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Suburban Propane Partners

133 hedge funds and large institutions have $414M invested in Suburban Propane Partners in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $373M → $414M (+$41.4M)

0.33% more ownership

Funds ownership: 25.62%25.95% (+0.33%)

7% less funds holding

Funds holding: 143133 (-10)

14% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 42

50% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 18

81% less call options, than puts

Call options by funds: $3.63M | Put options by funds: $18.6M

Holders
133
Holders Change
-10
Holders Change %
-6.99%
% of All Funds
3.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
36
Reduced
42
Closed
18
Calls
$3.63M
Puts
$18.6M
Net Calls
-$15M
Net Calls Change
+$22.5M
Name Holding Trade Value Shares
Change
Change in
Stake
O
1
OppenheimerFunds
New York
$121M -$1.73M -70,646 -2%
Goldman Sachs
2
Goldman Sachs
New York
$27.9M +$2.46M +100,674 +10%
JP Morgan Chase
3
JP Morgan Chase
New York
$27.5M +$7.69M +314,973 +42%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$27.2M -$4.41M -180,553 -15%
UBS Group
5
UBS Group
Switzerland
$20.7M +$9.18M +375,900 +90%
ClearBridge Investments
6
ClearBridge Investments
New York
$18.5M -$4.81M -196,803 -22%
ACM
7
Abrams Capital Management
Massachusetts
$17.8M +$7.17M +293,445 +75%
Morgan Stanley
8
Morgan Stanley
New York
$15.3M +$595K +24,362 +4%
Bank of America
9
Bank of America
North Carolina
$12.3M -$181K -7,391 -2%
NIM
10
NXG Investment Management
Texas
$11.4M -$7.33M -300,000 -41%
IG
11
ING Group
Netherlands
$11.2M +$7.89M +323,000 +300%
Citigroup
12
Citigroup
New York
$7.65M +$6.7M +274,389 +1,466%
CIBC Private Wealth Group
13
CIBC Private Wealth Group
Georgia
$6.34M +$704K +28,800 +13%
Bank of Montreal
14
Bank of Montreal
Ontario, Canada
$5.5M -$2.48M -101,390 -32%
MHI
15
Miller Howard Investments
New York
$5.36M -$311K -12,718 -6%
BHC
16
Bowen Hanes & Co
Florida
$5.23M
Federated Hermes
17
Federated Hermes
Pennsylvania
$4.88M +$234K +9,585 +5%
Cohen & Steers
18
Cohen & Steers
New York
$4.76M
Wells Fargo
19
Wells Fargo
California
$4.31M +$2.91K +119 +0.1%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$4.12M +$38.7K +1,586 +1%
VanEck Associates
21
VanEck Associates
New York
$3.68M -$295K -12,088 -8%
HHAM
22
HITE Hedge Asset Management
Massachusetts
$3.53M -$4.64M -189,763 -58%
Rafferty Asset Management
23
Rafferty Asset Management
New York
$3.06M -$180K -7,376 -6%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$2.68M +$2.51M +102,737 New
California Public Employees Retirement System
25
California Public Employees Retirement System
California
$2.48M +$135K +5,516 +6%

SPH Hedge Fund Activity: Q3 2017 in Review

133 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2017, worth a combined $414M — up 11% from $373M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of SPH and 9 opened new positions — a net loss of 9 holders — while 42 trimmed existing stakes and 36 added.

The largest buyer was UBS Group, adding an estimated $9.18M. The largest seller was NXG Investment Management, cutting an estimated $7.33M.

  • 133 institutional investors held Suburban Propane Partners (SPH) as of Q3 2017, down from 143 in Q2 2017.
  • Funds reported $414M of Suburban Propane Partners stock for Q3 2017, up 11% quarter-over-quarter.
  • 9 funds opened new Suburban Propane Partners positions in Q3 2017 and 18 closed out, a net change of -9 holders.
  • The largest Suburban Propane Partners buyer in Q3 2017 was UBS Group, an estimated $9.18M added.
  • The largest Suburban Propane Partners seller in Q3 2017 was NXG Investment Management, an estimated $7.33M sold.

Based on aggregated 13F filings for Q3 2017.