Sonoco
338 hedge funds and large institutions have $3.4B invested in Sonoco in 2016 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 111 increasing their positions, 120 reducing their positions, and 32 closing their positions.
942% more call options, than puts
Call options by funds: $17.5M | Put options by funds: $1.68M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
34% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 32
19% more capital invested
Capital invested by funds: $2.86B → $3.4B (+$530M)
3% more funds holding
Funds holding: 329 → 338 (+9)
0.22% less ownership
Funds ownership: 69.44% → 69.21% (-0.22%)
8% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 120
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$35M |
| 2 |
Schroder Investment Management Group
London,
United Kingdom
|
+$16.5M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.3M |
| 4 |
Goldman Sachs
New York
|
+$14M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$30.9M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$23.9M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$16.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$15.4M |
| 5 |
UOC
UBS O'Connor
Chicago,
Illinois
|
-$12.2M |
SON Hedge Fund Activity: Q1 2016 in Review
338 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q1 2016, worth a combined $3.4B — up 19% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SON positions and 32 closed out — a net gain of 11 holders — while 111 added to existing stakes and 120 trimmed.
The largest buyer was BlackRock Institutional Trust, adding an estimated $35M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $30.9M.
- 338 institutional investors held Sonoco (SON) as of Q1 2016, up from 329 in Q4 2015.
- Funds reported $3.4B of Sonoco stock for Q1 2016, up 19% quarter-over-quarter.
- 43 funds opened new Sonoco positions in Q1 2016 and 32 closed out, a net change of +11 holders.
- The largest Sonoco buyer in Q1 2016 was BlackRock Institutional Trust, an estimated $35M added.
- The largest Sonoco seller in Q1 2016 was DePrince Race & Zollo Inc (DRZ), an estimated $30.9M sold.
Based on aggregated 13F filings for Q1 2016.