SOFI ranks #507 out of 37696 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
SOFI is a disclosed holding of Jane Street (Jane Street Group), one of the tracked superinvestors on AlphaSMO — it makes up 0.1% of that fund's own 13F portfolio.
SOFI is a top-conviction position for Accel Growth Fund V Associates L.L.C. — at 82.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in SOFI belongs to California State Teachers Retirement System, but the position matters far more to Accel Growth Fund V Associates L.L.C., who has 82.0% 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.
DAVENPORT & Co LLC has added to its SOFI position for two straight quarters, increasing it by $59.7M to reach $60.5M today.
CoreCap Advisors, LLC has trimmed its SOFI position for two straight quarters, cutting it by $1.4M while still holding $131.6K.
SOFI is down 3.6% today, and institutions have been net sellers of $857.9M this quarter — today's price move and the underlying institutional flow are pointing the same direction.