Sun Communities
SUI
275 hedge funds and large institutions have $6.59B invested in Sun Communities in 2017 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 123 increasing their positions, 83 reducing their positions, and 19 closing their positions.
63% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 19
48% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 83
17% more capital invested
Capital invested by funds: $5.64B → $6.59B (+$950M)
3% more funds holding
Funds holding: 266 → 275 (+9)
0.36% less ownership
Funds ownership: 95.59% → 95.23% (-0.36%)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$98.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$84.3M |
| 3 |
Janus Henderson Group
London,
|
+$69.1M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$52.6M |
| 5 |
Renaissance Technologies
New York
|
+$43.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DC
Davenport & Co
Richmond,
Virginia
|
-$38.9M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$38.3M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$35.5M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$27M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$22.3M |
SUI Hedge Fund Activity: Q2 2017 in Review
275 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q2 2017, worth a combined $6.59B — up 17% from $5.64B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SUI positions and 19 closed out — a net gain of 12 holders — while 123 added to existing stakes and 83 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $98.8M. The largest seller was Davenport & Co, cutting an estimated $38.9M.
- 275 institutional investors held Sun Communities (SUI) as of Q2 2017, up from 266 in Q1 2017.
- Funds reported $6.59B of Sun Communities stock for Q2 2017, up 17% quarter-over-quarter.
- 31 funds opened new Sun Communities positions in Q2 2017 and 19 closed out, a net change of +12 holders.
- The largest Sun Communities buyer in Q2 2017 was Bank of New York Mellon, an estimated $98.8M added.
- The largest Sun Communities seller in Q2 2017 was Davenport & Co, an estimated $38.9M sold.
Based on aggregated 13F filings for Q2 2017.