Suncor Energy
593 hedge funds and large institutions have $26B invested in Suncor Energy in 2023 Q4 according to their latest regulatory filings, with 81 funds opening new positions, 185 increasing their positions, 234 reducing their positions, and 48 closing their positions.
69% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 48
4% more funds holding
Funds holding: 569 → 593 (+24)
10% more call options, than puts
Call options by funds: $432M | Put options by funds: $394M
0.63% more ownership
Funds ownership: 61.44% → 62.07% (+0.63%)
6% less capital invested
Capital invested by funds: $27.6B → $26B (-$1.69B)
21% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 234
30% less funds holding in top 10
Funds holding in top 10: 30 → 21 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$223M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$157M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$155M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$151M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$255M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$134M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$102M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$97.4M |
| 5 |
Healthcare of Ontario Pension Plan (HOOPP) Trust Fund
Toronto,
Ontario, Canada
|
-$95.1M |
SU Hedge Fund Activity: Q4 2023 in Review
593 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Suncor Energy (SU) for Q4 2023, worth a combined $26B — down 6.1% from $27.6B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new SU positions and 48 closed out — a net gain of 33 holders — while 185 added to existing stakes and 234 trimmed.
The largest buyer was CIBC World Market, adding an estimated $223M. The largest seller was Arrowstreet Capital, cutting an estimated $255M.
- 593 institutional investors held Suncor Energy (SU) as of Q4 2023, up from 569 in Q3 2023.
- Funds reported $26B of Suncor Energy stock for Q4 2023, down 6.1% quarter-over-quarter.
- 81 funds opened new Suncor Energy positions in Q4 2023 and 48 closed out, a net change of +33 holders.
- The largest Suncor Energy buyer in Q4 2023 was CIBC World Market, an estimated $223M added.
- The largest Suncor Energy seller in Q4 2023 was Arrowstreet Capital, an estimated $255M sold.
Based on aggregated 13F filings for Q4 2023.