Sumo Logic, Inc. Common Stock
SUMO
SUMO was delisted on the 11th of May, 2023.
166 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, 65 increasing their positions, 36 reducing their positions, and 22 closing their positions.
312% more call options, than puts
Call options by funds: $3.22M | Put options by funds: $780K
81% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 36
33% more funds holding in top 10
Funds holding in top 10: 6 → 8 (+2)
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
2% more funds holding
Funds holding: 163 → 166 (+3)
35% less capital invested
Capital invested by funds: $953M → $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 |
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 |
SUMO Hedge Fund Activity: Q2 2022 in Review
166 of the 5,959 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 $953M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SUMO positions and 22 closed out — a net gain of 6 holders — while 65 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.
- 166 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 22 closed out, a net change of +6 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.