Suburban Propane Partners
164 hedge funds and large institutions have $601M invested in Suburban Propane Partners in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 55 increasing their positions, 38 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 38
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
1% more funds holding
Funds holding: 163 → 164 (+1)
0.48% less ownership
Funds ownership: 30.15% → 29.67% (-0.48%)
2% less capital invested
Capital invested by funds: $612M → $601M (-$11.7M)
36% less call options, than puts
Call options by funds: $6.86M | Put options by funds: $10.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WC
Walthausen & Co
Malta,
New York
|
+$6.6M |
| 2 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$5.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.45M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.45M |
| 5 |
Cohen & Steers
New York
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Neuberger Berman Group
New York
|
-$28M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.73M |
| 3 |
Renaissance Technologies
New York
|
-$3.24M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.65M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$965K |
SPH Hedge Fund Activity: Q3 2016 in Review
164 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2016, worth a combined $601M — down 1.9% from $612M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SPH positions and 8 closed out — a net gain of 3 holders — while 55 added to existing stakes and 38 trimmed.
The largest buyer was Walthausen & Co, adding an estimated $6.6M. The largest seller was Neuberger Berman Group, cutting an estimated $28M.
- 164 institutional investors held Suburban Propane Partners (SPH) as of Q3 2016, up from 163 in Q2 2016.
- Funds reported $601M of Suburban Propane Partners stock for Q3 2016, down 1.9% quarter-over-quarter.
- 11 funds opened new Suburban Propane Partners positions in Q3 2016 and 8 closed out, a net change of +3 holders.
- The largest Suburban Propane Partners buyer in Q3 2016 was Walthausen & Co, an estimated $6.6M added.
- The largest Suburban Propane Partners seller in Q3 2016 was Neuberger Berman Group, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2016.