SunPower Inc
SPWR
32 hedge funds and large institutions have $104M invested in SunPower Inc in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 13 closing their positions.
4.57% less ownership
Funds ownership: 33.11% → 28.53% (-4.6%)
20% less funds holding
Funds holding: 40 → 32 (-8)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
41% less capital inflows, than outflows
Capital inflows: $22.8M | Capital outflows: $38.9M
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fir Tree Capital Management
New York
|
+$7.44M |
| 2 |
PCR
Potrero Capital Research
San Francisco,
California
|
+$5.69M |
| 3 |
Atlas Merchant Capital
New York
|
+$2.61M |
| 4 |
W.R. Berkley Corp
Greenwich,
Connecticut
|
+$2.3M |
| 5 |
Cowen and Company
New York
|
+$1.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mizuho Securities USA
New York
|
-$8.02M |
| 2 |
Meteora Capital
Boca Raton,
Florida
|
-$8.01M |
| 3 |
Boothbay Fund Management
New York
|
-$4.17M |
| 4 |
Glazer Capital LLC
New York
|
-$4.08M |
| 5 |
First Trust Capital Management
Chicago,
Illinois
|
-$3.23M |
SPWR Hedge Fund Activity: Q2 2023 in Review
32 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in SunPower Inc (SPWR) for Q2 2023, worth a combined $104M — down 11% from $118M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SPWR and 5 opened new positions — a net loss of 8 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Fir Tree Capital Management, adding an estimated $7.44M. The largest seller was Mizuho Securities USA, exiting entirely with an estimated $8.02M sold.
- 32 institutional investors held SunPower Inc (SPWR) as of Q2 2023, down from 40 in Q1 2023.
- Funds reported $104M of SunPower Inc stock for Q2 2023, down 11% quarter-over-quarter.
- 5 funds opened new SunPower Inc positions in Q2 2023 and 13 closed out, a net change of -8 holders.
- The largest SunPower Inc buyer in Q2 2023 was Fir Tree Capital Management, an estimated $7.44M added.
- The largest SunPower Inc seller in Q2 2023 was Mizuho Securities USA, an estimated $8.02M sold.
Based on aggregated 13F filings for Q2 2023.