Sun Communities
SUI
504 hedge funds and large institutions have $17B invested in Sun Communities in 2023 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 202 increasing their positions, 172 reducing their positions, and 51 closing their positions.
45% more call options, than puts
Call options by funds: $25.2M | Put options by funds: $17.4M
17% more repeat investments, than reductions
Existing positions increased: 202 | Existing positions reduced: 172
1.16% more ownership
Funds ownership: 95.99% → 97.15% (+1.2%)
8% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 51
0% less capital invested
Capital invested by funds: $17B → $17B (-$2.69M)
1% less funds holding
Funds holding: 511 → 504 (-7)
38% less funds holding in top 10
Funds holding in top 10: 24 → 15 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$137M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$114M |
| 3 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$86.8M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$40.3M |
| 5 |
BlackRock
New York
|
+$39.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$146M |
| 2 |
WCP
Waterfront Capital Partners
New York
|
-$64.2M |
| 3 |
CIM
Centersquare Investment Management
Conshohocken,
Pennsylvania
|
-$61.6M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$52.3M |
| 5 |
Daiwa Securities Group
Tokyo,
Japan
|
-$47.6M |
SUI Hedge Fund Activity: Q1 2023 in Review
504 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q1 2023, worth a combined $17B — down 0.02% from $17B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SUI positions and 51 closed out — a net gain of 4 holders — while 202 added to existing stakes and 172 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $137M. The largest seller was Cohen & Steers, cutting an estimated $146M.
- 504 institutional investors held Sun Communities (SUI) as of Q1 2023, down from 511 in Q4 2022.
- Funds reported $17B of Sun Communities stock for Q1 2023, down 0.02% quarter-over-quarter.
- 55 funds opened new Sun Communities positions in Q1 2023 and 51 closed out, a net change of +4 holders.
- The largest Sun Communities buyer in Q1 2023 was JP Morgan Chase, an estimated $137M added.
- The largest Sun Communities seller in Q1 2023 was Cohen & Steers, an estimated $146M sold.
Based on aggregated 13F filings for Q1 2023.