SurgePays
SURG
30 hedge funds and large institutions have $17.1M invested in SurgePays in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 3 closing their positions.
889% more call options, than puts
Call options by funds: $3.2M | Put options by funds: $323K
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
77% more capital invested
Capital invested by funds: $9.62M → $17.1M (+$7.44M)
76% more funds holding
Funds holding: 17 → 30 (+13)
0.99% more ownership
Funds ownership: 15.49% → 16.48% (+0.99%)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EI
EAM Investors
Solana Beach,
California
|
+$1.35M |
| 2 |
Marshall Wace
London,
United Kingdom
|
+$878K |
| 3 |
Walleye Capital
New York
|
+$466K |
| 4 |
Renaissance Technologies
New York
|
+$364K |
| 5 |
TDC
Thompson Davis & Co
Richmond,
Virginia
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Clear Street
New York
|
-$534K |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
-$131K |
| 3 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$89.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$9.21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $26.3K | – | – | – |
|
27
Wells Fargo
San Francisco,
California
| $7.79K | +$5.97K | +1,002 | +1,566% |
|
28
Morgan Stanley
New York
| $2.92K | – | – | – |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$1.01K | +170 | New |
|
30
Bank of America
Charlotte,
North Carolina
| $7 | +$6 | +1 | New |
|
|
CS
31
Clear Street
New York
| – | -$534K | -119,000 | Closed |
|
|
KCM
32
Kennedy Capital Management
St Louis,
Missouri
| – | -$89.8K | -19,990 | Closed |
|
|
33
UBS Group
Zurich,
Switzerland
| – | -$9.21K | -2,051 | Closed |
|
SURG Hedge Fund Activity: Q2 2023 in Review
30 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in SurgePays (SURG) for Q2 2023, worth a combined $17.1M — up 77% from $9.62M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new SURG positions and 3 closed out — a net gain of 14 holders — while 7 added to existing stakes and 1 trimmed.
The largest buyer was EAM Investors, opening a new position worth an estimated $1.35M. The largest seller was Clear Street, exiting entirely with an estimated $534K sold.
- 30 institutional investors held SurgePays (SURG) as of Q2 2023, up from 17 in Q1 2023.
- Funds reported $17.1M of SurgePays stock for Q2 2023, up 77% quarter-over-quarter.
- 17 funds opened new SurgePays positions in Q2 2023 and 3 closed out, a net change of +14 holders.
- The largest SurgePays buyer in Q2 2023 was EAM Investors, an estimated $1.35M added.
- The largest SurgePays seller in Q2 2023 was Clear Street, an estimated $534K sold.
Based on aggregated 13F filings for Q2 2023.