Sun Communities
SUI
184 hedge funds and large institutions have $2.94B invested in Sun Communities in 2015 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 56 reducing their positions, and 18 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 56
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
12% more capital invested
Capital invested by funds: $2.62B → $2.94B (+$316M)
3% more funds holding
Funds holding: 178 → 184 (+6)
4% less call options, than puts
Call options by funds: $1.88M | Put options by funds: $1.96M
7.86% less ownership
Funds ownership: 90.17% → 82.31% (-7.9%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$67.7M |
| 2 |
Millennium Management
New York
|
+$26.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$22.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$18.9M |
| 5 |
Bank of New York Mellon
New York
|
+$15.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$37.1M |
| 2 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$28.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$21M |
| 4 |
Goldman Sachs
New York
|
-$17.5M |
| 5 |
ACA
Anchor Capital Advisors
Boston,
Massachusetts
|
-$14.8M |
SUI Hedge Fund Activity: Q1 2015 in Review
184 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q1 2015, worth a combined $2.94B — up 12% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SUI positions and 18 closed out — a net gain of 7 holders — while 83 added to existing stakes and 56 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $67.7M. The largest seller was Davenport & Co, cutting an estimated $37.1M.
- 184 institutional investors held Sun Communities (SUI) as of Q1 2015, up from 178 in Q4 2014.
- Funds reported $2.94B of Sun Communities stock for Q1 2015, up 12% quarter-over-quarter.
- 25 funds opened new Sun Communities positions in Q1 2015 and 18 closed out, a net change of +7 holders.
- The largest Sun Communities buyer in Q1 2015 was Cohen & Steers, an estimated $67.7M added.
- The largest Sun Communities seller in Q1 2015 was Davenport & Co, an estimated $37.1M sold.
Based on aggregated 13F filings for Q1 2015.