Silver Spring Networks, Inc.
SSNI
SSNI was delisted on the 5th of January, 2018.
111 hedge funds and large institutions have $449M invested in Silver Spring Networks, Inc. in 2017 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 36 reducing their positions, and 40 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 36
13% less capital invested
Capital invested by funds: $518M → $449M (-$68.7M)
15% less call options, than puts
Call options by funds: $1.25M | Put options by funds: $1.46M
22% less funds holding
Funds holding: 143 → 111 (-32)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
63% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$28.4M |
| 2 |
Neuberger Berman Group
New York
|
+$11M |
| 3 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
+$9.61M |
| 4 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$6.2M |
| 5 |
Bank of New York Mellon
New York
|
+$3.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$5.47M |
| 2 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$5.47M |
| 3 |
RA
Royce & Associates
New York
|
-$5.27M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
-$4.01M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$2.95M |
SSNI Hedge Fund Activity: Q1 2017 in Review
111 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Silver Spring Networks, Inc. (SSNI) for Q1 2017, worth a combined $449M — down 13% from $518M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of SSNI and 15 opened new positions — a net loss of 25 holders — while 36 trimmed existing stakes and 47 added.
The largest buyer was BlackRock, adding an estimated $28.4M. The largest seller was Gilder Gagnon Howe & Co, exiting entirely with an estimated $5.47M sold.
- 111 institutional investors held Silver Spring Networks, Inc. (SSNI) as of Q1 2017, down from 143 in Q4 2016.
- Funds reported $449M of Silver Spring Networks, Inc. stock for Q1 2017, down 13% quarter-over-quarter.
- 15 funds opened new Silver Spring Networks, Inc. positions in Q1 2017 and 40 closed out, a net change of -25 holders.
- The largest Silver Spring Networks, Inc. buyer in Q1 2017 was BlackRock, an estimated $28.4M added.
- The largest Silver Spring Networks, Inc. seller in Q1 2017 was Gilder Gagnon Howe & Co, an estimated $5.47M sold.
Based on aggregated 13F filings for Q1 2017.