Sun Communities
SUI
175 hedge funds and large institutions have $2.17B invested in Sun Communities in 2014 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 85 increasing their positions, 49 reducing their positions, and 16 closing their positions.
73% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 49
56% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
25% more capital invested
Capital invested by funds: $1.74B → $2.17B (+$430M)
6.06% more ownership
Funds ownership: 85.21% → 91.26% (+6.1%)
5% more funds holding
Funds holding: 166 → 175 (+9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$167M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$72.8M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$43.2M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$42.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$20.2M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$16M |
| 3 |
Goldman Sachs
New York
|
-$14.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$9.06M |
SUI Hedge Fund Activity: Q3 2014 in Review
175 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q3 2014, worth a combined $2.17B — up 25% from $1.74B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SUI positions and 16 closed out — a net gain of 9 holders — while 85 added to existing stakes and 49 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $167M. The largest seller was Millennium Management, cutting an estimated $20.2M.
- 175 institutional investors held Sun Communities (SUI) as of Q3 2014, up from 166 in Q2 2014.
- Funds reported $2.17B of Sun Communities stock for Q3 2014, up 25% quarter-over-quarter.
- 25 funds opened new Sun Communities positions in Q3 2014 and 16 closed out, a net change of +9 holders.
- The largest Sun Communities buyer in Q3 2014 was Cohen & Steers, an estimated $167M added.
- The largest Sun Communities seller in Q3 2014 was Millennium Management, an estimated $20.2M sold.
Based on aggregated 13F filings for Q3 2014.