SurgePays
SURG
25 hedge funds and large institutions have $14M invested in SurgePays in 2022 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 9 closing their positions.
203% more capital invested
Capital invested by funds: $4.63M → $14M (+$9.41M)
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
76% more call options, than puts
Call options by funds: $2.71M | Put options by funds: $1.54M
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
8.88% more ownership
Funds ownership: 8.2% → 17.08% (+8.9%)
9% more funds holding
Funds holding: 23 → 25 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
MYDA Advisors
Woodmere,
New York
|
+$2.77M |
| 2 |
CS
Clear Street
New York
|
+$706K |
| 3 |
DC
Diametric Capital
Boston,
Massachusetts
|
+$209K |
| 4 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$121K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$78K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RI
Ridgewood Investments
Springfield,
New Jersey
|
-$221K |
| 2 |
Jane Street
New York
|
-$147K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$136K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$72K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
-$64.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RI
26
Ridgewood Investments
Springfield,
New Jersey
| – | -$221K | -48,510 | Closed |
|
|
27
Jane Street
New York
| – | -$147K | -32,329 | Closed |
|
|
28
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$136K | -29,915 | Closed |
|
|
29
Marshall Wace
London,
United Kingdom
| – | -$72K | -15,829 | Closed |
|
|
HF
30
HRT Financial
New York
| – | -$56K | -12,394 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$24K | -5,274 | Closed |
|
|
CG
32
Cutler Group
San Francisco,
California
| – | -$1.21K | -200 | Closed |
|
33
Barclays
London,
United Kingdom
| – | -$1K | -147 | Closed |
|
SURG Hedge Fund Activity: Q4 2022 in Review
25 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in SurgePays (SURG) for Q4 2022, worth a combined $14M — up 203% from $4.63M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SURG positions and 9 closed out — a net gain of 2 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was MYDA Advisors, opening a new position worth an estimated $2.77M. The largest seller was Ridgewood Investments, exiting entirely with an estimated $221K sold.
- 25 institutional investors held SurgePays (SURG) as of Q4 2022, up from 23 in Q3 2022.
- Funds reported $14M of SurgePays stock for Q4 2022, up 203% quarter-over-quarter.
- 11 funds opened new SurgePays positions in Q4 2022 and 9 closed out, a net change of +2 holders.
- The largest SurgePays buyer in Q4 2022 was MYDA Advisors, an estimated $2.77M added.
- The largest SurgePays seller in Q4 2022 was Ridgewood Investments, an estimated $221K sold.
Based on aggregated 13F filings for Q4 2022.