Sportradar
SRAD
60 hedge funds and large institutions have $1.75B invested in Sportradar in 2022 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 18 closing their positions.
17% more capital invested
Capital invested by funds: $1.5B → $1.75B (+$254M)
12% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $1.27M
2.74% more ownership
Funds ownership: 82.49% → 85.23% (+2.7%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
6% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 18
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
2% less funds holding
Funds holding: 61 → 60 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCMI
Technology Crossover Management IX
Menlo Park,
California
|
+$56.6M |
| 2 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$32.9M |
| 3 |
SBLIC
Security Benefit Life Insurance Company
Topeka,
Kansas
|
+$27.1M |
| 4 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$10.9M |
| 5 |
Millennium Management
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SHIM
Spruce House Investment Management
New York
|
-$30.8M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$30.5M |
| 3 |
DCP
Durable Capital Partners
Bethesda,
Maryland
|
-$5.38M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.59M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.62M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
BNP Paribas Financial Markets
Paris,
France
| – | -$11.4K | -1,300 | Closed |
|
|
CG
77
Cutler Group
San Francisco,
California
| – | -$1K | -151 | Closed |
|
SRAD Hedge Fund Activity: Q4 2022 in Review
60 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Sportradar (SRAD) for Q4 2022, worth a combined $1.75B — up 17% from $1.5B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SRAD and 17 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 16 added.
The largest buyer was Technology Crossover Management IX, adding an estimated $56.6M. The largest seller was Spruce House Investment Management, exiting entirely with an estimated $30.8M sold.
- 60 institutional investors held Sportradar (SRAD) as of Q4 2022, down from 61 in Q3 2022.
- Funds reported $1.75B of Sportradar stock for Q4 2022, up 17% quarter-over-quarter.
- 17 funds opened new Sportradar positions in Q4 2022 and 18 closed out, a net change of -1 holder.
- The largest Sportradar buyer in Q4 2022 was Technology Crossover Management IX, an estimated $56.6M added.
- The largest Sportradar seller in Q4 2022 was Spruce House Investment Management, an estimated $30.8M sold.
Based on aggregated 13F filings for Q4 2022.