Sierra Wireless
SWIR
SWIR was delisted on the 12th of January, 2023.
98 hedge funds and large institutions have $177M invested in Sierra Wireless in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 28 increasing their positions, 30 reducing their positions, and 19 closing their positions.
55% more capital invested
Capital invested by funds: $114M → $177M (+$62.5M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 30
7% less funds holding
Funds holding: 105 → 98 (-7)
21% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 19
86% less call options, than puts
Call options by funds: $790K | Put options by funds: $5.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$46.3M |
| 2 |
TI
Trigran Investments
Northbrook,
Illinois
|
+$14.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.13M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$2.53M |
| 5 |
Renaissance Technologies
New York
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$3.24M |
| 2 |
Millennium Management
New York
|
-$999K |
| 3 |
HTC
Haverford Trust Company
Radnor,
Pennsylvania
|
-$990K |
| 4 |
RAM
Roumell Asset Management
Chevy Chase,
Maryland
|
-$728K |
| 5 |
CSC
Cove Street Capital
El Segundo,
California
|
-$618K |
SWIR Hedge Fund Activity: Q2 2019 in Review
98 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Sierra Wireless (SWIR) for Q2 2019, worth a combined $177M — up 55% from $114M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of SWIR and 15 opened new positions — a net loss of 4 holders — while 30 trimmed existing stakes and 28 added.
The largest buyer was Brandes Investment Partners, adding an estimated $46.3M. The largest seller was Norges Bank, cutting an estimated $3.24M.
- 98 institutional investors held Sierra Wireless (SWIR) as of Q2 2019, down from 105 in Q1 2019.
- Funds reported $177M of Sierra Wireless stock for Q2 2019, up 55% quarter-over-quarter.
- 15 funds opened new Sierra Wireless positions in Q2 2019 and 19 closed out, a net change of -4 holders.
- The largest Sierra Wireless buyer in Q2 2019 was Brandes Investment Partners, an estimated $46.3M added.
- The largest Sierra Wireless seller in Q2 2019 was Norges Bank, an estimated $3.24M sold.
Based on aggregated 13F filings for Q2 2019.