Suburban Propane Partners
139 hedge funds and large institutions have $165M invested in Suburban Propane Partners in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 35 reducing their positions, and 14 closing their positions.
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% less ownership
Funds ownership: 17.53% → 17.53% (-0%)
1% less funds holding
Funds holding: 140 → 139 (-1)
2% less capital invested
Capital invested by funds: $168M → $165M (-$3.35M)
9% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 35
47% less call options, than puts
Call options by funds: $1.95M | Put options by funds: $3.67M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$10.4M |
| 2 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$3.28M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.1M |
| 4 |
Jane Street
New York
|
+$1.32M |
| 5 |
ClearBridge Investments
New York
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.77M |
| 2 |
Goldman Sachs
New York
|
-$4.43M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.69M |
| 4 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$1.57M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$1.47M |
SPH Hedge Fund Activity: Q2 2023 in Review
139 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q2 2023, worth a combined $165M — down 2% from $168M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SPH positions and 14 closed out — a net gain of 1 holder — while 32 added to existing stakes and 35 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $10.4M. The largest seller was Morgan Stanley, cutting an estimated $5.77M.
- 139 institutional investors held Suburban Propane Partners (SPH) as of Q2 2023, down from 140 in Q1 2023.
- Funds reported $165M of Suburban Propane Partners stock for Q2 2023, down 2% quarter-over-quarter.
- 15 funds opened new Suburban Propane Partners positions in Q2 2023 and 14 closed out, a net change of +1 holder.
- The largest Suburban Propane Partners buyer in Q2 2023 was Mirae Asset Global Investments, an estimated $10.4M added.
- The largest Suburban Propane Partners seller in Q2 2023 was Morgan Stanley, an estimated $5.77M sold.
Based on aggregated 13F filings for Q2 2023.