Sonoco
448 hedge funds and large institutions have $4.72B invested in Sonoco in 2023 Q2 according to their latest regulatory filings, with 53 funds opening new positions, 151 increasing their positions, 156 reducing their positions, and 37 closing their positions.
43% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 37
4% more funds holding
Funds holding: 432 → 448 (+16)
0.76% more ownership
Funds ownership: 77.15% → 77.91% (+0.76%)
0% less call options, than puts
Call options by funds: $9.86M | Put options by funds: $9.89M
2% less capital invested
Capital invested by funds: $4.84B → $4.72B (-$113M)
3% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 156
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
+$58.9M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$42.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.6M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$17.4M |
| 5 |
New York State Common Retirement Fund
Albany,
New York
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$39.3M |
| 2 |
BlackRock
New York
|
-$22.9M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
-$20.2M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
-$19M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$12.6M |
SON Hedge Fund Activity: Q2 2023 in Review
448 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q2 2023, worth a combined $4.72B — down 2.3% from $4.84B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new SON positions and 37 closed out — a net gain of 16 holders — while 151 added to existing stakes and 156 trimmed.
The largest buyer was Nordea Investment Management, adding an estimated $58.9M. The largest seller was State Street, cutting an estimated $39.3M.
- 448 institutional investors held Sonoco (SON) as of Q2 2023, up from 432 in Q1 2023.
- Funds reported $4.72B of Sonoco stock for Q2 2023, down 2.3% quarter-over-quarter.
- 53 funds opened new Sonoco positions in Q2 2023 and 37 closed out, a net change of +16 holders.
- The largest Sonoco buyer in Q2 2023 was Nordea Investment Management, an estimated $58.9M added.
- The largest Sonoco seller in Q2 2023 was State Street, an estimated $39.3M sold.
Based on aggregated 13F filings for Q2 2023.