Suburban Propane Partners
165 hedge funds and large institutions have $419M invested in Suburban Propane Partners in 2017 Q4 according to their latest regulatory filings, with 47 funds opening new positions, 35 increasing their positions, 44 reducing their positions, and 13 closing their positions.
262% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 13
24% more funds holding
Funds holding: 133 → 165 (+32)
2.24% more ownership
Funds ownership: 25.95% → 28.19% (+2.2%)
1% more capital invested
Capital invested by funds: $414M → $419M (+$5.08M)
20% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 44
42% less call options, than puts
Call options by funds: $7.6M | Put options by funds: $13.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$20.5M |
| 2 |
Citigroup
New York
|
+$15.3M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$12.9M |
| 4 |
JP Morgan Chase
New York
|
+$11.1M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$14.4M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$11.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$11.1M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
-$9.6M |
| 5 |
O
OppenheimerFunds
New York
|
-$7.87M |
SPH Hedge Fund Activity: Q4 2017 in Review
165 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q4 2017, worth a combined $419M — up 1.2% from $414M a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SPH positions and 13 closed out — a net gain of 34 holders — while 35 added to existing stakes and 44 trimmed.
The largest buyer was Abrams Capital Management, adding an estimated $20.5M. The largest seller was UBS Group, cutting an estimated $14.4M.
- 165 institutional investors held Suburban Propane Partners (SPH) as of Q4 2017, up from 133 in Q3 2017.
- Funds reported $419M of Suburban Propane Partners stock for Q4 2017, up 1.2% quarter-over-quarter.
- 47 funds opened new Suburban Propane Partners positions in Q4 2017 and 13 closed out, a net change of +34 holders.
- The largest Suburban Propane Partners buyer in Q4 2017 was Abrams Capital Management, an estimated $20.5M added.
- The largest Suburban Propane Partners seller in Q4 2017 was UBS Group, an estimated $14.4M sold.
Based on aggregated 13F filings for Q4 2017.