SONDER HOLDINGS INC
CLASS A COM · CUSIP 83542D102
83
institutional holders
+1 vs Q1 2023
80.9m
shares reported held*
$42.9mreported value*
23 new
10 added
24 reduced
24 sold out
net sold ≈ $16.6m (-31.3m shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($27.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $0.53. Options: 6 managers hold calls ($573.7k notional), 4 hold puts ($95.5k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 84 |
| Q1 2023 | 82 |
| Q2 2023 | 83 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 42 | 27 |
| Q1 2023 | 42 | 31 |
| Q2 2023 | 33 | 48 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $3.6m | $1.2m | 0.32 |
| Q4 2022 | $909.2k | $2.7m | 3.00 |
| Q1 2023 | $862.2k | $529.1k | 0.61 |
| Q2 2023 | $573.7k | $95.5k | 0.17 |
Biggest buyers
| MILLENNIUM MANAGEMENT LLC | New | +2.2m |
| BBR PARTNERS, LLC | New | +1.0m |
| GSA CAPITAL PARTNERS LLP | Added | +834.7k |
| Qube Research & Technologies Ltd | New | +405.3k |
| OLD MISSION CAPITAL LLC | New | +363.2k |
| GOLDMAN SACHS GROUP INC | Added | +317.1k |
| HighTower Advisors, LLC | New | +310.0k |
| Y-Intercept (Hong Kong) Ltd | New | +238.5k |
| Zuckerman Investment Group, LLC | Added | +205.0k |
| Ergoteles LLC | New | +188.3k |
Biggest sellers
| FMR LLC | Reduced | -20.3m |
| BlackRock Inc. | Reduced | -8.7m |
| STATE STREET CORP | Reduced | -2.6m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -1.6m |
| NORTHERN TRUST CORP | Reduced | -1.3m |
| VANGUARD GROUP INC | Reduced | -481.3k |
| Bank of New York Mellon Corp | Reduced | -459.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Reduced | -421.8k |
| JPMORGAN CHASE & CO | Reduced | -196.4k |
| RHUMBLINE ADVISERS | Reduced | -163.8k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $251.1k473.4k shares |
| SIMPLEX TRADING, LLC | Added | $155.0k293.8k shares |
| GROUP ONE TRADING LLC | Reduced | $86.0k162.2k shares |
| Oasis Management Co Ltd. | Unchanged | $53.0k100.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $28.5k53.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SIMPLEX TRADING, LLC | Reduced | $63.0k119.4k shares |
| CITADEL ADVISORS LLC | Added | $32.0k60.3k shares |
| GROUP ONE TRADING LLC | Reduced | $5311.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| iNovia Growth Capital Inc. 13G · passive investor filed 2025-02-14 | 10.0% |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Atreides Management, LP 0.33% of their portfolio | 20.3m $10.7m | Unchanged |
| Valor Management LLC 1.26% of their portfolio | 9.5m $5.1m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 8.4m $4.5m | Reduced -481.3k |
| MOORE CAPITAL MANAGEMENT, LP 0.11% of their portfolio | 8.2m $4.4m | Unchanged |
| GREYLOCK 15 GP LLC 3.63% of their portfolio | 7.7m $4.1m | Unchanged |
| HarbourVest Partners LLC 0.68% of their portfolio | 4.5m $2.4m | Unchanged |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 4.3m $2.3m | Added +21.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 2.2m $1.2m | New |
| GCM Grosvenor Holdings, LLC 0.47% of their portfolio | 2.0m $1.1m | Unchanged |
| Tao Capital Management LP 0.62% of their portfolio | 1.6m $851.0k | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 1.5m $798.9k | Reduced -1.6m |
| BlackRock Inc. 0.00% of their portfolio | 1.3m $695.2k | Reduced -8.7m |
| GSA CAPITAL PARTNERS LLP 0.06% of their portfolio | 1.1m $593.0k | Added +834.7k |
| GREENOAKS LLC 0.06% of their portfolio | 1.0m $531.6k | Unchanged |
| BBR PARTNERS, LLC 0.06% of their portfolio | 1.0m $530.5k | New |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 718.4k $381.1k | Reduced -421.8k |
| STATE STREET CORP 0.00% of their portfolio | 501.0k $265.8k | Reduced -2.6m |
| Zuckerman Investment Group, LLC 0.04% of their portfolio | 500.0k $265.2k | Added +205.0k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 405.3k $215.0k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 399.1k $211.7k | Added +317.1k |
| OLD MISSION CAPITAL LLC 0.01% of their portfolio | 363.2k $192.7k | New |
| HighTower Advisors, LLC 0.00% of their portfolio | 310.0k $164.0k | New |
| MORGAN STANLEY 0.00% of their portfolio | 260.8k $138.3k | Added +139.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 254.0k $134.8k | Reduced -1.3m |
| Y-Intercept (Hong Kong) Ltd 0.01% of their portfolio | 238.5k $126.5k | New |
| PATHSTONE FAMILY OFFICE, LLC 0.00% of their portfolio | 218.7k $116.0k | Unchanged |
