Suburban Propane Partners
171 hedge funds and large institutions have $892M invested in Suburban Propane Partners in 2015 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 46 reducing their positions, and 22 closing their positions.
54% more call options, than puts
Call options by funds: $5.04M | Put options by funds: $3.28M
11% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 46
1% less ownership
Funds ownership: 37.97% → 36.98% (-1%)
3% less funds holding
Funds holding: 177 → 171 (-6)
10% less capital invested
Capital invested by funds: $987M → $892M (-$94.9M)
23% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MLICM
Metropolitan Life Insurance Company (MetLife)
New York
|
+$7.62M |
| 2 |
CNB
City National Bank
Beverly Hills,
Delaware
|
+$4.72M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.24M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$2.93M |
| 5 |
Renaissance Technologies
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$13.5M |
| 2 |
Neuberger Berman Group
New York
|
-$12.9M |
| 3 |
EAM
Edge Asset Management
Seattle,
Washington
|
-$4.1M |
| 4 |
Rafferty Asset Management
New York
|
-$3.5M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$3.4M |
SPH Hedge Fund Activity: Q2 2015 in Review
171 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q2 2015, worth a combined $892M — down 9.6% from $987M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SPH and 17 opened new positions — a net loss of 5 holders — while 46 trimmed existing stakes and 51 added.
The largest buyer was Metropolitan Life Insurance Company (MetLife), opening a new position worth an estimated $7.62M. The largest seller was Credit Suisse, cutting an estimated $13.5M.
- 171 institutional investors held Suburban Propane Partners (SPH) as of Q2 2015, down from 177 in Q1 2015.
- Funds reported $892M of Suburban Propane Partners stock for Q2 2015, down 9.6% quarter-over-quarter.
- 17 funds opened new Suburban Propane Partners positions in Q2 2015 and 22 closed out, a net change of -5 holders.
- The largest Suburban Propane Partners buyer in Q2 2015 was Metropolitan Life Insurance Company (MetLife), an estimated $7.62M added.
- The largest Suburban Propane Partners seller in Q2 2015 was Credit Suisse, an estimated $13.5M sold.
Based on aggregated 13F filings for Q2 2015.