SoundThinking, Inc.

SSTI • NASDAQ

SoundThinking, Inc. is a software - application company in the technology sector on NASDAQ, led by Ralph A. Clark, with a market cap of $96.4M. As of Q3 2025, 58% of shares are held by 86 institutional investors, with FEDERATED INVESTORS INC /PA/ as the largest holder at 7.82%.

President and Chief Executive OfficerRalph A. Clark

Market Cap$96.4M

Software - Application

Technology

Employees312.0

Websitesoundthinking.com

Country

United States of America

Overview

Overview of institutional ownership in SSTI as of Q3 2025 with a market cap of $154.3M

All Institutions

Institutions: 86
Value Held: $89.1M
Shares Held: 7.4M
Avg Position: $1.0M
Median Position: $171.2K

Hedge Funds

Hedge Funds: 13
Value Held: $10.9M
Shares Held: 903.8K
Avg Position: $838.5K
Median Position: $319.2K

Ownership Breakdown

Institutional (non-HF)

50.72%

$78.2M

Hedge Funds

7.07%

$10.9M

Retail & Other

42.22%

$65.1M

Based on market cap of $154.3M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in SSTI as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
FEDERATED INVESTORS INC /PA/ Long Only Manager	Gregory Philip Dulski Chairman	$12.1M 0.02% of portfolio	7.82% 1.0M shares	Q2 2017 Held for 8y 5m	$56.6B
B BlackRock, Inc. Institution	-	$10.1M 0.00% of portfolio	6.57% 840.2K shares	Q3 2017 Held for 8y 2m	$5.67T
K Kopion Asset Management, LLC RIA/Wealth	Terry Lee Ledbetter President	$7.7M 5.00% of portfolio	5.00% 638.9K shares	Q4 2023 Held for 1y 11m	$154.3M
WASATCH ADVISORS INC Long Only Manager	Michael Kenneth Yeates CEO	$6.7M 0.04% of portfolio	4.33% 554.1K shares	Q1 2025 Held for 8 months	$18.6B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$6.2M 0.00% of portfolio	4.05% 517.4K shares	Q3 2017 Held for 8y 2m	$6.69T
D DISCIPLINED GROWTH INVESTORS INC /MN Long Only Manager	Ricki Lee Martin CEO	$5.0M 0.09% of portfolio	3.23% 413.4K shares	Q3 2024 Held for 1y 2m	$5.5B
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	$4.9M 0.26% of portfolio	3.15% 402.4K shares	Q3 2019 Held for 6y 2m	$1.8B
Yost Capital Management, L.L.C. Hedge Fund•Long/Short	Jason Kyle Knutson CFO	$3.5M 4.28% of portfolio	2.28% 292.2K shares	Q2 2025 Held for 5 months	$82.3M
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$2.7M 0.00% of portfolio	1.73% 221.3K shares	Q4 2017 Held for 7y 11m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.6M 0.00% of portfolio	1.68% 214.7K shares	Q2 2018 Held for 7y 5m	$2.88T

Net Capital Flow

Institutional buying and selling activity for SSTI in Q3 2025

Traded: −$3.0M
Buyers: 42
Sellers: 43
Total Bought: +$6.2M
Total Sold: −$9.2M
Avg Position: $918.9K

Biggest Buyers

Institution	Net Bought	Current Position
Yost Capital Management, L.L.C. Hedge Fund•Long/Short	+$1.4M +112.2K shares	$3.5M 292.2K shares
C CI Private Wealth, LLC RIA/Wealth	+$1.1M +93.1K shares	$1.2M 103.2K shares
K Kopion Asset Management, LLC RIA/Wealth	+$630.6K +52.3K shares	$7.7M 638.9K shares
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	+$342.0K +28.4K shares	$713.5K 59.2K shares
P Pullen Investment Management, LLC Institution	+$317.6K +26.3K shares	$2.3M 187.0K shares
MACKENZIE FINANCIAL CORP Long Only Manager	+$306.7K +25.4K shares	$1.6M 135.4K shares
Connective Capital Management, LLC Hedge Fund•Long/Short	+$297.2K +24.6K shares	$297.2K 24.6K shares
WASATCH ADVISORS INC Long Only Manager	+$239.4K +19.8K shares	$6.7M 554.1K shares
Archon Capital Management LLC Hedge Fund•Long/Short	+$227.6K +18.9K shares	$2.0M 166.4K shares
J JANE STREET GROUP, LLC Institution	+$212.5K +17.6K shares	$389.9K 32.3K shares

Biggest Sellers

Institution	Net Sold	Current Position
FEDERATED INVESTORS INC /PA/ Long Only Manager	−$2.5M −204.0K shares	$12.1M 1.0M shares
H Harvey Partners, LLC Institution	−$1.5M −127.6K shares	$1.8M 149.5K shares
WELLS FARGO & COMPANY/MN Institution	−$627.9K −52.1K shares	$70.8K 5.9K shares
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	−$537.4K −44.6K shares	$4.9M 402.4K shares
Trexquant Investment LP Hedge Fund•Quant	−$422.1K −35.0K shares	$319.2K 26.5K shares
D DISCIPLINED GROWTH INVESTORS INC /MN Long Only Manager	−$407.6K −33.8K shares	$5.0M 413.4K shares
B BLAIR WILLIAM & CO/IL Institution	−$356.8K −27.3K shares	Sold Off 0 shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$316.6K −26.3K shares	$227.9K 18.9K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$288.9K −24.0K shares	$170.7K 14.2K shares
B BlackRock, Inc. Institution	−$264.7K −21.9K shares	$10.1M 840.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited SSTI in Q3 2025

