Sonoco
353 hedge funds and large institutions have $3.67B invested in Sonoco in 2017 Q3 according to their latest regulatory filings, with 34 funds opening new positions, 131 increasing their positions, 120 reducing their positions, and 33 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 120
6% more call options, than puts
Call options by funds: $2M | Put options by funds: $1.9M
3% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 33
0.35% less ownership
Funds ownership: 73.55% → 73.19% (-0.35%)
2% less capital invested
Capital invested by funds: $3.76B → $3.67B (-$88.6M)
1% less funds holding
Funds holding: 357 → 353 (-4)
Top Buyers
| 1 |
State Street
Boston,
Massachusetts
|
+$35.9M |
| 2 |
Millennium Management
New York
|
+$30.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$24M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$19.2M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$18.7M |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$159M |
| 2 |
ST
Sabal Trust
St. Petersburg,
Florida
|
-$22.2M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$19.4M |
| 4 |
BlackRock
New York
|
-$18M |
| 5 |
Goldman Sachs
New York
|
-$16M |
SON Hedge Fund Activity: Q3 2017 in Review
353 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q3 2017, worth a combined $3.67B — down 2.4% from $3.76B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SON positions and 33 closed out — a net gain of 1 holder — while 131 added to existing stakes and 120 trimmed.
The largest buyer was State Street, adding an estimated $35.9M. The largest seller was Wells Fargo, cutting an estimated $159M.
- 353 institutional investors held Sonoco (SON) as of Q3 2017, down from 357 in Q2 2017.
- Funds reported $3.67B of Sonoco stock for Q3 2017, down 2.4% quarter-over-quarter.
- 34 funds opened new Sonoco positions in Q3 2017 and 33 closed out, a net change of +1 holder.
- The largest Sonoco buyer in Q3 2017 was State Street, an estimated $35.9M added.
- The largest Sonoco seller in Q3 2017 was Wells Fargo, an estimated $159M sold.
Based on aggregated 13F filings for Q3 2017.