Sportradar
SRAD
68 hedge funds and large institutions have $2.14B invested in Sportradar in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 7 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 12
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
15% more capital invested
Capital invested by funds: $1.86B → $2.14B (+$275M)
6% more funds holding
Funds holding: 64 → 68 (+4)
2.67% more ownership
Funds ownership: 77.46% → 80.13% (+2.7%)
5% more call options, than puts
Call options by funds: $776K | Put options by funds: $741K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1WCM
12 West Capital Management
New York
|
+$32.9M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$11.9M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$9.03M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
+$7.47M |
| 5 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
+$3.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$2.94M |
| 2 |
JP Morgan Chase
New York
|
-$776K |
| 3 |
GCM
Graham Capital Management
Rowayton,
Connecticut
|
-$690K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$662K |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$573K |
SRAD Hedge Fund Activity: Q2 2023 in Review
68 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sportradar (SRAD) for Q2 2023, worth a combined $2.14B — up 15% from $1.86B a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new SRAD positions and 7 closed out — a net gain of 5 holders — while 28 added to existing stakes and 12 trimmed.
The largest buyer was 12 West Capital Management, opening a new position worth an estimated $32.9M. The largest seller was Millennium Management, cutting an estimated $2.94M.
- 68 institutional investors held Sportradar (SRAD) as of Q2 2023, up from 64 in Q1 2023.
- Funds reported $2.14B of Sportradar stock for Q2 2023, up 15% quarter-over-quarter.
- 12 funds opened new Sportradar positions in Q2 2023 and 7 closed out, a net change of +5 holders.
- The largest Sportradar buyer in Q2 2023 was 12 West Capital Management, an estimated $32.9M added.
- The largest Sportradar seller in Q2 2023 was Millennium Management, an estimated $2.94M sold.
Based on aggregated 13F filings for Q2 2023.