Suburban Propane Partners
128 hedge funds and large institutions have $230M invested in Suburban Propane Partners in 2021 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 25 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
4.38% less ownership
Funds ownership: 28.36% → 23.98% (-4.4%)
6% less funds holding
Funds holding: 136 → 128 (-8)
12% less capital invested
Capital invested by funds: $263M → $230M (-$32.7M)
17% less call options, than puts
Call options by funds: $4.81M | Put options by funds: $5.8M
28% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$3.81M |
| 2 |
Morgan Stanley
New York
|
+$2.48M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$1.92M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.34M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$34M |
| 2 |
Goldman Sachs
New York
|
-$10.1M |
| 3 |
N
Natixis
Paris,
France
|
-$7.91M |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$1.88M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAMG
151
Brand Asset Management Group
Chesterfield,
Missouri
| – | -$1K | -51 | Closed |
|
152
Fidelity Investments
Boston,
Massachusetts
| – | +$15 | +1 | New |
|
|
GI
153
Gradient Investments
Arden Hills,
Minnesota
| – | +$45 | +3 | New |
|
SPH Hedge Fund Activity: Q2 2021 in Review
128 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q2 2021, worth a combined $230M — down 12% from $263M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SPH and 18 opened new positions — a net loss of 7 holders — while 26 trimmed existing stakes and 37 added.
The largest buyer was CIBC Private Wealth Group, opening a new position worth an estimated $3.81M. The largest seller was Invesco, cutting an estimated $34M.
- 128 institutional investors held Suburban Propane Partners (SPH) as of Q2 2021, down from 136 in Q1 2021.
- Funds reported $230M of Suburban Propane Partners stock for Q2 2021, down 12% quarter-over-quarter.
- 18 funds opened new Suburban Propane Partners positions in Q2 2021 and 25 closed out, a net change of -7 holders.
- The largest Suburban Propane Partners buyer in Q2 2021 was CIBC Private Wealth Group, an estimated $3.81M added.
- The largest Suburban Propane Partners seller in Q2 2021 was Invesco, an estimated $34M sold.
Based on aggregated 13F filings for Q2 2021.