Sonoco
475 hedge funds and large institutions have $3.99B invested in Sonoco in 2024 Q2 according to their latest regulatory filings, with 66 funds opening new positions, 163 increasing their positions, 174 reducing their positions, and 49 closing their positions.
35% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 49
1% more funds holding
Funds holding: 468 → 475 (+7)
0.95% more ownership
Funds ownership: 78.99% → 79.94% (+0.95%)
6% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 174
11% less capital invested
Capital invested by funds: $4.48B → $3.99B (-$499M)
53% less call options, than puts
Call options by funds: $3.97M | Put options by funds: $8.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$114M |
| 2 |
Brown Advisory
Baltimore,
Maryland
|
+$17M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$15.1M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$14.3M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$14.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$42M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$39.7M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
-$30.5M |
| 4 |
Millennium Management
New York
|
-$18.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.9M |
SON Hedge Fund Activity: Q2 2024 in Review
475 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Sonoco (SON) for Q2 2024, worth a combined $3.99B — down 11% from $4.48B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new SON positions and 49 closed out — a net gain of 17 holders — while 163 added to existing stakes and 174 trimmed.
The largest buyer was Pacer Advisors, adding an estimated $114M. The largest seller was Royal Bank of Canada, cutting an estimated $42M.
- 475 institutional investors held Sonoco (SON) as of Q2 2024, up from 468 in Q1 2024.
- Funds reported $3.99B of Sonoco stock for Q2 2024, down 11% quarter-over-quarter.
- 66 funds opened new Sonoco positions in Q2 2024 and 49 closed out, a net change of +17 holders.
- The largest Sonoco buyer in Q2 2024 was Pacer Advisors, an estimated $114M added.
- The largest Sonoco seller in Q2 2024 was Royal Bank of Canada, an estimated $42M sold.
Based on aggregated 13F filings for Q2 2024.