Sonoco
SON
323 hedge funds and large institutions have $2.9B invested in Sonoco in 2014 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 118 increasing their positions, 115 reducing their positions, and 17 closing their positions.
726% more call options, than puts
Call options by funds: $7.12M | Put options by funds: $861K
100% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 17
5% more funds holding
Funds holding: 308 → 323 (+15)
3% more repeat investments, than reductions
Existing positions increased: 118 | Existing positions reduced: 115
0.56% less ownership
Funds ownership: 69.85% → 69.29% (-0.56%)
2% less capital invested
Capital invested by funds: $2.97B → $2.9B (-$63.7M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$70.8M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$23.7M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
+$14M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$10.6M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$67.6M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$32.9M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$26.7M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$10.1M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$8.69M |
SON Hedge Fund Activity: Q1 2014 in Review
323 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q1 2014, worth a combined $2.9B — down 2.1% from $2.97B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SON positions and 17 closed out — a net gain of 17 holders — while 118 added to existing stakes and 115 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $70.8M. The largest seller was Invesco, cutting an estimated $67.6M.
- 323 institutional investors held Sonoco (SON) as of Q1 2014, up from 308 in Q4 2013.
- Funds reported $2.9B of Sonoco stock for Q1 2014, down 2.1% quarter-over-quarter.
- 34 funds opened new Sonoco positions in Q1 2014 and 17 closed out, a net change of +17 holders.
- The largest Sonoco buyer in Q1 2014 was Bank of New York Mellon, an estimated $70.8M added.
- The largest Sonoco seller in Q1 2014 was Invesco, an estimated $67.6M sold.
Based on aggregated 13F filings for Q1 2014.