Surf Air Mobility
SRFM
27 hedge funds and large institutions have $12.2M invested in Surf Air Mobility in 2023 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
13% more funds holding
Funds holding: 24 → 27 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.48% less ownership
Funds ownership: 2.01% → 1.53% (-0.48%)
23% less capital invested
Capital invested by funds: $15.9M → $12.2M (-$3.69M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$231K |
| 2 |
BlackRock
New York
|
+$145K |
| 3 |
State Street
Boston,
Massachusetts
|
+$118K |
| 4 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$115K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IVMX
Institutional Venture Management XV
Menlo Park,
California
|
-$285K |
| 2 |
NMC
NEA Management Company
Timonium,
Maryland
|
-$253K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$64.9K |
| 4 |
VF
Virtu Financial
New York
|
-$60K |
| 5 |
Renaissance Technologies
New York
|
-$51K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWS
26
Glassman Wealth Services
Vienna,
Virginia
| $23 | – | – | – |
|
|
TSS
27
Two Sigma Securities
New York
| – | -$64.9K | -5,691 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$60K | -5,265 | Closed |
|
|
29
Renaissance Technologies
New York
| – | -$51K | -4,457 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$305 | +38 | New |
|
SRFM Hedge Fund Activity: Q4 2023 in Review
27 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Surf Air Mobility (SRFM) for Q4 2023, worth a combined $12.2M — down 23% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SRFM positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $231K. The largest seller was Institutional Venture Management XV, cutting an estimated $285K.
- 27 institutional investors held Surf Air Mobility (SRFM) as of Q4 2023, up from 24 in Q3 2023.
- Funds reported $12.2M of Surf Air Mobility stock for Q4 2023, down 23% quarter-over-quarter.
- 7 funds opened new Surf Air Mobility positions in Q4 2023 and 3 closed out, a net change of +4 holders.
- The largest Surf Air Mobility buyer in Q4 2023 was Morgan Stanley, an estimated $231K added.
- The largest Surf Air Mobility seller in Q4 2023 was Institutional Venture Management XV, an estimated $285K sold.
Based on aggregated 13F filings for Q4 2023.