Suburban Propane Partners
119 hedge funds and large institutions have $382M invested in Suburban Propane Partners in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 36 increasing their positions, 25 reducing their positions, and 20 closing their positions.
108% more call options, than puts
Call options by funds: $5.72M | Put options by funds: $2.75M
44% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 25
8% more capital invested
Capital invested by funds: $353M → $382M (+$29.5M)
1.79% less ownership
Funds ownership: 31.05% → 29.25% (-1.8%)
9% less funds holding
Funds holding: 131 → 119 (-12)
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$11.7M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$3.2M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.15M |
| 4 |
ICA
Infrastructure Capital Advisors
New York
|
+$913K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$868K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$13.6M |
| 2 |
Jane Street
New York
|
-$8.36M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
-$3.7M |
| 4 |
LCS
Levin Capital Strategies
New York
|
-$3.22M |
| 5 |
ClearBridge Investments
New York
|
-$1.82M |
SPH Hedge Fund Activity: Q1 2024 in Review
119 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Suburban Propane Partners (SPH) for Q1 2024, worth a combined $382M — up 8.3% from $353M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of SPH and 11 opened new positions — a net loss of 9 holders — while 25 trimmed existing stakes and 36 added.
The largest buyer was JP Morgan Chase, adding an estimated $11.7M. The largest seller was Mirae Asset Global Investments, cutting an estimated $13.6M.
- 119 institutional investors held Suburban Propane Partners (SPH) as of Q1 2024, down from 131 in Q4 2023.
- Funds reported $382M of Suburban Propane Partners stock for Q1 2024, up 8.3% quarter-over-quarter.
- 11 funds opened new Suburban Propane Partners positions in Q1 2024 and 20 closed out, a net change of -9 holders.
- The largest Suburban Propane Partners buyer in Q1 2024 was JP Morgan Chase, an estimated $11.7M added.
- The largest Suburban Propane Partners seller in Q1 2024 was Mirae Asset Global Investments, an estimated $13.6M sold.
Based on aggregated 13F filings for Q1 2024.