| Ergoteles LLC 0.00% of their portfolio | 188.3k $99.9k | New |
| Simplify Asset Management Inc. 0.01% of their portfolio | 145.7k $77.3k | Reduced -85.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 133.8k $71.0k | Reduced -54.6k |
| Laurion Capital Management LP 0.00% of their portfolio | 124.4k $66.0k | New |
| Shay Capital LLC 0.02% of their portfolio | 115.1k $61.1k | Added +62.3k |
| SEGALL BRYANT & HAMILL, LLC 0.00% of their portfolio | 109.0k $57.8k | Unchanged |
| ALTERNA WEALTH MANAGEMENT, INC 0.06% of their portfolio | 100.0k $53.0k | Unchanged |
| CastleKnight Management LP 0.01% of their portfolio | 89.1k $47.3k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 83.6k $44.3k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 77.9k $41.3k | New |
| Bank of New York Mellon Corp 0.00% of their portfolio | 73.9k $39.2k | Reduced -459.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 63.7k $33.0k | New |
| Creative Planning 0.00% of their portfolio | 63.5k $33.7k | Unchanged |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 56.4k $29.9k | New |
| Point72 Middle East FZE 0.00% of their portfolio | 50.4k $26.7k | New |
| BROWN ADVISORY INC 0.00% of their portfolio | 40.6k $21.5k | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 37.5k $19.9k | New |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 35.7k $19.0k | New |
| LINCOLN NATIONAL CORP 0.00% of their portfolio | 29.1k $15.5k | Unchanged |
| SG Americas Securities, LLC 0.00% of their portfolio | 27.2k $14.0k | Reduced -77.5k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 25.8k $13.7k | New |
| Prime Capital Investment Advisors, LLC 0.00% of their portfolio | 21.7k $11.5k | Added +8.0k |
| Caprock Group, LLC 0.00% of their portfolio | 21.1k $11.2k | Unchanged |
| WADDELL & ASSOCIATES, LLC 0.00% of their portfolio | 20.3k $10.8k | Unchanged |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 20.2k $10.0k | Reduced -152.5k |
| Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio | 19.9k $11.0k | Added +7.0k |
| FIRST MANHATTAN CO. LLC. 0.00% of their portfolio | 19.7k $10.4k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 19.6k $10.4k | Reduced -163.8k |
| VICTORY CAPITAL MANAGEMENT INC 0.00% of their portfolio | 19.2k $10.2k | Added +3.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 19.1k $10.1k | Reduced -3.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 18.9k $10.0k | Reduced -196.4k |
| Ionic Capital Management LLC 0.00% of their portfolio | 18.2k $9.7k | Unchanged |
| TWO SIGMA SECURITIES, LLC 0.00% of their portfolio | 17.5k $9.3k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 16.3k $8.7k | Reduced -76.5k |
| CTC Alternative Strategies, Ltd. 0.01% of their portfolio | 16.1k $8.5k | First filing |
| XTX Topco Ltd 0.00% of their portfolio | 16.1k $8.5k | Reduced -27.6k |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 15.6k $8.3k | Reduced -2.0k |
| Pacific Sun Financial Corp 0.01% of their portfolio | 11.5k $8.7k | First filing |
| GROUP ONE TRADING LLC 0.00% of their portfolio | 11.3k $6.0k | Reduced -42.0k |
| First Trust Direct Indexing L.P. 0.00% of their portfolio | 10.5k $5.6k | New |
| Tuttle Capital Management, LLC 0.00% of their portfolio | 10.3k $359 | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 10.0k $5.3k | New |
| Insight Wealth Strategies, LLC 0.00% of their portfolio | 10.0k $5.3k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 6.2k $3.3k | Added +914 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.9k $3.0k | Reduced -11.3k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 4.4k $2.3k | Unchanged |
| FMR LLC 0.00% of their portfolio | 4.0k $2.1k | Reduced -20.3m |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2.6k $1.4k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 2.1k $1.1k | New |
| Avion Wealth 0.00% of their portfolio | 1.7k $0 | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 1.5k $815 | Reduced -103.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.2k $641 | Reduced -7 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.0k $545 | Reduced -35.2k |
| TORONTO DOMINION BANK 0.00% of their portfolio | 198 $0 | New |
| CWM, LLC 0.00% of their portfolio | 100 $0 | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 82 $43 | Reduced -121.1k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |