SurgePays
SURG
27 hedge funds and large institutions have $3.46M invested in SurgePays in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 9 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
13% more call options, than puts
Call options by funds: $52K | Put options by funds: $46K
0.19% more ownership
Funds ownership: 9.34% → 9.53% (+0.19%)
16% less funds holding
Funds holding: 32 → 27 (-5)
40% less capital invested
Capital invested by funds: $5.78M → $3.46M (-$2.31M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCC
Cable Car Capital
San Francisco,
California
|
+$261K |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$126K |
| 3 |
Renaissance Technologies
New York
|
+$45.8K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$43.8K |
| 5 |
RA
Royce & Associates
New York
|
+$42.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$259K |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$111K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$84K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$77.5K |
| 5 |
PFM
Privium Fund Management
Amsterdam,
Netherlands
|
-$53K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $368 | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $201 | +$9 | +4 | +4% |
|
|
28
IMC Chicago
Chicago,
Illinois
| – | -$259K | -81,231 | Closed |
|
|
29
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$111K | -36,000 | Closed |
|
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$84K | -26,160 | Closed |
|
|
31
Dimensional Fund Advisors
Austin,
Texas
| – | -$77.5K | -24,331 | Closed |
|
|
PFM
32
Privium Fund Management
Amsterdam,
Netherlands
| – | -$53K | -17,000 | Closed |
|
33
Osaic Holdings
Scottsdale,
Arizona
| – | -$53K | -16,625 | Closed |
|
34
Millennium Management
New York
| – | -$34.8K | -10,920 | Closed |
|
|
RWMG
35
Redwood Wealth Management Group
Medford,
New Jersey
| – | -$7.97K | -2,500 | Closed |
|
36
Lazard Asset Management
New York
| – | -$1K | -582 | Closed |
|
SURG Hedge Fund Activity: Q3 2024 in Review
27 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in SurgePays (SURG) for Q3 2024, worth a combined $3.46M — down 40% from $5.78M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SURG and 4 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Cable Car Capital, adding an estimated $261K. The largest seller was IMC Chicago, exiting entirely with an estimated $259K sold.
- 27 institutional investors held SurgePays (SURG) as of Q3 2024, down from 32 in Q2 2024.
- Funds reported $3.46M of SurgePays stock for Q3 2024, down 40% quarter-over-quarter.
- 4 funds opened new SurgePays positions in Q3 2024 and 9 closed out, a net change of -5 holders.
- The largest SurgePays buyer in Q3 2024 was Cable Car Capital, an estimated $261K added.
- The largest SurgePays seller in Q3 2024 was IMC Chicago, an estimated $259K sold.
Based on aggregated 13F filings for Q3 2024.