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432 hedge funds and large institutions have $4.84B invested in Sonoco in 2023 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 159 increasing their positions, 148 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

8% more capital invested

Capital invested by funds: $4.47B → $4.84B (+$369M)

7% more repeat investments, than reductions

Existing positions increased: 159 | Existing positions reduced: 148

4% more call options, than puts

Call options by funds: $3.57M | Put options by funds: $3.44M

0.94% more ownership

Funds ownership: 76.2%77.15% (+0.94%)

9% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 44

2% less funds holding

Funds holding: 442432 (-10)

Holders
432
Holders Change
-10
Holders Change %
-2.26%
% of All Funds
6.88%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
40
Increased
159
Reduced
148
Closed
44
Calls
$3.57M
Puts
$3.44M
Net Calls
+$135K
Net Calls Change
-$5.5M

SON Hedge Fund Activity: Q1 2023 in Review

432 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q1 2023, worth a combined $4.84B — up 8.3% from $4.47B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of SON and 40 opened new positions — a net loss of 4 holders — while 148 trimmed existing stakes and 159 added.

The largest buyer was State Street, adding an estimated $31M. The largest seller was Invesco, cutting an estimated $27.5M.

  • 432 institutional investors held Sonoco (SON) as of Q1 2023, down from 442 in Q4 2022.
  • Funds reported $4.84B of Sonoco stock for Q1 2023, up 8.3% quarter-over-quarter.
  • 40 funds opened new Sonoco positions in Q1 2023 and 44 closed out, a net change of -4 holders.
  • The largest Sonoco buyer in Q1 2023 was State Street, an estimated $31M added.
  • The largest Sonoco seller in Q1 2023 was Invesco, an estimated $27.5M sold.

Based on aggregated 13F filings for Q1 2023.