SPORTRADAR GROUP AG SRAD
CLASS A ORD SHS · Common Stock · CUSIP H8088L103
- SectorTechnology
- IndustryServices-Computer Programming, Data Processing, Etc.
- FilingsSEC EDGAR
* 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 ($6.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $23.77. Options: 11 managers hold calls ($38.3m notional), 9 hold puts ($21.9m).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 62 |
| Q4 2022 | 60 |
| Q1 2023 | 65 |
| Q2 2023 | 69 |
| Q3 2023 | 78 |
| Q4 2023 | 81 |
| Q1 2024 | 85 |
| Q2 2024 | 87 |
| Q3 2024 | 115 |
| Q4 2024 | 149 |
| Q1 2025 | 178 |
| Q2 2025 | 225 |
| Q3 2025 | 228 |
| Q4 2025 | 197 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 46 | 42 |
| Q2 2024 | 44 | 34 |
| Q3 2024 | 75 | 29 |
| Q4 2024 | 89 | 44 |
| Q1 2025 | 96 | 75 |
| Q2 2025 | 158 | 77 |
| Q3 2025 | 127 | 116 |
| Q4 2025 | 95 | 142 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $10.8m | $12.2m | 1.13 |
| Q2 2025 | $35.6m | $16.2m | 0.45 |
| Q3 2025 | $27.5m | $45.6m | 1.65 |
| Q4 2025 | $38.3m | $21.9m | 0.57 |
Biggest buyers
| T. Rowe Price Investment Management, Inc. | Added | +8.0m |
| Durable Capital Partners LP | New | +6.0m |
| Jericho Capital Asset Management L.P. | New | +3.2m |
| Stephens Investment Management Group LLC | New | +2.2m |
| Ilex Capital Partners (UK) LLP | Added | +1.5m |
| AMERIPRISE FINANCIAL INC | Added | +1.3m |
| UBS Group AG | Added | +1.2m |
| ASHFORD CAPITAL MANAGEMENT INC | New | +530.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +424.7k |
| CITADEL ADVISORS LLC | Added | +417.7k |
Biggest sellers
| FMR LLC | Reduced | -3.4m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -2.3m |
| Driehaus Capital Management LLC | Sold out | -2.3m |
| ACADIAN ASSET MANAGEMENT LLC | Reduced | -1.6m |
| VOYA INVESTMENT MANAGEMENT LLC | Sold out | -1.5m |
| OBERWEIS ASSET MANAGEMENT INC/ | Sold out | -1.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Sold out | -1.3m |
| MORGAN STANLEY | Reduced | -976.0k |
| Invesco Ltd. | Reduced | -945.6k |
| Fortress Investment Group LLC | Sold out | -760.0k |
Biggest calls
| Greenhouse Funds LLLP | New | $17.8m750.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.4m270.7k shares |
| CITADEL ADVISORS LLC | Reduced | $5.4m227.2k shares |
| GROUP ONE TRADING LLC | Added | $2.6m107.4k shares |
| IMC-Chicago, LLC | Added | $1.8m76.6k shares |
| JANE STREET GROUP, LLC | Reduced | $1.0m44.0k shares |
| Caption Management, LLC | Unchanged | $950.8k40.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $805.8k33.9k shares |
| Walleye Capital LLC | Added | $729.7k30.7k shares |
| Walleye Trading LLC | Reduced | $439.7k18.5k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $11.9m502.3k shares |
| IMC-Chicago, LLC | Added | $2.8m118.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.7m114.0k shares |
| SIMPLEX TRADING, LLC | Added | $1.5m64.2k shares |
| GROUP ONE TRADING LLC | Added | $1.3m55.5k shares |
| J. Goldman & Co LP | Reduced | $622.8k26.2k shares |
| Walleye Trading LLC | Added | $606.1k25.5k shares |
| JANE STREET GROUP, LLC | Reduced | $206.8k8.7k shares |
| Walleye Capital LLC | Reduced | $111.7k4.7k 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 |
|---|---|
| CANADA PENSION PLAN INVESTMENT BOARD 13G · exempt (held before listing) filed 2025-05-14 | 30.9% |
| Koerl Carsten 13G · exempt (held before listing) filed 2025-07-18 | 27.1% |
| Technology Crossover Management IX, Ltd. 13G · exempt (held before listing) filed 2025-07-18 | 13.2% |
| Radcliff SR I LLC 13G · passive investor filed 2025-08-14 | 6.0% |
| SPRUCE HOUSE INVESTMENT MANAGEMENT LLC 13G · passive investor new · filed 2026-08-11 | 5.8% |
Fell to 5% or below in the last year: T. Rowe Price Investment Management, Inc. (4.6%, 2026-08-14)
Insider purchases and sales in Q4 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| CANADA PENSION PLAN INVESTMENT BOARD 1.08% of their portfolio | 68.2m $1.6bn | Unchanged |
| Technology Crossover Management IX, Ltd. 61.56% of their portfolio | 29.2m $694.2m | Unchanged |
