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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
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.7M +$98.1K +25,974 +5%
CCC
2
Cable Car Capital
California
$1.28M
Geode Capital Management
3
Geode Capital Management
Massachusetts
$424K +$56.1K +14,848 +13%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$399K
IMC Chicago
5
IMC Chicago
Illinois
$259K +$89.9K +23,791 +41%
TC
6
Truvestments Capital
Florida
$220K +$41.1K +10,867 +19%
BlackRock
7
BlackRock
New York
$199K +$45.5K +12,046 +24%
B
8
Bailard
California
$156K
Mariner
9
Mariner
Kansas
$138K +$60.1K +15,900 +58%
Northern Trust
10
Northern Trust
Illinois
$121K -$5.52K -1,461 -4%
State Street
11
State Street
Massachusetts
$114K
National Bank of Canada
12
National Bank of Canada
Quebec, Canada
$111K +$45.3K +12,000 +50%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$84K +$96.4K +25,503 +3,882%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$77.5K +$30.2K +7,998 +49%
CCM
15
Corsair Capital Management
New York
$63.4K +$75.1K +19,864 New
Simplex Trading
16
Simplex Trading
Illinois
$55K -$225K -59,618 -77%
PFM
17
Privium Fund Management
Netherlands
$53K -$42.3K -11,200 -40%
Osaic Holdings
18
Osaic Holdings
Arizona
$53K +$3.31K +875 +6%
Renaissance Technologies
19
Renaissance Technologies
New York
$45.3K +$53.7K +14,200 New
UBS Group
20
UBS Group
Switzerland
$45K +$31.3K +8,274 +142%
NA
21
NewEdge Advisors
Louisiana
$41.5K -$6.11K -1,618 -11%
JIR
22
James Investment Research
Ohio
$41.5K
Cetera Investment Advisers
23
Cetera Investment Advisers
Illinois
$38.9K
Millennium Management
24
Millennium Management
New York
$34.8K -$21.9K -5,809 -35%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$8.46K +$10K +2,652 New

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.