Sumo Logic, Inc. Common Stock
SUMO
SUMO was delisted on the 11th of May, 2023.
167 hedge funds and large institutions have $624M invested in Sumo Logic, Inc. Common Stock in 2022 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 66 increasing their positions, 36 reducing their positions, and 21 closing their positions.
88% more call options, than puts
Call options by funds: $3.22M | Put options by funds: $1.71M
83% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 36
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
2% more funds holding
Funds holding: 163 → 167 (+4)
35% less capital invested
Capital invested by funds: $954M → $624M (-$330M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.8M |
| 2 |
Renaissance Technologies
New York
|
+$13.1M |
| 3 |
BlackRock
New York
|
+$9M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
+$7.08M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
-$48.5M |
| 2 |
Tiger Global Management
New York
|
-$22.5M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$12M |
| 4 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$8.17M |
| 5 |
WHP
Washington Harbour Partners
Arlington,
Virginia
|
-$5.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
STA
176
Summit Trail Advisors
New York
| – | -$228K | -19,507 | Closed |
|
177
ProShare Advisors
Bethesda,
Maryland
| – | -$195K | -16,669 | Closed |
|
178
Franklin Resources
San Mateo,
California
| – | -$178K | -15,284 | Closed |
|
|
CM
179
Caption Management
Oklahoma City,
Oklahoma
| – | -$131K | -15,000 | Closed |
|
|
WP
180
WealthShield Partners
Cary,
North Carolina
| – | -$147K | -12,583 | Closed |
|
181
Simplex Trading
Chicago,
Illinois
| – | -$36.7K | -4,191 | Closed |
|
182
Walleye Trading
New York
| – | -$38K | -3,254 | Closed |
|
|
AWA
183
Aaron Wealth Advisors
Chicago,
Illinois
| – | -$242K | -2,824 | Closed |
|
|
EWA
184
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$2K | -201 | Closed |
|
|
PA
185
Parallel Advisors
San Francisco,
California
| – | -$912 | -104 | -75% |
|
|
C
186
Covestor
London,
United Kingdom
| – | -$44 | -5 | -19% |
|
SUMO Hedge Fund Activity: Q2 2022 in Review
167 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Sumo Logic, Inc. Common Stock (SUMO) for Q2 2022, worth a combined $624M — down 35% from $954M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SUMO positions and 21 closed out — a net gain of 7 holders — while 66 added to existing stakes and 36 trimmed.
The largest buyer was Millennium Management, adding an estimated $15.8M. The largest seller was Champlain Investment Partners, exiting entirely with an estimated $48.5M sold.
- 167 institutional investors held Sumo Logic, Inc. Common Stock (SUMO) as of Q2 2022, up from 163 in Q1 2022.
- Funds reported $624M of Sumo Logic, Inc. Common Stock stock for Q2 2022, down 35% quarter-over-quarter.
- 28 funds opened new Sumo Logic, Inc. Common Stock positions in Q2 2022 and 21 closed out, a net change of +7 holders.
- The largest Sumo Logic, Inc. Common Stock buyer in Q2 2022 was Millennium Management, an estimated $15.8M added.
- The largest Sumo Logic, Inc. Common Stock seller in Q2 2022 was Champlain Investment Partners, an estimated $48.5M sold.
Based on aggregated 13F filings for Q2 2022.