SoundThinking
SSTI
93 hedge funds and large institutions have $309M invested in SoundThinking in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 34 increasing their positions, 28 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
21% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 28
20% more capital invested
Capital invested by funds: $258M → $309M (+$51.1M)
6% more funds holding
Funds holding: 88 → 93 (+5)
1.65% more ownership
Funds ownership: 62.53% → 64.18% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
31% less call options, than puts
Call options by funds: $79K | Put options by funds: $114K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bares Capital Management
Austin,
Texas
|
+$8.9M |
| 2 |
GIPM
G2 Investment Partners Management
New York
|
+$1.1M |
| 3 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
+$1.05M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$513K |
| 5 |
FDCC
Foster Dykema Cabot & Co
Waltham,
Massachusetts
|
+$477K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$2.19M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$1.94M |
| 3 |
Millennium Management
New York
|
-$1.93M |
| 4 |
ER
EVR Research
Richmond,
Virginia
|
-$1.08M |
| 5 |
MMC
Mainsail Management Company
Austin,
Texas
|
-$722K |
SSTI Hedge Fund Activity: Q1 2023 in Review
93 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in SoundThinking (SSTI) for Q1 2023, worth a combined $309M — up 20% from $258M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SSTI positions and 5 closed out — a net gain of 5 holders — while 34 added to existing stakes and 28 trimmed.
The largest buyer was Bares Capital Management, opening a new position worth an estimated $8.9M. The largest seller was Federated Hermes, cutting an estimated $2.19M.
- 93 institutional investors held SoundThinking (SSTI) as of Q1 2023, up from 88 in Q4 2022.
- Funds reported $309M of SoundThinking stock for Q1 2023, up 20% quarter-over-quarter.
- 10 funds opened new SoundThinking positions in Q1 2023 and 5 closed out, a net change of +5 holders.
- The largest SoundThinking buyer in Q1 2023 was Bares Capital Management, an estimated $8.9M added.
- The largest SoundThinking seller in Q1 2023 was Federated Hermes, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2023.