Sun Communities
SUI
258 hedge funds and large institutions have $5.02B invested in Sun Communities in 2016 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 103 increasing their positions, 71 reducing their positions, and 27 closing their positions.
74% more first-time investments, than exits
New positions opened: 47 | Existing positions closed: 27
45% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 71
14% more capital invested
Capital invested by funds: $4.38B → $5.02B (+$635M)
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
7% more funds holding
Funds holding: 241 → 258 (+17)
3.8% less ownership
Funds ownership: 104.82% → 101.02% (-3.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
+$235M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
+$39.1M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$33.6M |
| 4 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
+$31.9M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$31.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$189M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$42M |
| 3 |
DC
Davenport & Co
Richmond,
Virginia
|
-$19M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$16.4M |
SUI Hedge Fund Activity: Q2 2016 in Review
258 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q2 2016, worth a combined $5.02B — up 14% from $4.38B a quarter earlier.
Buyers outnumbered sellers: 47 funds opened new SUI positions and 27 closed out — a net gain of 20 holders — while 103 added to existing stakes and 71 trimmed.
The largest buyer was Centerbridge Partners, opening a new position worth an estimated $235M. The largest seller was Fidelity Investments, cutting an estimated $189M.
- 258 institutional investors held Sun Communities (SUI) as of Q2 2016, up from 241 in Q1 2016.
- Funds reported $5.02B of Sun Communities stock for Q2 2016, up 14% quarter-over-quarter.
- 47 funds opened new Sun Communities positions in Q2 2016 and 27 closed out, a net change of +20 holders.
- The largest Sun Communities buyer in Q2 2016 was Centerbridge Partners, an estimated $235M added.
- The largest Sun Communities seller in Q2 2016 was Fidelity Investments, an estimated $189M sold.
Based on aggregated 13F filings for Q2 2016.