We are live on ! Find out more
SPH icon

Suburban Propane Partners
SPH

150 hedge funds and large institutions have $249M invested in Suburban Propane Partners in 2020 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 40 increasing their positions, 41 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more call options, than puts

Call options by funds: $1.75M | Put options by funds: $1.53M

2% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 41

1.98% less ownership

Funds ownership: 30.4% → 28.42% (-2%)

6% less funds holding

Funds holding: 159 → 150 (-9)

24% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 25

40% less capital invested

Capital invested by funds: $412M → $249M (-$163M)

Holders
150
Holders Change
-9
Holders Change %
-5.66%
% of All Funds
3.31%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
19
Increased
40
Reduced
41
Closed
25
Calls
$1.75M
Puts
$1.53M
Net Calls
+$212K
Net Calls Change
-$516K

Top Buyers

1
SOMRS
State of Michigan Retirement System
Michigan
+$11.9M
2
UBS Group
UBS Group
Switzerland
+$8.82M
3
MHI
Miller Howard Investments
New York
+$4.27M
4
Bank of Montreal
Bank of Montreal
Ontario, Canada
+$3.57M
5
LCS
Levin Capital Strategies
New York
+$2.28M

Top Sellers

1
Goldman Sachs
Goldman Sachs
New York
-$10.7M
2
ACM
Abrams Capital Management
Massachusetts
-$6.23M
3
Invesco
Invesco
Georgia
-$4.91M
4
ClearBridge Investments
ClearBridge Investments
New York
-$4.8M
5
Morgan Stanley
Morgan Stanley
New York
-$4.59M
Name Holding Trade Value Shares
Change 		Change in
Stake
CP
76
Corbenic Partners
Pennsylvania
$98K – – –
AA
77
AlphaMark Advisors
Kentucky
$97K +$28.2K +1,450 +27%
CAPTRUST Financial Advisors
78
CAPTRUST Financial Advisors
North Carolina
$84K +$123K +6,335 New
CPA
79
Cowen Prime Advisors
New York
$71K – – –
GWM
80
Geneos Wealth Management
Colorado
$68K -$1.94K -100 -2%
SFPG
81
Stonebridge Financial Planning Group
Florida
$47K +$70K +3,600 New
First Manhattan
82
First Manhattan
New York
$39K – – –
ZB
83
Zions Bancorporation
Utah
$36K +$49.9K +2,570 New
FANJ
84
Financial Architects (New Jersey)
New Jersey
$35K – – –
CFGS
85
Concourse Financial Group Securities
Alabama
$32K -$2.72K -140 -6%
AF
86
Allworth Financial
California
$31K – – –
MCM
87
McMillion Capital Management
North Carolina
$31K +$5.83K +300 +16%
Northwestern Mutual Wealth Management
88
Northwestern Mutual Wealth Management
Wisconsin
$31K +$8.71K +448 +25%
AIC
89
Ameritas Investment Company
Nebraska
$31K +$44.4K +2,284 New
ASN
90
Advisory Services Network
Georgia
$23K -$13.2K -677 -30%
GRP
91
Global Retirement Partners
California
$23K – – –
OIA
92
Optimum Investment Advisors
Illinois
$20K – – –
RMC
93
Resources Management Corp
Connecticut
$20K – – –
CFB
94
Cullen/Frost Bankers
Texas
$18K -$20.3K -1,045 -45%
SIM
95
Sonora Investment Management
Arizona
$18K – – –
APWM
96
Atlas Private Wealth Management
New York
$16K +$19 +1 +0.1%
CAC
97
Certified Advisory Corp
Florida
$15K -$2.45K -126 -11%
AC
98
AlphaCore Capital
California
$15K +$21.2K +1,090 New
BBHC
99
Brown Brothers Harriman & Co
New York
$14K – – –
CFG
100
Citizens Financial Group
Rhode Island
$14K – – –
2 3
4
5 6

SPH Hedge Fund Activity: Q1 2020 in Review

150 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2020, worth a combined $249M — down 40% from $412M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of SPH and 19 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 40 added.

The largest buyer was State of Michigan Retirement System, opening a new position worth an estimated $11.9M. The largest seller was Goldman Sachs, cutting an estimated $10.7M.

  • 150 institutional investors held Suburban Propane Partners (SPH) as of Q1 2020, down from 159 in Q4 2019.
  • Funds reported $249M of Suburban Propane Partners stock for Q1 2020, down 40% quarter-over-quarter.
  • 19 funds opened new Suburban Propane Partners positions in Q1 2020 and 25 closed out, a net change of -6 holders.
  • The largest Suburban Propane Partners buyer in Q1 2020 was State of Michigan Retirement System, an estimated $11.9M added.
  • The largest Suburban Propane Partners seller in Q1 2020 was Goldman Sachs, an estimated $10.7M sold.

Based on aggregated 13F filings for Q1 2020.