Suburban Propane Partners
163 hedge funds and large institutions have $558M invested in Suburban Propane Partners in 2016 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 40 increasing their positions, 52 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
12% more capital invested
Capital invested by funds: $497M → $558M (+$60.2M)
0% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 20
1% less funds holding
Funds holding: 165 → 163 (-2)
3.1% less ownership
Funds ownership: 33.8% → 30.7% (-3.1%)
23% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 52
47% less call options, than puts
Call options by funds: $8.72M | Put options by funds: $16.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$15.6M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$10.5M |
| 3 |
O
OppenheimerFunds
New York
|
+$10.5M |
| 4 |
WC
Walthausen & Co
Malta,
New York
|
+$9.73M |
| 5 |
GXMC
Global X Management Company
New York
|
+$5.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$33.4M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$24.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$10.7M |
| 4 |
Renaissance Technologies
New York
|
-$8.88M |
| 5 |
Morgan Stanley
New York
|
-$8.26M |
SPH Hedge Fund Activity: Q1 2016 in Review
163 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2016, worth a combined $558M — up 12% from $497M a quarter earlier.
Fund positioning in SPH was balanced in Q1 2016: 20 funds opened new positions, 20 closed out, 40 added to existing stakes and 52 trimmed.
The largest buyer was Energy Income Partners, adding an estimated $15.6M. The largest seller was Neuberger Berman Group, cutting an estimated $33.4M.
- 163 institutional investors held Suburban Propane Partners (SPH) as of Q1 2016, down from 165 in Q4 2015.
- Funds reported $558M of Suburban Propane Partners stock for Q1 2016, up 12% quarter-over-quarter.
- 20 funds opened new Suburban Propane Partners positions in Q1 2016 and 20 closed out, a net change of 0 holders.
- The largest Suburban Propane Partners buyer in Q1 2016 was Energy Income Partners, an estimated $15.6M added.
- The largest Suburban Propane Partners seller in Q1 2016 was Neuberger Berman Group, an estimated $33.4M sold.
Based on aggregated 13F filings for Q1 2016.