Sun Communities
SUI
164 hedge funds and large institutions have $1.55B invested in Sun Communities in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 82 increasing their positions, 40 reducing their positions, and 14 closing their positions.
105% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 40
64% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 14
21% more capital invested
Capital invested by funds: $1.28B → $1.55B (+$270M)
4% more funds holding
Funds holding: 158 → 164 (+6)
2.11% more ownership
Funds ownership: 83.12% → 85.23% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$45.3M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.5M |
| 3 |
ACI
AMP Capital Investors
Sydney,
Australia
|
+$27.5M |
| 4 |
Cohen & Steers
New York
|
+$20.5M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$14.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$18.6M |
| 2 |
ACM
Advisors Capital Management
Ridgewood,
New Jersey
|
-$7.62M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$4.92M |
| 5 |
Janus Henderson Group
London,
|
-$2.41M |
SUI Hedge Fund Activity: Q1 2014 in Review
164 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q1 2014, worth a combined $1.55B — up 21% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SUI positions and 14 closed out — a net gain of 9 holders — while 82 added to existing stakes and 40 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $45.3M. The largest seller was AllianceBernstein, cutting an estimated $18.6M.
- 164 institutional investors held Sun Communities (SUI) as of Q1 2014, up from 158 in Q4 2013.
- Funds reported $1.55B of Sun Communities stock for Q1 2014, up 21% quarter-over-quarter.
- 23 funds opened new Sun Communities positions in Q1 2014 and 14 closed out, a net change of +9 holders.
- The largest Sun Communities buyer in Q1 2014 was Millennium Management, an estimated $45.3M added.
- The largest Sun Communities seller in Q1 2014 was AllianceBernstein, an estimated $18.6M sold.
Based on aggregated 13F filings for Q1 2014.