New Positions: 5
New Value: $452.0K
Exited Positions: 10
Exited Value: $1.3M

New Positions

Institution	Position Value
Connective Capital Management, LLC Hedge Fund•Long/Short	$297.2K 24.6K shares
Quantinno Capital Management LP Hedge Fund•Market Neutral	$121.5K 10.1K shares
ACADIAN ASSET MANAGEMENT LLC Long Only Manager	$30.8K 2.6K shares
O Optiver Holding B.V. Institution	$1.7K 140.0 shares
E EverSource Wealth Advisors, LLC RIA/Wealth	$808.0 67.0 shares

Exited Positions

Institution	Previous Position
B BLAIR WILLIAM & CO/IL Institution	$356.8K 27.3K shares
Marshall Wace LLP Institution	$244.7K 18.8K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	$228.5K 17.5K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$193.5K 14.8K shares
S SHERBROOKE PARK ADVISERS LLC Hedge Fund•Quant	$186.4K 14.3K shares
MetLife Investment Advisors, LLC Insurance Manager	$75.8K 5.8K shares
NISA INVESTMENT ADVISORS L L C Long Only Manager	$992.0 76.0 shares
Caitong International Asset Management Co., Ltd RIA/Wealth	$509.0 39.0 shares
MAI Wealth Advisors RIA/Wealth	$327.0 25.0 shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	$274.0 21.0 shares

Options Activity

Institutions with the largest Call and Put options positions in SSTI as of Q3 2025

Call Positions: 5
Call Value: $5.1M
Put Positions: 3
Put Value: $1.4M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$2.9M 2.4K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$742.9K 616.0 contracts
Caption Management, LLC Hedge Fund•Long/Short	$723.6K 600.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$399.2K 331.0 contracts
S SIG BROKERAGE, LP Institution	$299.1K 248.0 contracts

Put Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$623.5K 517.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$601.8K 499.0 contracts
J JANE STREET GROUP, LLC Institution	$168.8K 140.0 contracts

Most Committed Institutions

Institutions with SSTI as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
K Kopion Asset Management, LLC RIA/Wealth	Terry Lee Ledbetter President	5.00% $7.7M	5.00% 638.9K shares	Q4 2023 Held for 1y 11m	$154.3M
Yost Capital Management, L.L.C. Hedge Fund•Long/Short	Jason Kyle Knutson CFO	4.28% $3.5M	2.28% 292.2K shares	Q2 2025 Held for 5 months	$82.3M
P Pullen Investment Management, LLC Institution	-	1.22% $2.3M	1.46% 187.0K shares	Q2 2024 Held for 1y 5m	$184.7M
Archon Capital Management LLC Hedge Fund•Long/Short	Constantinos John Christofilis Managing Partner	1.20% $2.0M	1.30% 166.4K shares	Q3 2024 Held for 1y 2m	$167.6M
S Samjo Management, LLC Hedge Fund•Long/Short	Andrew Nolan Wiener Managing Partner	0.33% $856.3K	0.56% 71.0K shares	Q1 2025 Held for 8 months	$261.8M
Connective Capital Management, LLC Hedge Fund•Long/Short	Robert Magnus Romero CEO	0.27% $297.2K	0.19% 24.6K shares	Q3 2025 Held for 2 months	$108.7M
R RICE HALL JAMES & ASSOCIATES, LLC Long Only Manager	Thomas W Mcdowell Chairman	0.26% $4.9M	3.15% 402.4K shares	Q3 2019 Held for 6y 2m	$1.8B
M Manatuck Hill Partners, LLC Hedge Fund•Long/Short	Mark Allen Broach Managing Partner	0.25% $713.5K	0.46% 59.2K shares	Q2 2025 Held for 5 months	$282.7M
H Harvey Partners, LLC Institution	-	0.16% $1.8M	1.17% 149.5K shares	Q4 2024 Held for 11 months	$1.1B
D DISCIPLINED GROWTH INVESTORS INC /MN Long Only Manager	Ricki Lee Martin CEO	0.09% $5.0M	3.23% 413.4K shares	Q3 2024 Held for 1y 2m	$5.5B

Hedge Fund Spotlight

Discover hedge funds investing in SSTI

Yost Capital Management, L.L.C.

Hedge Fund • Long/Short

Portfolio ManagerJason Kyle Knutson

Portfolio Value: $82.3M
Positions: 13
Last Reported: Q3 2025

Sector Allocation

Position in SoundThinking, Inc.

Market Value: $3.5M
Shares Held: 292.2K
Portfolio Weight: 4.28%
Owned Since: 2025-Q2

Top Holding	Sector	Market Value	Weight
1 Talen Energy Corporation TLN	Unknown Unknown	$12.8M	15.54%
2 Cheniere Energy LNG	Oil & Gas Midstream Energy	$9.3M	11.35%
3 Flutter Entertainment FLUT	Gambling, Resorts & Casinos Consumer Cyclical	$8.8M	10.70%