Suburban Propane Partners
181 hedge funds and large institutions have $1.06B invested in Suburban Propane Partners in 2013 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 38 reducing their positions, and 23 closing their positions.
107% more call options, than puts
Call options by funds: $9.74M | Put options by funds: $4.71M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
61% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 38
13% more capital invested
Capital invested by funds: $933M → $1.06B (+$124M)
3.9% more ownership
Funds ownership: 33.57% → 37.47% (+3.9%)
3% less funds holding
Funds holding: 187 → 181 (-6)
17% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$57.5M |
| 2 |
Neuberger Berman Group
New York
|
+$35.4M |
| 3 |
ClearBridge Investments
New York
|
+$13.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$7.84M |
| 5 |
Nomura Asset Management
Tokyo,
Japan
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$14.8M |
| 2 |
Morgan Stanley
New York
|
-$8.6M |
| 3 |
Mariner
Overland Park,
Kansas
|
-$6.04M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.77M |
| 5 |
Bank of New York Mellon
New York
|
-$1.29M |
SPH Hedge Fund Activity: Q3 2013 in Review
181 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2013, worth a combined $1.06B — up 13% from $933M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of SPH and 19 opened new positions — a net loss of 4 holders — while 38 trimmed existing stakes and 61 added.
The largest buyer was OppenheimerFunds, adding an estimated $57.5M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $14.8M sold.
- 181 institutional investors held Suburban Propane Partners (SPH) as of Q3 2013, down from 187 in Q2 2013.
- Funds reported $1.06B of Suburban Propane Partners stock for Q3 2013, up 13% quarter-over-quarter.
- 19 funds opened new Suburban Propane Partners positions in Q3 2013 and 23 closed out, a net change of -4 holders.
- The largest Suburban Propane Partners buyer in Q3 2013 was OppenheimerFunds, an estimated $57.5M added.
- The largest Suburban Propane Partners seller in Q3 2013 was Allianz Asset Management, an estimated $14.8M sold.
Based on aggregated 13F filings for Q3 2013.