We are live on ! Find out more
SURG icon

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: 33 → 32 (-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

SURG Hedge Fund Activity: Q2 2024 in Review

32 of the 6,938 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.