Suburban Propane Partners
136 hedge funds and large institutions have $264M invested in Suburban Propane Partners in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 24 reducing their positions, and 22 closing their positions.
123% more call options, than puts
Call options by funds: $7.46M | Put options by funds: $3.35M
108% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 24
0.29% less ownership
Funds ownership: 28.65% → 28.36% (-0.29%)
1% less capital invested
Capital invested by funds: $268M → $264M (-$3.1M)
7% less funds holding
Funds holding: 147 → 136 (-11)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.73M |
| 2 |
N
Natixis
Paris,
France
|
+$6.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.86M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.52M |
| 5 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$1.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$30M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$4.57M |
| 3 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$1.39M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$575K |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$548K |
SPH Hedge Fund Activity: Q1 2021 in Review
136 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2021, worth a combined $264M — down 1.2% from $268M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of SPH and 14 opened new positions — a net loss of 8 holders — while 24 trimmed existing stakes and 50 added.
The largest buyer was Morgan Stanley, adding an estimated $9.73M. The largest seller was Invesco, cutting an estimated $30M.
- 136 institutional investors held Suburban Propane Partners (SPH) as of Q1 2021, down from 147 in Q4 2020.
- Funds reported $264M of Suburban Propane Partners stock for Q1 2021, down 1.2% quarter-over-quarter.
- 14 funds opened new Suburban Propane Partners positions in Q1 2021 and 22 closed out, a net change of -8 holders.
- The largest Suburban Propane Partners buyer in Q1 2021 was Morgan Stanley, an estimated $9.73M added.
- The largest Suburban Propane Partners seller in Q1 2021 was Invesco, an estimated $30M sold.
Based on aggregated 13F filings for Q1 2021.