Sprout Social
SPT
222 hedge funds and large institutions have $1.93B invested in Sprout Social in 2024 Q2 according to their latest regulatory filings, with 42 funds opening new positions, 87 increasing their positions, 69 reducing their positions, and 70 closing their positions.
225% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $5.14M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 69
7.41% less ownership
Funds ownership: 115.83% → 108.42% (-7.4%)
12% less funds holding
Funds holding: 253 → 222 (-31)
40% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 70
44% less capital invested
Capital invested by funds: $3.42B → $1.93B (-$1.49B)
Top Buyers
| 1 |
CCM
Cadian Capital Management
New York
|
+$119M |
| 2 |
DAM
Dorsey Asset Management
Chicago,
Illinois
|
+$69.5M |
| 3 |
Morgan Stanley
New York
|
+$33.7M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$20.8M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.1M |
Top Sellers
| 1 |
Invesco
Atlanta,
Georgia
|
-$82.5M |
| 2 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$57.1M |
| 3 |
DDC
DF Dent & Co
Baltimore,
Maryland
|
-$56.7M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$49.1M |
| 5 |
Brown Advisory
Baltimore,
Maryland
|
-$41.6M |
SPT Hedge Fund Activity: Q2 2024 in Review
222 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sprout Social (SPT) for Q2 2024, worth a combined $1.93B — down 44% from $3.42B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of SPT and 42 opened new positions — a net loss of 28 holders — while 69 trimmed existing stakes and 87 added.
The largest buyer was Cadian Capital Management, opening a new position worth an estimated $119M. The largest seller was Invesco, cutting an estimated $82.5M.
- 222 institutional investors held Sprout Social (SPT) as of Q2 2024, down from 253 in Q1 2024.
- Funds reported $1.93B of Sprout Social stock for Q2 2024, down 44% quarter-over-quarter.
- 42 funds opened new Sprout Social positions in Q2 2024 and 70 closed out, a net change of -28 holders.
- The largest Sprout Social buyer in Q2 2024 was Cadian Capital Management, an estimated $119M added.
- The largest Sprout Social seller in Q2 2024 was Invesco, an estimated $82.5M sold.
Based on aggregated 13F filings for Q2 2024.