Suburban Propane Partners
163 hedge funds and large institutions have $430M invested in Suburban Propane Partners in 2019 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 39 reducing their positions, and 29 closing their positions.
16% more capital invested
Capital invested by funds: $371M → $430M (+$59.9M)
10% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 39
0.02% less ownership
Funds ownership: 31.17% → 31.15% (-0.02%)
4% less call options, than puts
Call options by funds: $3.13M | Put options by funds: $3.26M
2% less funds holding
Funds holding: 167 → 163 (-4)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$25.9M |
| 2 |
Cohen & Steers
New York
|
+$4.39M |
| 3 |
Goldman Sachs
New York
|
+$4.33M |
| 4 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$3.68M |
| 5 |
MOACM
Mutual of America Capital Management
New York
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$11.6M |
| 2 |
Morgan Stanley
New York
|
-$10.2M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$5.85M |
| 4 |
Citigroup
New York
|
-$4.33M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.03M |
SPH Hedge Fund Activity: Q1 2019 in Review
163 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2019, worth a combined $430M — up 16% from $371M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of SPH and 26 opened new positions — a net loss of 3 holders — while 39 trimmed existing stakes and 43 added.
The largest buyer was OppenheimerFunds, adding an estimated $25.9M. The largest seller was CIBC Private Wealth Group, cutting an estimated $11.6M.
- 163 institutional investors held Suburban Propane Partners (SPH) as of Q1 2019, down from 167 in Q4 2018.
- Funds reported $430M of Suburban Propane Partners stock for Q1 2019, up 16% quarter-over-quarter.
- 26 funds opened new Suburban Propane Partners positions in Q1 2019 and 29 closed out, a net change of -3 holders.
- The largest Suburban Propane Partners buyer in Q1 2019 was OppenheimerFunds, an estimated $25.9M added.
- The largest Suburban Propane Partners seller in Q1 2019 was CIBC Private Wealth Group, an estimated $11.6M sold.
Based on aggregated 13F filings for Q1 2019.