Sonoco
320 hedge funds and large institutions have $2.71B invested in Sonoco in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 122 increasing their positions, 100 reducing their positions, and 23 closing their positions.
351% more call options, than puts
Call options by funds: $2.02M | Put options by funds: $448K
26% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 23
22% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 100
1% more funds holding
Funds holding: 317 → 320 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.12% less ownership
Funds ownership: 68.99% → 67.87% (-1.1%)
12% less capital invested
Capital invested by funds: $3.09B → $2.71B (-$379M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$46.6M |
| 2 |
Millennium Management
New York
|
+$31.7M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$11.7M |
| 4 |
ESCM
Echo Street Capital Management
New York
|
+$8.45M |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$7.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$58M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$29.2M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$25.8M |
| 4 |
State Street
Boston,
Massachusetts
|
-$16.6M |
| 5 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$14.4M |
SON Hedge Fund Activity: Q3 2014 in Review
320 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q3 2014, worth a combined $2.71B — down 12% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SON positions and 23 closed out — a net gain of 6 holders — while 122 added to existing stakes and 100 trimmed.
The largest buyer was DePrince Race & Zollo Inc (DRZ), opening a new position worth an estimated $46.6M. The largest seller was Deutsche Bank, cutting an estimated $58M.
- 320 institutional investors held Sonoco (SON) as of Q3 2014, up from 317 in Q2 2014.
- Funds reported $2.71B of Sonoco stock for Q3 2014, down 12% quarter-over-quarter.
- 29 funds opened new Sonoco positions in Q3 2014 and 23 closed out, a net change of +6 holders.
- The largest Sonoco buyer in Q3 2014 was DePrince Race & Zollo Inc (DRZ), an estimated $46.6M added.
- The largest Sonoco seller in Q3 2014 was Deutsche Bank, an estimated $58M sold.
Based on aggregated 13F filings for Q3 2014.