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Sun Communities

446 hedge funds and large institutions have $15.8B invested in Sun Communities in 2020 Q4 according to their latest regulatory filings, with 66 funds opening new positions, 197 increasing their positions, 123 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more repeat investments, than reductions

Existing positions increased: 197 | Existing positions reduced: 123

40% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 47

21% more capital invested

Capital invested by funds: $13.1B → $15.8B (+$2.76B)

18% more funds holding in top 10

Funds holding in top 10: 1113 (+2)

3% more funds holding

Funds holding: 432446 (+14)

1.97% more ownership

Funds ownership: 94.91%96.88% (+2%)

6% less call options, than puts

Call options by funds: $27.7M | Put options by funds: $29.6M

Holders
446
Holders Change
+14
Holders Change %
+3.24%
% of All Funds
7.89%
Holding in Top 10
13
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+18.18%
% of All Funds
0.23%
New
66
Increased
197
Reduced
123
Closed
47
Calls
$27.7M
Puts
$29.6M
Net Calls
-$1.85M
Net Calls Change
+$16.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.21B +$122M +845,676 +6%
BlackRock
2
BlackRock
New York
$1.44B +$157M +1,086,658 +13%
Cohen & Steers
3
Cohen & Steers
New York
$1.04B +$576M +3,979,144 +139%
Capital World Investors
4
Capital World Investors
California
$742M +$172K +1,192 +0%
State Street
5
State Street
Massachusetts
$635M +$18.9M +130,610 +3%
Principal Financial Group
6
Principal Financial Group
Iowa
$544M +$52.8M +364,666 +11%
Aristotle Capital Management
7
Aristotle Capital Management
California
$433M +$24.9M +172,389 +6%
JP Morgan Chase
8
JP Morgan Chase
New York
$392M +$243M +1,677,154 +185%
PI
9
PGGM Investments
Netherlands
$363M +$64.5M +445,815 +23%
Daiwa Securities Group
10
Daiwa Securities Group
Japan
$312M +$98.2M +678,587 +49%
Dimensional Fund Advisors
11
Dimensional Fund Advisors
Texas
$255M +$17.2M +119,030 +8%
N
12
Nuveen
North Carolina
$254M -$43.4M -299,956 -15%
American Century Companies
13
American Century Companies
Missouri
$247M -$46.1M -318,587 -16%
Massachusetts Financial Services
14
Massachusetts Financial Services
Massachusetts
$240M -$8.56M -59,186 -4%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$232M -$90.5M -625,661 -29%
Geode Capital Management
16
Geode Capital Management
Massachusetts
$215M -$520K -3,594 -0.3%
Legal & General Group
17
Legal & General Group
United Kingdom
$194M +$17M +117,370 +10%
Bank of America
18
Bank of America
North Carolina
$194M +$29.8M +205,836 +19%
Deutsche Bank
19
Deutsche Bank
Germany
$174M +$29.2M +201,470 +21%
Northern Trust
20
Northern Trust
Illinois
$173M +$11.3M +77,787 +7%
Goldman Sachs
21
Goldman Sachs
New York
$160M +$5.42M +37,445 +4%
Invesco
22
Invesco
Georgia
$155M -$27.3M -188,970 -16%
Norges Bank
23
Norges Bank
Norway
$153M +$3.94M +27,245 +3%
CIM
24
Centersquare Investment Management
Pennsylvania
$149M +$62.1M +428,910 +78%
LPC
25
Long Pond Capital
New York
$136M +$129M +891,953 New

SUI Hedge Fund Activity: Q4 2020 in Review

446 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q4 2020, worth a combined $15.8B — up 21% from $13.1B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new SUI positions and 47 closed out — a net gain of 19 holders — while 197 added to existing stakes and 123 trimmed.

The largest buyer was Cohen & Steers, adding an estimated $576M. The largest seller was T. Rowe Price Associates, cutting an estimated $230M.

  • 446 institutional investors held Sun Communities (SUI) as of Q4 2020, up from 432 in Q3 2020.
  • Funds reported $15.8B of Sun Communities stock for Q4 2020, up 21% quarter-over-quarter.
  • 66 funds opened new Sun Communities positions in Q4 2020 and 47 closed out, a net change of +19 holders.
  • The largest Sun Communities buyer in Q4 2020 was Cohen & Steers, an estimated $576M added.
  • The largest Sun Communities seller in Q4 2020 was T. Rowe Price Associates, an estimated $230M sold.

Based on aggregated 13F filings for Q4 2020.