Sonoco
283 hedge funds and large institutions have $2.67B invested in Sonoco in 2013 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 103 increasing their positions, 93 reducing their positions, and 13 closing their positions.
208% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 13
180% more call options, than puts
Call options by funds: $7.2M | Put options by funds: $2.57M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
15% more capital invested
Capital invested by funds: $2.32B → $2.67B (+$355M)
11% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 93
10% more funds holding
Funds holding: 257 → 283 (+26)
2.27% more ownership
Funds ownership: 66.23% → 68.5% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$25.7M |
| 2 |
Nordea Investment Management
Stockholm,
Sweden
|
+$12.6M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$12.5M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$11.2M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$9.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$30.1M |
| 2 |
State Street
Boston,
Massachusetts
|
-$14.1M |
| 3 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$10.4M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$6.05M |
| 5 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$5.27M |
SON Hedge Fund Activity: Q3 2013 in Review
283 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q3 2013, worth a combined $2.67B — up 15% from $2.32B a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new SON positions and 13 closed out — a net gain of 27 holders — while 103 added to existing stakes and 93 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $25.7M. The largest seller was Royce & Associates, cutting an estimated $30.1M.
- 283 institutional investors held Sonoco (SON) as of Q3 2013, up from 257 in Q2 2013.
- Funds reported $2.67B of Sonoco stock for Q3 2013, up 15% quarter-over-quarter.
- 40 funds opened new Sonoco positions in Q3 2013 and 13 closed out, a net change of +27 holders.
- The largest Sonoco buyer in Q3 2013 was Acadian Asset Management, an estimated $25.7M added.
- The largest Sonoco seller in Q3 2013 was Royce & Associates, an estimated $30.1M sold.
Based on aggregated 13F filings for Q3 2013.