Sumo Logic, Inc. Common Stock
SUMO
SUMO was delisted on the 11th of May, 2023.
176 hedge funds and large institutions have $1.1B invested in Sumo Logic, Inc. Common Stock in 2023 Q1 according to their latest regulatory filings, with 52 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 49 closing their positions.
116% more call options, than puts
Call options by funds: $4.37M | Put options by funds: $2.02M
67% more capital invested
Capital invested by funds: $656M → $1.1B (+$442M)
7.15% more ownership
Funds ownership: 67.53% → 74.67% (+7.1%)
6% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 49
1% more funds holding
Funds holding: 175 → 176 (+1)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIC
Water Island Capital
New York
|
+$42.2M |
| 2 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$31.6M |
| 3 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$17.7M |
| 4 |
Verition Fund Management
Greenwich,
Connecticut
|
+$16.7M |
| 5 |
Janus Henderson Group
London,
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$26.3M |
| 2 |
VCM
Vector Capital Management
San Francisco,
California
|
-$21.9M |
| 3 |
Millennium Management
New York
|
-$20M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$18.8M |
| 5 |
GCM
Glynn Capital Management
Menlo Park,
California
|
-$18.5M |
SUMO Hedge Fund Activity: Q1 2023 in Review
176 of the 6,284 institutional investors tracked by Wall St. Rank reported a position in Sumo Logic, Inc. Common Stock (SUMO) for Q1 2023, worth a combined $1.1B — up 67% from $656M a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new SUMO positions and 49 closed out — a net gain of 3 holders — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Water Island Capital, opening a new position worth an estimated $42.2M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $26.3M.
- 176 institutional investors held Sumo Logic, Inc. Common Stock (SUMO) as of Q1 2023, up from 175 in Q4 2022.
- Funds reported $1.1B of Sumo Logic, Inc. Common Stock stock for Q1 2023, up 67% quarter-over-quarter.
- 52 funds opened new Sumo Logic, Inc. Common Stock positions in Q1 2023 and 49 closed out, a net change of +3 holders.
- The largest Sumo Logic, Inc. Common Stock buyer in Q1 2023 was Water Island Capital, an estimated $42.2M added.
- The largest Sumo Logic, Inc. Common Stock seller in Q1 2023 was ArrowMark Colorado Holdings, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2023.