Sun Communities
SUI
305 hedge funds and large institutions have $6.9B invested in Sun Communities in 2018 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 119 increasing their positions, 91 reducing their positions, and 25 closing their positions.
144% more call options, than puts
Call options by funds: $2.96M | Put options by funds: $1.22M
80% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 25
31% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 91
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
6% more funds holding
Funds holding: 287 → 305 (+18)
0.51% less ownership
Funds ownership: 95% → 94.49% (-0.51%)
1% less capital invested
Capital invested by funds: $6.99B → $6.9B (-$95.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$65.5M |
| 2 |
B
Barings
Charlotte,
North Carolina
|
+$48.3M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$43M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$25.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$138M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$104M |
| 3 |
Daiwa Securities Group
Tokyo,
Japan
|
-$39.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$34.3M |
| 5 |
Cohen & Steers
New York
|
-$31.9M |
SUI Hedge Fund Activity: Q1 2018 in Review
305 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q1 2018, worth a combined $6.9B — down 1.4% from $6.99B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SUI positions and 25 closed out — a net gain of 20 holders — while 119 added to existing stakes and 91 trimmed.
The largest buyer was PGGM Investments, opening a new position worth an estimated $65.5M. The largest seller was Bank of New York Mellon, cutting an estimated $138M.
- 305 institutional investors held Sun Communities (SUI) as of Q1 2018, up from 287 in Q4 2017.
- Funds reported $6.9B of Sun Communities stock for Q1 2018, down 1.4% quarter-over-quarter.
- 45 funds opened new Sun Communities positions in Q1 2018 and 25 closed out, a net change of +20 holders.
- The largest Sun Communities buyer in Q1 2018 was PGGM Investments, an estimated $65.5M added.
- The largest Sun Communities seller in Q1 2018 was Bank of New York Mellon, an estimated $138M sold.
Based on aggregated 13F filings for Q1 2018.