| T. Rowe Price Investment Management, Inc. 0.17% of their portfolio | 18.1m $430.7m | Added +8.0m |
| Radcliff Management LLC 100.00% of their portfolio | 13.1m $312.2m | Unchanged |
| Greenhouse Funds LLLP 6.08% of their portfolio | 6.6m $157.4m | Added +307.5k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.05% of their portfolio | 6.1m $144.2m | Reduced -37.7k |
| Durable Capital Partners LP 1.34% of their portfolio | 6.0m $141.6m | New |
| FMR LLC 0.01% of their portfolio | 4.7m $112.3m | Reduced -3.4m |
| JANUS HENDERSON GROUP PLC 0.04% of their portfolio | 4.2m $98.8m | Reduced -245.7k |
| Jericho Capital Asset Management L.P. 0.86% of their portfolio | 3.2m $75.1m | New |
| FEDERATED HERMES, INC. 0.11% of their portfolio | 2.8m $66.1m | Reduced -356.5k |
| Ilex Capital Partners (UK) LLP 1.77% of their portfolio | 2.6m $62.8m | Added +1.5m |
| UBS Group AG 0.01% of their portfolio | 2.4m $56.9m | Added +1.2m |
| Stephens Investment Management Group LLC 0.69% of their portfolio | 2.2m $52.6m | New |
| Invesco Ltd. 0.00% of their portfolio | 2.0m $48.6m | Reduced -945.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.8m $41.8m | Reduced -590.3k |
| Granahan Investment Management, LLC 1.70% of their portfolio | 1.7m $39.7m | Reduced -223.3k |
| MORGAN STANLEY 0.00% of their portfolio | 1.6m $38.6m | Reduced -976.0k |
| NORGES BANK 0.00% of their portfolio | 1.5m $35.9m | Not comparable |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 1.4m $34.1m | Added +1.3m |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 1.4m $32.2m | Added +320.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.3m $31.3m | Reduced -410.5k |
| CYPRESS POINT INVESTMENT MANAGEMENT LP 6.52% of their portfolio | 1.3m $30.3m | First filing |
| RICE HALL JAMES & ASSOCIATES, LLC 1.49% of their portfolio | 1.1m $27.1m | Added +341.2k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio | 1.1m $26.6m | Reduced -55.2k |
| Advaya LLP 15.42% of their portfolio | 993.3k $23.6m | First filing |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 926.8k $22.0m | Added +289.0k |
| LORD, ABBETT & CO. LLC 0.07% of their portfolio | 926.7k $22.0m | Reduced -16.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 873.3k $20.8m | Reduced -2.3m |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 867.3k $20.6m | Added +417.7k |
| Qube Research & Technologies Ltd 0.03% of their portfolio | 862.4k $20.5m | Reduced -187.5k |
| CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio | 768.1k $18.3m | Added +208.9k |
| TD Asset Management Inc 0.01% of their portfolio | 687.9k $16.4m | Added +145.8k |
| KINGDON CAPITAL MANAGEMENT, L.L.C. 2.45% of their portfolio | 674.0k $16.0m | Added +200.0k |
| ASHFORD CAPITAL MANAGEMENT INC 1.40% of their portfolio | 530.3k $12.6m | New |
| M&G PLC 0.06% of their portfolio | 485.7k $11.7m | Added +41.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 461.5k $11.0m | Added +4.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 424.7k $10.1m | New |
| AM INVESTMENT STRATEGIES LLC 1.85% of their portfolio | 375.0k $8.9m | Unchanged |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 371.9k $8.8m | Reduced -64.2k |
| PICTON MAHONEY ASSET MANAGEMENT 0.10% of their portfolio | 368.3k $8.8m | Added +49.4k |
| ArrowMark Colorado Holdings LLC 0.19% of their portfolio | 367.9k $8.7m | Reduced -163.0k |
| Wealth High Governance Asset Management Ltda. 1.56% of their portfolio | 366.2k $8.7m | First filing |
| BARCLAYS PLC 0.00% of their portfolio | 341.7k $8.1m | Added +260.1k |
| Nixon Capital, LLC 2.08% of their portfolio | 332.0k $7.9m | Added +3.9k |
| AXON CAPITAL LP 8.36% of their portfolio | 292.6k $7.0m | First filing |
| Jump Financial, LLC 0.09% of their portfolio | 286.4k $6.8m | Added +156.2k |
| STRS OHIO 0.02% of their portfolio | 248.1k $5.9m | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 235.7k $5.6m | Reduced -8.0k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 235.1k $5.6m | Reduced -48.9k |
