SurgePays
SURG
33 hedge funds and large institutions have $7.55M invested in SurgePays in 2024 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 15 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
10% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $1.43M
0.75% more ownership
Funds ownership: 9.41% → 10.16% (+0.75%)
0% more funds holding
Funds holding: 33 → 33 (0)
0% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 15
13% less capital invested
Capital invested by funds: $8.64M → $7.55M (-$1.09M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCC
Cable Car Capital
San Francisco,
California
|
+$2.67M |
| 2 |
Bank of New York Mellon
New York
|
+$834K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$514K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$468K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$587K |
| 2 |
MA
MYDA Advisors
Woodmere,
New York
|
-$430K |
| 3 |
Renaissance Technologies
New York
|
-$314K |
| 4 |
Squarepoint
New York
|
-$289K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$283K |
SURG Hedge Fund Activity: Q1 2024 in Review
33 of the 6,959 institutional investors tracked by Wall St. Rank reported a position in SurgePays (SURG) for Q1 2024, worth a combined $7.55M — down 13% from $8.64M a quarter earlier.
Fund positioning in SURG was balanced in Q1 2024: 15 funds opened new positions, 15 closed out, 14 added to existing stakes and 4 trimmed.
The largest buyer was Cable Car Capital, opening a new position worth an estimated $2.67M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $587K sold.
- 33 institutional investors held SurgePays (SURG) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $7.55M of SurgePays stock for Q1 2024, down 13% quarter-over-quarter.
- 15 funds opened new SurgePays positions in Q1 2024 and 15 closed out, a net change of 0 holders.
- The largest SurgePays buyer in Q1 2024 was Cable Car Capital, an estimated $2.67M added.
- The largest SurgePays seller in Q1 2024 was Bridgeway Capital Management, an estimated $587K sold.
Based on aggregated 13F filings for Q1 2024.