SoundThinking
SSTI
75 hedge funds and large institutions have $173M invested in SoundThinking in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 18 reducing their positions, and 27 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 18
0.52% more ownership
Funds ownership: 64.18% → 64.7% (+0.52%)
19% less funds holding
Funds holding: 93 → 75 (-18)
33% less call options, than puts
Call options by funds: $4K | Put options by funds: $6K
44% less capital invested
Capital invested by funds: $309M → $173M (-$136M)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
67% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$9.06M |
| 2 |
NTCM
Nine Ten Capital Management
Chicago,
Illinois
|
+$2.99M |
| 3 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$2.71M |
| 4 |
PCM
Portolan Capital Management
Boston,
Massachusetts
|
+$1.57M |
| 5 |
RHJA
Rice Hall James & Associates
San Diego,
California
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$6.12M |
| 2 |
Russell Investments Group
London,
United Kingdom
|
-$4.76M |
| 3 |
AIC
AWM Investment Company
New York
|
-$4.22M |
| 4 |
GIPM
G2 Investment Partners Management
New York
|
-$3.74M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$2.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
C
101
Covestor
London,
United Kingdom
| – | +$52 | +2 | +18% |
|
102
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | +$471 | +18 | New |
|
SSTI Hedge Fund Activity: Q2 2023 in Review
75 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in SoundThinking (SSTI) for Q2 2023, worth a combined $173M — down 44% from $309M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of SSTI and 9 opened new positions — a net loss of 18 holders — while 18 trimmed existing stakes and 34 added.
The largest buyer was Bares Capital Management, adding an estimated $9.06M. The largest seller was Next Century Growth Investors, exiting entirely with an estimated $6.12M sold.
- 75 institutional investors held SoundThinking (SSTI) as of Q2 2023, down from 93 in Q1 2023.
- Funds reported $173M of SoundThinking stock for Q2 2023, down 44% quarter-over-quarter.
- 9 funds opened new SoundThinking positions in Q2 2023 and 27 closed out, a net change of -18 holders.
- The largest SoundThinking buyer in Q2 2023 was Bares Capital Management, an estimated $9.06M added.
- The largest SoundThinking seller in Q2 2023 was Next Century Growth Investors, an estimated $6.12M sold.
Based on aggregated 13F filings for Q2 2023.