Sonoco
467 hedge funds and large institutions have $4.49B invested in Sonoco in 2024 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 172 increasing their positions, 157 reducing their positions, and 46 closing their positions.
43% more call options, than puts
Call options by funds: $3.34M | Put options by funds: $2.34M
22% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 46
1% more funds holding
Funds holding: 461 → 467 (+6)
10% more repeat investments, than reductions
Existing positions increased: 172 | Existing positions reduced: 157
4% more capital invested
Capital invested by funds: $4.33B → $4.49B (+$155M)
0.09% less ownership
Funds ownership: 79.13% → 79.03% (-0.09%)
Top Buyers
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$19.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$14.7M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$13.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$11.6M |
| 5 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$9.39M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$48.7M |
| 2 |
State Street
Boston,
Massachusetts
|
-$11.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.18M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.06M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$6.31M |
SON Hedge Fund Activity: Q1 2024 in Review
467 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q1 2024, worth a combined $4.49B — up 3.6% from $4.33B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new SON positions and 46 closed out — a net gain of 10 holders — while 172 added to existing stakes and 157 trimmed.
The largest buyer was American Century Companies, adding an estimated $19.4M. The largest seller was Morgan Stanley, cutting an estimated $48.7M.
- 467 institutional investors held Sonoco (SON) as of Q1 2024, up from 461 in Q4 2023.
- Funds reported $4.49B of Sonoco stock for Q1 2024, up 3.6% quarter-over-quarter.
- 56 funds opened new Sonoco positions in Q1 2024 and 46 closed out, a net change of +10 holders.
- The largest Sonoco buyer in Q1 2024 was American Century Companies, an estimated $19.4M added.
- The largest Sonoco seller in Q1 2024 was Morgan Stanley, an estimated $48.7M sold.
Based on aggregated 13F filings for Q1 2024.