Suburban Propane Partners
167 hedge funds and large institutions have $371M invested in Suburban Propane Partners in 2018 Q4 according to their latest regulatory filings, with 34 funds opening new positions, 38 increasing their positions, 40 reducing their positions, and 24 closing their positions.
42% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 24
5% more funds holding
Funds holding: 159 → 167 (+8)
0.59% more ownership
Funds ownership: 30.59% → 31.17% (+0.59%)
5% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 40
16% less capital invested
Capital invested by funds: $442M → $371M (-$71.5M)
85% less call options, than puts
Call options by funds: $2.21M | Put options by funds: $14.9M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$11.2M |
| 2 |
Goldman Sachs
New York
|
+$7.13M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.59M |
| 4 |
Morgan Stanley
New York
|
+$6.2M |
| 5 |
Citigroup
New York
|
+$5.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$27.5M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$8.37M |
| 3 |
SG Americas Securities
New York
|
-$2.84M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.11M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.54M |
SPH Hedge Fund Activity: Q4 2018 in Review
167 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q4 2018, worth a combined $371M — down 16% from $442M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new SPH positions and 24 closed out — a net gain of 10 holders — while 38 added to existing stakes and 40 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $11.2M. The largest seller was JP Morgan Chase, cutting an estimated $27.5M.
- 167 institutional investors held Suburban Propane Partners (SPH) as of Q4 2018, up from 159 in Q3 2018.
- Funds reported $371M of Suburban Propane Partners stock for Q4 2018, down 16% quarter-over-quarter.
- 34 funds opened new Suburban Propane Partners positions in Q4 2018 and 24 closed out, a net change of +10 holders.
- The largest Suburban Propane Partners buyer in Q4 2018 was OppenheimerFunds, an estimated $11.2M added.
- The largest Suburban Propane Partners seller in Q4 2018 was JP Morgan Chase, an estimated $27.5M sold.
Based on aggregated 13F filings for Q4 2018.