SN ranks #1018 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
SN is a top-conviction position for Greenvale Capital LLP — at 11.1% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in SN belongs to FMR LLC, but the position matters far more to Greenvale Capital LLP, who has 11.1% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
BlackRock has added to its SN position for two straight quarters, increasing it by $916.5M to reach $1.1B today.
Dorsal Capital Management, LP has trimmed its SN position for two straight quarters, cutting it by $35.8M while still holding $76.1M.
SN is down 0.8% today, but institutions show net buying of $3.7B this quarter — a divergence between today's price move and the underlying institutional flow.