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SurgePays

32 hedge funds and large institutions have $5.78M invested in SurgePays in 2024 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

71% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 7

70% more call options, than puts

Call options by funds: $823K | Put options by funds: $483K

0.82% less ownership

Funds ownership: 10.16%9.34% (-0.82%)

3% less funds holding

Funds holding: 3332 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

23% less capital invested

Capital invested by funds: $7.55M → $5.78M (-$1.77M)

Holders
32
Holders Change
-1
Holders Change %
-3.03%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
12
Reduced
7
Closed
8
Calls
$823K
Puts
$483K
Net Calls
+$340K
Net Calls Change
+$195K
Name Holding Trade Value Shares
Change
Change in
Stake
RWMG
26
Redwood Wealth Management Group
New Jersey
$7.97K +$9.45K +2,500 New
TRCT
27
Tower Research Capital (TRC)
New York
$7.77K +$8.98K +2,376 +4,027%
Morgan Stanley
28
Morgan Stanley
New York
$3.19K -$29.1K -7,700 -89%
FNWA
29
Financial Network Wealth Advisors
Utah
$3.19K +$3.78K +1,000 New
Lazard Asset Management
30
Lazard Asset Management
New York
$1K +$2.2K +582 New
Wells Fargo
31
Wells Fargo
California
$638 -$329 -87 -30%
Bank of America
32
Bank of America
North Carolina
$335 +$397 +105 New
MA
33
MYDA Advisors
New York
-$277K -72,000 Closed
Susquehanna International Group
34
Susquehanna International Group
Pennsylvania
-$265K -70,199 Closed
Jane Street
35
Jane Street
New York
-$164K -42,491 Closed
GCP
36
GSA Capital Partners
United Kingdom
-$141K -36,529 Closed
JP Morgan Chase
37
JP Morgan Chase
New York
-$86.6K -22,500 Closed
TAM
38
Tucker Asset Management
Colorado
-$42.2K -10,952 Closed
Citadel Advisors
39
Citadel Advisors
Florida
-$13.4K -3,558 Closed
Qube Research & Technologies (QRT)
40
Qube Research & Technologies (QRT)
United Kingdom
-$9.12K -2,368 Closed

SURG Hedge Fund Activity: Q2 2024 in Review

32 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in SurgePays (SURG) for Q2 2024, worth a combined $5.78M — down 23% from $7.55M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of SURG and 7 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 12 added.

The largest buyer was Vanguard Group, adding an estimated $98.1K. The largest seller was MYDA Advisors, exiting entirely with an estimated $277K sold.

  • 32 institutional investors held SurgePays (SURG) as of Q2 2024, down from 33 in Q1 2024.
  • Funds reported $5.78M of SurgePays stock for Q2 2024, down 23% quarter-over-quarter.
  • 7 funds opened new SurgePays positions in Q2 2024 and 8 closed out, a net change of -1 holder.
  • The largest SurgePays buyer in Q2 2024 was Vanguard Group, an estimated $98.1K added.
  • The largest SurgePays seller in Q2 2024 was MYDA Advisors, an estimated $277K sold.

Based on aggregated 13F filings for Q2 2024.