sprout Social stock for Q2 2021, up 60% quarter-over-quarter.
- 55 funds opened new Sprout Social positions in Q2 2021 and 39 closed out, a net change of +16 holders.
- The largest Sprout Social buyer in Q2 2021 was Fred Alger Management, an estimated $96.3M added.
- The largest Sprout Social seller in Q2 2021 was NEA Management Company, an estimated $89.2M sold.
Based on aggregated 13F filings for Q2 2021.