| BW Gestao de Investimentos Ltda. 0.20% of their portfolio | 233.8k $5.6m | Added +133.8k |
| Wealth High Governance Capital Ltda 1.63% of their portfolio | 233.8k $5.6m | Added +83.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 231.6k $5.5m | Added +3.6k |
| CAMBIAR INVESTORS LLC 0.25% of their portfolio | 230.7k $5.5m | Reduced -5.3k |
| ZEVENBERGEN CAPITAL INVESTMENTS LLC 0.12% of their portfolio | 228.6k $5.4m | Unchanged |
| Mariner, LLC 0.01% of their portfolio | 210.5k $5.0m | Reduced -3.4k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.01% of their portfolio | 196.1k $4.7m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 196.0k $4.7m | Added +7.6k |
| 1492 Capital Management LLC 1.73% of their portfolio | 190.1k $4.5m | Added +2.7k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 183.6k $4.4m | Added +112.5k |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 183.4k $4.4m | Added +111.7k |
| HRT FINANCIAL LP 0.02% of their portfolio | 183.2k $4.4m | Added +7.7k |
| Voleon Capital Management LP 0.09% of their portfolio | 182.4k $4.3m | Reduced -4.7k |
| Moody Aldrich Partners LLC 0.75% of their portfolio | 169.6k $4.0m | Reduced -8.1k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 156.0k $3.7m | Reduced -65.7k |
| IMC-Chicago, LLC 0.06% of their portfolio | 150.2k $3.6m | Added +118.3k |
| TUDOR INVESTMENT CORP ET AL 0.02% of their portfolio | 149.2k $3.5m | New |
| SIT INVESTMENT ASSOCIATES INC 0.07% of their portfolio | 144.2k $3.4m | Added +51.7k |
| TWINBEECH CAPITAL LP 0.24% of their portfolio | 141.3k $3.4m | Added +29.4k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 136.5k $3.2m | Reduced -131.1k |
| GREYCROFT LP 1.96% of their portfolio | 130.0k $3.1m | Added +110.0k |
| Asset Management One Co., Ltd. 0.01% of their portfolio | 125.6k $2.9m | New |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 125.4k $3.0m | Added +151 |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 125.4k $3.0m | New |
| WASHINGTON TRUST Co 0.09% of their portfolio | 116.6k $2.8m | New |
| Quantbot Technologies LP 0.09% of their portfolio | 110.6k $2.6m | Added +67.9k |
| BlackRock, Inc. 0.00% of their portfolio | 105.8k $2.5m | Added +19.0k |
| EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio | 102.3k $2.4m | Reduced -58.9k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 98.0k $2.3m | Reduced -258.2k |
| VANGUARD GROUP INC 0.00% of their portfolio | 93.9k $2.2m | Unchanged |
| Verition Fund Management LLC 0.01% of their portfolio | 93.7k $2.2m | Added +36.8k |
| Symmetry Investments LP 0.38% of their portfolio | 86.0k $2.0m | New |
| SEI INVESTMENTS CO 0.00% of their portfolio | 84.1k $2.0m | Reduced -21.3k |
| MOODY NATIONAL BANK TRUST DIVISION 0.19% of their portfolio | 82.3k $2.0m | Reduced -35.8k |
| PEAK6 LLC 0.03% of their portfolio | 79.4k $1.9m | New |
| NAVELLIER & ASSOCIATES INC 0.20% of their portfolio | 73.2k $1.7m | Added +3.8k |
| Penn Capital Management Company, LLC 0.12% of their portfolio | 62.9k $1.5m | Added +14.8k |
| LPL Financial LLC 0.00% of their portfolio | 61.9k $1.5m | Reduced -54.3k |
| Squarepoint Ops LLC 0.00% of their portfolio | 60.4k $1.4m | Reduced -83.1k |
| Arvin Capital Management LP 0.31% of their portfolio | 59.8k $1.4m | New |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 59.6k $1.4m | Reduced -107.9k |
| GABELLI FUNDS LLC 0.01% of their portfolio | 54.4k $1.3m | Added +4.4k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 53.0k $1.3m | Reduced -425.2k |
| Sciencast Management LP 0.17% of their portfolio | 51.3k $1.2m | Added +40.2k |
| SHAKER INVESTMENTS LLC/OH 0.49% of their portfolio | 49.6k $1.2m | Reduced -1.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.4k $1.1m | Reduced -82.0k |
| Fieldview Capital Management, LLC 0.18% of their portfolio | 44.5k $1.1m | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.07% of their portfolio | 43.6k $1.0m | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 42.9k $1.0m | New |
| Yorktown Management & Research Co Inc 0.80% of their portfolio | 42.1k $1.0m | Unchanged |