Suburban Propane Partners
185 hedge funds and large institutions have $996M invested in Suburban Propane Partners in 2013 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 49 increasing their positions, 45 reducing their positions, and 18 closing their positions.
112% more call options, than puts
Call options by funds: $8.07M | Put options by funds: $3.81M
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
2% more funds holding
Funds holding: 181 → 185 (+4)
9% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 45
2.27% less ownership
Funds ownership: 37.47% → 35.2% (-2.3%)
6% less capital invested
Capital invested by funds: $1.06B → $996M (-$60.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.6M |
| 2 |
Neuberger Berman Group
New York
|
+$10.7M |
| 3 |
CNB
City National Bank
Beverly Hills,
Delaware
|
+$2.5M |
| 4 |
Morgan Stanley
New York
|
+$2.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.77M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$37.8M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$24.9M |
| 3 |
O
OppenheimerFunds
New York
|
-$20.3M |
| 4 |
First Eagle Investment Management
New York
|
-$10.9M |
| 5 |
JP Morgan Chase
New York
|
-$8.91M |
SPH Hedge Fund Activity: Q4 2013 in Review
185 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q4 2013, worth a combined $996M — down 5.8% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SPH positions and 18 closed out — a net gain of 9 holders — while 49 added to existing stakes and 45 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.6M. The largest seller was First Trust Advisors, exiting entirely with an estimated $37.8M sold.
- 185 institutional investors held Suburban Propane Partners (SPH) as of Q4 2013, up from 181 in Q3 2013.
- Funds reported $996M of Suburban Propane Partners stock for Q4 2013, down 5.8% quarter-over-quarter.
- 27 funds opened new Suburban Propane Partners positions in Q4 2013 and 18 closed out, a net change of +9 holders.
- The largest Suburban Propane Partners buyer in Q4 2013 was Goldman Sachs, an estimated $11.6M added.
- The largest Suburban Propane Partners seller in Q4 2013 was First Trust Advisors, an estimated $37.8M sold.
Based on aggregated 13F filings for Q4 2013.