Sierra Wireless
SWIR
SWIR was delisted on the 12th of January, 2023.
139 hedge funds and large institutions have $925M invested in Sierra Wireless in 2022 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 30 increasing their positions, 38 reducing their positions, and 63 closing their positions.
54% more capital invested
Capital invested by funds: $601M → $925M (+$325M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 63
5% less funds holding
Funds holding: 147 → 139 (-8)
21% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 38
75% less call options, than puts
Call options by funds: $18.6M | Put options by funds: $74.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Pentwater Capital Management
Naples,
Florida
|
+$60.4M |
| 2 |
TAL
TIG Advisors LLC
New York
|
+$55.5M |
| 3 |
PSAMP
P. Schoenfeld Asset Management (PSAM)
New York
|
+$48.3M |
| 4 |
GCL
Glazer Capital LLC
New York
|
+$46.2M |
| 5 |
WIC
Water Island Capital
New York
|
+$42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Trigran Investments
Northbrook,
Illinois
|
-$112M |
| 2 |
Goldman Sachs
New York
|
-$34.8M |
| 3 |
LPC
Lion Point Capital
New York
|
-$31.9M |
| 4 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
-$29.4M |
| 5 |
VC
Voss Capital
Houston,
Texas
|
-$28.6M |
SWIR Hedge Fund Activity: Q3 2022 in Review
139 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Sierra Wireless (SWIR) for Q3 2022, worth a combined $925M — up 54% from $601M a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of SWIR and 57 opened new positions — a net loss of 6 holders — while 38 trimmed existing stakes and 30 added.
The largest buyer was Pentwater Capital Management, opening a new position worth an estimated $60.4M. The largest seller was Trigran Investments, cutting an estimated $112M.
- 139 institutional investors held Sierra Wireless (SWIR) as of Q3 2022, down from 147 in Q2 2022.
- Funds reported $925M of Sierra Wireless stock for Q3 2022, up 54% quarter-over-quarter.
- 57 funds opened new Sierra Wireless positions in Q3 2022 and 63 closed out, a net change of -6 holders.
- The largest Sierra Wireless buyer in Q3 2022 was Pentwater Capital Management, an estimated $60.4M added.
- The largest Sierra Wireless seller in Q3 2022 was Trigran Investments, an estimated $112M sold.
Based on aggregated 13F filings for Q3 2022.