Sunlight Financial Holdings, Inc.
SUNL
SUNL was delisted on the 25th of September, 2023.
60 hedge funds and large institutions have $19.8M invested in Sunlight Financial Holdings, Inc. in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 13 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.66% less ownership
Funds ownership: 79.32% → 77.65% (-1.7%)
14% less funds holding
Funds holding: 70 → 60 (-10)
76% less capital invested
Capital invested by funds: $83.9M → $19.8M (-$64.1M)
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$1.23M |
| 2 |
Neuberger Berman Group
New York
|
+$573K |
| 3 |
BlackRock
New York
|
+$399K |
| 4 |
JP Morgan Chase
New York
|
+$54.3K |
| 5 |
D.E. Shaw & Co
New York
|
+$40.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PRCP
Pacific Ridge Capital Partners
Lake Oswego,
Oregon
|
-$1.04M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$538K |
| 3 |
Millennium Management
New York
|
-$432K |
| 4 |
HF
HRT Financial
New York
|
-$345K |
| 5 |
Jane Street
New York
|
-$320K |
SUNL Hedge Fund Activity: Q1 2023 in Review
60 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sunlight Financial Holdings, Inc. (SUNL) for Q1 2023, worth a combined $19.8M — down 76% from $83.9M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SUNL and 3 opened new positions — a net loss of 10 holders — while 19 trimmed existing stakes and 22 added.
The largest buyer was AllianceBernstein, adding an estimated $1.23M. The largest seller was Pacific Ridge Capital Partners, exiting entirely with an estimated $1.04M sold.
- 60 institutional investors held Sunlight Financial Holdings, Inc. (SUNL) as of Q1 2023, down from 70 in Q4 2022.
- Funds reported $19.8M of Sunlight Financial Holdings, Inc. stock for Q1 2023, down 76% quarter-over-quarter.
- 3 funds opened new Sunlight Financial Holdings, Inc. positions in Q1 2023 and 13 closed out, a net change of -10 holders.
- The largest Sunlight Financial Holdings, Inc. buyer in Q1 2023 was AllianceBernstein, an estimated $1.23M added.
- The largest Sunlight Financial Holdings, Inc. seller in Q1 2023 was Pacific Ridge Capital Partners, an estimated $1.04M sold.
Based on aggregated 13F filings for Q1 2023.