Sequans Communications SA
SQNS
38 hedge funds and large institutions have $112M invested in Sequans Communications SA in 2023 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 14 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
32% more capital invested
Capital invested by funds: $84.3M → $112M (+$27.4M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
9% more funds holding
Funds holding: 35 → 38 (+3)
0.03% more ownership
Funds ownership: 0.78% → 0.81% (+0.03%)
9% less call options, than puts
Call options by funds: $31K | Put options by funds: $34K
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
2C
272 Capital
Dallas,
Texas
|
+$5.55M |
| 2 |
CM
Crystalline Management
Montreal, Quebec,
Canada
|
+$947K |
| 3 |
AI
Arena Investors
Purchase,
New York
|
+$887K |
| 4 |
PCM
PenderFund Capital Management
Vancouver,
British Columbia, Canada
|
+$650K |
| 5 |
GF
Gabelli Funds
Rye,
New York
|
+$599K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Potomac Capital Management
New York
|
-$2.71M |
| 2 |
YCM
Yiheng Capital Management
San Francisco,
California
|
-$1.3M |
| 3 |
AIC
AWM Investment Company
New York
|
-$880K |
| 4 |
DnB Asset Management
Oslo,
Norway
|
-$566K |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
-$318K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$265 | -5 | Closed |
|
|
CFS
52
CGC Financial Services
Lake Oswego,
Oregon
| – | -$223 | -4 | Closed |
|
SQNS Hedge Fund Activity: Q3 2023 in Review
38 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Sequans Communications SA (SQNS) for Q3 2023, worth a combined $112M — up 32% from $84.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SQNS positions and 14 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was 272 Capital, adding an estimated $5.55M. The largest seller was Potomac Capital Management, exiting entirely with an estimated $2.71M sold.
- 38 institutional investors held Sequans Communications SA (SQNS) as of Q3 2023, up from 35 in Q2 2023.
- Funds reported $112M of Sequans Communications SA stock for Q3 2023, up 32% quarter-over-quarter.
- 17 funds opened new Sequans Communications SA positions in Q3 2023 and 14 closed out, a net change of +3 holders.
- The largest Sequans Communications SA buyer in Q3 2023 was 272 Capital, an estimated $5.55M added.
- The largest Sequans Communications SA seller in Q3 2023 was Potomac Capital Management, an estimated $2.71M sold.
Based on aggregated 13F filings for Q3 2023.