Suburban Propane Partners
SPH
133 hedge funds and large institutions have $414M invested in Suburban Propane Partners in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 18 closing their positions.
11% more capital invested
Capital invested by funds: $373M → $414M (+$41.4M)
0.33% more ownership
Funds ownership: 25.62% → 25.95% (+0.33%)
7% less funds holding
Funds holding: 143 → 133 (-10)
14% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 42
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
81% less call options, than puts
Call options by funds: $3.63M | Put options by funds: $18.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.18M |
| 2 |
IG
ING Group
Amsterdam,
Netherlands
|
+$7.89M |
| 3 |
JP Morgan Chase
New York
|
+$7.69M |
| 4 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$7.17M |
| 5 |
Citigroup
New York
|
+$6.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$7.33M |
| 2 |
Neuberger Berman Group
New York
|
-$5.82M |
| 3 |
ClearBridge Investments
New York
|
-$4.81M |
| 4 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$4.64M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.41M |
SPH Hedge Fund Activity: Q3 2017 in Review
133 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2017, worth a combined $414M — up 11% from $373M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of SPH and 9 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 36 added.
The largest buyer was UBS Group, adding an estimated $9.18M. The largest seller was NXG Investment Management, cutting an estimated $7.33M.
- 133 institutional investors held Suburban Propane Partners (SPH) as of Q3 2017, down from 143 in Q2 2017.
- Funds reported $414M of Suburban Propane Partners stock for Q3 2017, up 11% quarter-over-quarter.
- 9 funds opened new Suburban Propane Partners positions in Q3 2017 and 18 closed out, a net change of -9 holders.
- The largest Suburban Propane Partners buyer in Q3 2017 was UBS Group, an estimated $9.18M added.
- The largest Suburban Propane Partners seller in Q3 2017 was NXG Investment Management, an estimated $7.33M sold.
Based on aggregated 13F filings for Q3 2017.