Suburban Propane Partners
136 hedge funds and large institutions have $207M invested in Suburban Propane Partners in 2023 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 24 reducing their positions, and 13 closing their positions.
79% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 24
49% more call options, than puts
Call options by funds: $3.46M | Put options by funds: $2.32M
26% more capital invested
Capital invested by funds: $165M → $207M (+$42.6M)
2.81% more ownership
Funds ownership: 17.53% → 20.34% (+2.8%)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
2% less funds holding
Funds holding: 139 → 136 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.7M |
| 2 |
Morgan Stanley
New York
|
+$5.7M |
| 3 |
Jane Street
New York
|
+$4.3M |
| 4 |
JP Morgan Chase
New York
|
+$3.63M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
-$1.54M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$971K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$855K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$469K |
| 5 |
AA
ALPS Advisors
Denver,
Colorado
|
-$311K |
SPH Hedge Fund Activity: Q3 2023 in Review
136 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q3 2023, worth a combined $207M — up 26% from $165M a quarter earlier.
Fund positioning in SPH was balanced in Q3 2023: 13 funds opened new positions, 13 closed out, 43 added to existing stakes and 24 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $7.7M. The largest seller was Natixis, cutting an estimated $1.54M.
- 136 institutional investors held Suburban Propane Partners (SPH) as of Q3 2023, down from 139 in Q2 2023.
- Funds reported $207M of Suburban Propane Partners stock for Q3 2023, up 26% quarter-over-quarter.
- 13 funds opened new Suburban Propane Partners positions in Q3 2023 and 13 closed out, a net change of 0 holders.
- The largest Suburban Propane Partners buyer in Q3 2023 was Susquehanna International Group, an estimated $7.7M added.
- The largest Suburban Propane Partners seller in Q3 2023 was Natixis, an estimated $1.54M sold.
Based on aggregated 13F filings for Q3 2023.