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SurgePays

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.

New
Increased
Maintained
Reduced
Closed

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: 1730 (+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: 20 (-2)

Holders
30
Holders Change
+13
Holders Change %
+76.47%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
7
Reduced
1
Closed
3
Calls
$3.2M
Puts
$323K
Net Calls
+$2.87M
Net Calls Change
+$2.54M
Name Holding Trade Value Shares
Change
Change in
Stake
PP
1
Praetorian PR
Puerto Rico
$3.52M +$11.7K +1,969 +0.4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$3.24M +$90.9K +15,251 +4%
MA
3
MYDA Advisors
New York
$2.18M -$131K -22,000 -7%
EI
4
EAM Investors
California
$1.66M +$1.35M +226,482 New
Marshall Wace
5
Marshall Wace
United Kingdom
$1.08M +$878K +147,390 New
BCM
6
Bridgeway Capital Management
Texas
$827K +$60.8K +10,202 +10%
Geode Capital Management
7
Geode Capital Management
Massachusetts
$760K +$62.6K +10,506 +11%
Walleye Capital
8
Walleye Capital
New York
$572K +$466K +78,265 New
Renaissance Technologies
9
Renaissance Technologies
New York
$447K +$364K +61,100 New
TDC
10
Thompson Davis & Co
Virginia
$421K +$343K +57,580 New
Squarepoint
11
Squarepoint
New York
$397K +$323K +54,291 New
CCM
12
Corsair Capital Management
New York
$292K +$238K +40,000 New
State Street
13
State Street
Massachusetts
$222K
Goldman Sachs
14
Goldman Sachs
New York
$200K +$163K +27,319 New
William Blair & Company
15
William Blair & Company
Illinois
$192K
BlackRock
16
BlackRock
New York
$166K +$34.1K +5,721 +34%
Two Sigma Investments
17
Two Sigma Investments
New York
$110K +$89.9K +15,085 New
Northern Trust
18
Northern Trust
Illinois
$105K
JF
19
Jump Financial
Illinois
$105K +$85.2K +14,300 New
B
20
Bailard
California
$98K +$79.8K +13,400 New
Citadel Advisors
21
Citadel Advisors
Florida
$96.3K +$78.5K +13,174 New
CG
22
Cutler Group
California
$90K +$43.6K +7,321 +146%
Millennium Management
23
Millennium Management
New York
$85.8K +$69.9K +11,734 New
AFP
24
Ausdal Financial Partners
Iowa
$80.1K +$65.3K +10,962 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$78K +$63.1K +10,587 New

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.