SunPower Inc
SPWR
40 hedge funds and large institutions have $118M invested in SunPower Inc in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 39 closing their positions.
44% less funds holding
Funds holding: 71 → 40 (-31)
43.74% less ownership
Funds ownership: 76.85% → 33.11% (-44%)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
56% less capital invested
Capital invested by funds: $268M → $118M (-$150M)
79% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MSU
Mizuho Securities USA
New York
|
+$7.8M |
| 2 |
MC
Meteora Capital
Boca Raton,
Florida
|
+$7.58M |
| 3 |
BFM
Boothbay Fund Management
New York
|
+$4.13M |
| 4 |
SFM
Spartan Fund Management
Toronto, Ontario,
Canada
|
+$3.33M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCL
Glazer Capital LLC
New York
|
-$22.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$16.8M |
| 3 |
AC
Aristeia Capital
Greenwich,
Connecticut
|
-$16.7M |
| 4 |
PI
PEAK6 Investments
Chicago,
Illinois
|
-$15.8M |
| 5 |
Millennium Management
New York
|
-$14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
76
Landscape Capital Management
Englewood,
New Jersey
| – | -$131K | -12,977 | Closed |
|
77
Jane Street
New York
| – | -$116K | -11,479 | Closed |
|
|
VI
78
Vestcor Inc
Fredericton,
New Brunswick, Canada
| – | -$51K | -5,000 | Closed |
|
|
FIA
79
FNY Investment Advisers
New York
| – | -$2K | -200 | Closed |
|
SPWR Hedge Fund Activity: Q1 2023 in Review
40 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SunPower Inc (SPWR) for Q1 2023, worth a combined $118M — down 56% from $268M a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SPWR and 8 opened new positions — a net loss of 31 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was Mizuho Securities USA, adding an estimated $7.8M. The largest seller was Glazer Capital LLC, cutting an estimated $22.2M.
- 40 institutional investors held SunPower Inc (SPWR) as of Q1 2023, down from 71 in Q4 2022.
- Funds reported $118M of SunPower Inc stock for Q1 2023, down 56% quarter-over-quarter.
- 8 funds opened new SunPower Inc positions in Q1 2023 and 39 closed out, a net change of -31 holders.
- The largest SunPower Inc buyer in Q1 2023 was Mizuho Securities USA, an estimated $7.8M added.
- The largest SunPower Inc seller in Q1 2023 was Glazer Capital LLC, an estimated $22.2M sold.
Based on aggregated 13F filings for Q1 2023.