Sprout Social
SPT
253 hedge funds and large institutions have $3.42B invested in Sprout Social in 2024 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 97 increasing their positions, 88 reducing their positions, and 36 closing their positions.
86% more call options, than puts
Call options by funds: $20.7M | Put options by funds: $11.2M
10% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 88
3% less funds holding
Funds holding: 261 → 253 (-8)
5.16% less ownership
Funds ownership: 120.99% → 115.83% (-5.2%)
6% less capital invested
Capital invested by funds: $3.63B → $3.42B (-$211M)
14% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 36
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$42.3M |
| 2 |
JCAM
Jericho Capital Asset Management
New York
|
+$22.7M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$22.5M |
| 4 |
Jennison Associates
New York
|
+$18.9M |
| 5 |
JGC
J. Goldman & Co
New York
|
+$16.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$80.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$46.4M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$28.1M |
| 4 |
Millennium Management
New York
|
-$25.8M |
| 5 |
GIP
Granite Investment Partners
El Segundo,
California
|
-$21.3M |
SPT Hedge Fund Activity: Q1 2024 in Review
253 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q1 2024, worth a combined $3.42B — down 5.8% from $3.63B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SPT and 31 opened new positions — a net loss of 5 holders — while 88 trimmed existing stakes and 97 added.
The largest buyer was Brown Advisory, opening a new position worth an estimated $42.3M. The largest seller was Morgan Stanley, cutting an estimated $80.7M.
- 253 institutional investors held Sprout Social (SPT) as of Q1 2024, down from 261 in Q4 2023.
- Funds reported $3.42B of Sprout Social stock for Q1 2024, down 5.8% quarter-over-quarter.
- 31 funds opened new Sprout Social positions in Q1 2024 and 36 closed out, a net change of -5 holders.
- The largest Sprout Social buyer in Q1 2024 was Brown Advisory, an estimated $42.3M added.
- The largest Sprout Social seller in Q1 2024 was Morgan Stanley, an estimated $80.7M sold.
Based on aggregated 13F filings for Q1 2024.