Suburban Propane Partners
159 hedge funds and large institutions have $442M invested in Suburban Propane Partners in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 35 increasing their positions, 51 reducing their positions, and 21 closing their positions.
1.16% more ownership
Funds ownership: 29.43% → 30.59% (+1.2%)
4% more capital invested
Capital invested by funds: $424M → $442M (+$17.6M)
4% less funds holding
Funds holding: 165 → 159 (-6)
24% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 21
31% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 51
87% less call options, than puts
Call options by funds: $2.31M | Put options by funds: $17.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$18.2M |
| 2 |
Goldman Sachs
New York
|
+$6.45M |
| 3 |
ACM
Abrams Capital Management
Boston,
Massachusetts
|
+$3.65M |
| 4 |
SG Americas Securities
New York
|
+$2.82M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$7M |
| 2 |
Morgan Stanley
New York
|
-$2.25M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.56M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.51M |
| 5 |
Renaissance Technologies
New York
|
-$1.27M |
SPH Hedge Fund Activity: Q3 2018 in Review
159 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2018, worth a combined $442M — up 4.1% from $424M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SPH and 16 opened new positions — a net loss of 5 holders — while 51 trimmed existing stakes and 35 added.
The largest buyer was OppenheimerFunds, adding an estimated $18.2M. The largest seller was HITE Hedge Asset Management, cutting an estimated $7M.
- 159 institutional investors held Suburban Propane Partners (SPH) as of Q3 2018, down from 165 in Q2 2018.
- Funds reported $442M of Suburban Propane Partners stock for Q3 2018, up 4.1% quarter-over-quarter.
- 16 funds opened new Suburban Propane Partners positions in Q3 2018 and 21 closed out, a net change of -5 holders.
- The largest Suburban Propane Partners buyer in Q3 2018 was OppenheimerFunds, an estimated $18.2M added.
- The largest Suburban Propane Partners seller in Q3 2018 was HITE Hedge Asset Management, an estimated $7M sold.
Based on aggregated 13F filings for Q3 2018.