Sprout Social
SPT
254 hedge funds and large institutions have $2.75B invested in Sprout Social in 2022 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 118 increasing their positions, 88 reducing their positions, and 42 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
34% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 88
7.23% more ownership
Funds ownership: 94.62% → 101.86% (+7.2%)
9% less funds holding
Funds holding: 279 → 254 (-25)
16% less capital invested
Capital invested by funds: $3.29B → $2.75B (-$542M)
17% less call options, than puts
Call options by funds: $21.5M | Put options by funds: $25.8M
52% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 42
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$67.2M |
| 2 |
Jennison Associates
New York
|
+$30.2M |
| 3 |
BAMCO Inc
New York
|
+$29.1M |
| 4 |
JP Morgan Chase
New York
|
+$23.4M |
| 5 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$21.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$19.8M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$18.5M |
| 3 |
Renaissance Technologies
New York
|
-$16M |
| 4 |
Two Sigma Investments
New York
|
-$13.5M |
| 5 |
FAM
Fred Alger Management
New York
|
-$12.8M |
SPT Hedge Fund Activity: Q2 2022 in Review
254 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q2 2022, worth a combined $2.75B — down 16% from $3.29B a quarter earlier.
Sellers outnumbered buyers: 42 funds closed out of SPT and 20 opened new positions — a net loss of 22 holders — while 88 trimmed existing stakes and 118 added.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $67.2M. The largest seller was Whale Rock Capital Management, exiting entirely with an estimated $19.8M sold.
- 254 institutional investors held Sprout Social (SPT) as of Q2 2022, down from 279 in Q1 2022.
- Funds reported $2.75B of Sprout Social stock for Q2 2022, down 16% quarter-over-quarter.
- 20 funds opened new Sprout Social positions in Q2 2022 and 42 closed out, a net change of -22 holders.
- The largest Sprout Social buyer in Q2 2022 was Wasatch Advisors, an estimated $67.2M added.
- The largest Sprout Social seller in Q2 2022 was Whale Rock Capital Management, an estimated $19.8M sold.
Based on aggregated 13F filings for Q2 2022.