Suburban Propane Partners
127 hedge funds and large institutions have $226M invested in Suburban Propane Partners in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 20 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
0.48% less ownership
Funds ownership: 23.98% → 23.5% (-0.48%)
1% less funds holding
Funds holding: 128 → 127 (-1)
2% less capital invested
Capital invested by funds: $230M → $226M (-$4.38M)
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
41% less call options, than puts
Call options by funds: $5.09M | Put options by funds: $8.64M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
+$9.28M |
| 2 |
N
Natixis
Paris,
France
|
+$8.37M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$7.65M |
| 4 |
JP Morgan Chase
New York
|
+$6.43M |
| 5 |
GCP
GSA Capital Partners
London,
United Kingdom
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.92M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
-$7.42M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$4.64M |
| 5 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$3.91M |
SPH Hedge Fund Activity: Q3 2021 in Review
127 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2021, worth a combined $226M — down 1.9% from $230M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SPH and 19 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 30 added.
The largest buyer was Bowen Hanes & Co, opening a new position worth an estimated $9.28M. The largest seller was Morgan Stanley, cutting an estimated $13.5M.
- 127 institutional investors held Suburban Propane Partners (SPH) as of Q3 2021, down from 128 in Q2 2021.
- Funds reported $226M of Suburban Propane Partners stock for Q3 2021, down 1.9% quarter-over-quarter.
- 19 funds opened new Suburban Propane Partners positions in Q3 2021 and 20 closed out, a net change of -1 holder.
- The largest Suburban Propane Partners buyer in Q3 2021 was Bowen Hanes & Co, an estimated $9.28M added.
- The largest Suburban Propane Partners seller in Q3 2021 was Morgan Stanley, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2021.