Sun Communities
SUI
260 hedge funds and large institutions have $5.43B invested in Sun Communities in 2016 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 104 increasing their positions, 90 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
16% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 90
4% more funds holding
Funds holding: 251 → 260 (+9)
4% less capital invested
Capital invested by funds: $5.68B → $5.43B (-$250M)
6.79% less ownership
Funds ownership: 103.8% → 97.01% (-6.8%)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
53% less call options, than puts
Call options by funds: $590K | Put options by funds: $1.26M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$34.1M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$30.4M |
| 3 |
VCM
V3 Capital Management
Dallas,
Texas
|
+$27.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$25.7M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZP
Zimmer Partners
New York
|
-$51M |
| 2 |
SCRM
Security Capital Research & Management
Chicago,
Illinois
|
-$38.1M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$37.6M |
| 4 |
Cohen & Steers
New York
|
-$37.1M |
| 5 |
Millennium Management
New York
|
-$34M |
SUI Hedge Fund Activity: Q4 2016 in Review
260 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q4 2016, worth a combined $5.43B — down 4.4% from $5.68B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SUI positions and 19 closed out — a net gain of 14 holders — while 104 added to existing stakes and 90 trimmed.
The largest buyer was Invesco, adding an estimated $34.1M. The largest seller was Zimmer Partners, exiting entirely with an estimated $51M sold.
- 260 institutional investors held Sun Communities (SUI) as of Q4 2016, up from 251 in Q3 2016.
- Funds reported $5.43B of Sun Communities stock for Q4 2016, down 4.4% quarter-over-quarter.
- 33 funds opened new Sun Communities positions in Q4 2016 and 19 closed out, a net change of +14 holders.
- The largest Sun Communities buyer in Q4 2016 was Invesco, an estimated $34.1M added.
- The largest Sun Communities seller in Q4 2016 was Zimmer Partners, an estimated $51M sold.
Based on aggregated 13F filings for Q4 2016.