Suburban Propane Partners
165 hedge funds and large institutions have $497M invested in Suburban Propane Partners in 2015 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 40 increasing their positions, 50 reducing their positions, and 34 closing their positions.
1.16% less ownership
Funds ownership: 34.96% → 33.8% (-1.2%)
4% less funds holding
Funds holding: 171 → 165 (-6)
12% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 34
20% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 50
29% less capital invested
Capital invested by funds: $696M → $497M (-$198M)
84% less call options, than puts
Call options by funds: $2.67M | Put options by funds: $16.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$34M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$17.8M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$16.2M |
| 4 |
Morgan Stanley
New York
|
+$9.52M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$65.8M |
| 2 |
O
OppenheimerFunds
New York
|
-$32.7M |
| 3 |
JP Morgan Chase
New York
|
-$2.38M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.28M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$1.45M |
SPH Hedge Fund Activity: Q4 2015 in Review
165 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q4 2015, worth a combined $497M — down 29% from $696M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of SPH and 30 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 40 added.
The largest buyer was Royal Bank of Canada, adding an estimated $34M. The largest seller was Neuberger Berman Group, cutting an estimated $65.8M.
- 165 institutional investors held Suburban Propane Partners (SPH) as of Q4 2015, down from 171 in Q3 2015.
- Funds reported $497M of Suburban Propane Partners stock for Q4 2015, down 29% quarter-over-quarter.
- 30 funds opened new Suburban Propane Partners positions in Q4 2015 and 34 closed out, a net change of -4 holders.
- The largest Suburban Propane Partners buyer in Q4 2015 was Royal Bank of Canada, an estimated $34M added.
- The largest Suburban Propane Partners seller in Q4 2015 was Neuberger Berman Group, an estimated $65.8M sold.
Based on aggregated 13F filings for Q4 2015.