Sun Communities
SUI
157 hedge funds and large institutions have $1.32B invested in Sun Communities in 2013 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 70 increasing their positions, 48 reducing their positions, and 16 closing their positions.
46% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 48
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1.1% less ownership
Funds ownership: 86.59% → 85.49% (-1.1%)
1% less funds holding
Funds holding: 159 → 157 (-2)
15% less capital invested
Capital invested by funds: $1.55B → $1.32B (-$230M)
56% less call options, than puts
Call options by funds: $392K | Put options by funds: $887K
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
+$11.1M |
| 2 |
TA
Teachers Advisors
New York
|
+$9.74M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$8.08M |
| 4 |
FMA
Fiduciary Management Associates
Chicago,
Illinois
|
+$7.71M |
| 5 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$5.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$40.3M |
| 2 |
FM
Forward Management
San Francisco,
California
|
-$19.9M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$10.9M |
| 4 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$8.56M |
| 5 |
Lazard Asset Management
New York
|
-$4.05M |
SUI Hedge Fund Activity: Q3 2013 in Review
157 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q3 2013, worth a combined $1.32B — down 15% from $1.55B a quarter earlier.
Fund positioning in SUI was balanced in Q3 2013: 16 funds opened new positions, 16 closed out, 70 added to existing stakes and 48 trimmed.
The largest buyer was Davenport & Co, adding an estimated $11.1M. The largest seller was Cohen & Steers, cutting an estimated $40.3M.
- 157 institutional investors held Sun Communities (SUI) as of Q3 2013, down from 159 in Q2 2013.
- Funds reported $1.32B of Sun Communities stock for Q3 2013, down 15% quarter-over-quarter.
- 16 funds opened new Sun Communities positions in Q3 2013 and 16 closed out, a net change of 0 holders.
- The largest Sun Communities buyer in Q3 2013 was Davenport & Co, an estimated $11.1M added.
- The largest Sun Communities seller in Q3 2013 was Cohen & Steers, an estimated $40.3M sold.
Based on aggregated 13F filings for Q3 2013.