Suncor Energy
596 hedge funds and large institutions have $32.4B invested in Suncor Energy in 2024 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 205 increasing their positions, 222 reducing their positions, and 55 closing their positions.
31% more call options, than puts
Call options by funds: $527M | Put options by funds: $403M
23% more capital invested
Capital invested by funds: $26.2B → $32.4B (+$6.16B)
20% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 55
14% more funds holding in top 10
Funds holding in top 10: 21 → 24 (+3)
4.91% more ownership
Funds ownership: 62.75% → 67.66% (+4.9%)
1% more funds holding
Funds holding: 591 → 596 (+5)
8% less repeat investments, than reductions
Existing positions increased: 205 | Existing positions reduced: 222
Top Buyers
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$312M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$158M |
| 3 |
ClearBridge Investments
New York
|
-$146M |
| 4 |
Dodge & Cox
San Francisco,
California
|
-$128M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$127M |
SU Hedge Fund Activity: Q1 2024 in Review
596 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Suncor Energy (SU) for Q1 2024, worth a combined $32.4B — up 23% from $26.2B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new SU positions and 55 closed out — a net gain of 11 holders — while 205 added to existing stakes and 222 trimmed.
The largest buyer was Elliott Investment Management, adding an estimated $1.44B. The largest seller was Morgan Stanley, cutting an estimated $312M.
- 596 institutional investors held Suncor Energy (SU) as of Q1 2024, up from 591 in Q4 2023.
- Funds reported $32.4B of Suncor Energy stock for Q1 2024, up 23% quarter-over-quarter.
- 66 funds opened new Suncor Energy positions in Q1 2024 and 55 closed out, a net change of +11 holders.
- The largest Suncor Energy buyer in Q1 2024 was Elliott Investment Management, an estimated $1.44B added.
- The largest Suncor Energy seller in Q1 2024 was Morgan Stanley, an estimated $312M sold.
Based on aggregated 13F filings for Q1 2024.