SoundThinking
SSTI
62 hedge funds and large institutions have $228M invested in SoundThinking in 2018 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 11 closing their positions.
182% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 11
52% more capital invested
Capital invested by funds: $150M → $228M (+$78M)
48% more funds holding
Funds holding: 42 → 62 (+20)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
2.08% less ownership
Funds ownership: 58.54% → 56.45% (-2.1%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.1M |
| 2 |
GIM
Granahan Investment Management
Waltham,
Massachusetts
|
+$6.35M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$6.26M |
| 4 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$4.09M |
| 5 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
+$3.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRCM
Cat Rock Capital Management
Greenwich,
Connecticut
|
-$12M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
-$6.26M |
| 3 |
MFP
Michael F. Price
|
-$4.75M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
-$2.6M |
| 5 |
ROTUOC
Regents of the University of California
Oakland,
California
|
-$2.2M |
SSTI Hedge Fund Activity: Q2 2018 in Review
62 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in SoundThinking (SSTI) for Q2 2018, worth a combined $228M — up 52% from $150M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SSTI positions and 11 closed out — a net gain of 20 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was BlackRock, adding an estimated $11.1M. The largest seller was Cat Rock Capital Management, cutting an estimated $12M.
- 62 institutional investors held SoundThinking (SSTI) as of Q2 2018, up from 42 in Q1 2018.
- Funds reported $228M of SoundThinking stock for Q2 2018, up 52% quarter-over-quarter.
- 31 funds opened new SoundThinking positions in Q2 2018 and 11 closed out, a net change of +20 holders.
- The largest SoundThinking buyer in Q2 2018 was BlackRock, an estimated $11.1M added.
- The largest SoundThinking seller in Q2 2018 was Cat Rock Capital Management, an estimated $12M sold.
Based on aggregated 13F filings for Q2 2018.