Sun Communities
503 hedge funds and large institutions have $15.7B invested in Sun Communities in 2023 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 161 increasing their positions, 210 reducing their positions, and 52 closing their positions.
6% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 52
0% more funds holding
Funds holding: 503 → 503 (0)
6% less call options, than puts
Call options by funds: $34.2M | Put options by funds: $36.4M
1.84% less ownership
Funds ownership: 98.43% → 96.59% (-1.8%)
7% less funds holding in top 10
Funds holding in top 10: 15 → 14 (-1)
8% less capital invested
Capital invested by funds: $17B → $15.7B (-$1.34B)
23% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 210
Top Buyers
| 1 |
Cohen & Steers
New York
|
+$491M |
| 2 |
Daiwa Securities Group
Tokyo,
Japan
|
+$103M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
+$72.9M |
| 4 |
DCP
D1 Capital Partners
New York
|
+$50.8M |
| 5 |
WCA
Waratah Capital Advisors
Toronto,
Ontario, Canada
|
+$45.1M |
Top Sellers
| 1 |
Capital World Investors
Los Angeles,
California
|
-$232M |
| 2 |
OIAM
OFI Invest Asset Management
Paris,
France
|
-$139M |
| 3 |
JP Morgan Chase
New York
|
-$113M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$99.1M |
| 5 |
Millennium Management
New York
|
-$74.6M |
SUI Hedge Fund Activity: Q2 2023 in Review
503 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q2 2023, worth a combined $15.7B — down 7.9% from $17B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new SUI positions and 52 closed out — a net gain of 3 holders — while 161 added to existing stakes and 210 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $491M. The largest seller was Capital World Investors, cutting an estimated $232M.
- 503 institutional investors held Sun Communities (SUI) as of Q2 2023, unchanged from Q1 2023.
- Funds reported $15.7B of Sun Communities stock for Q2 2023, down 7.9% quarter-over-quarter.
- 55 funds opened new Sun Communities positions in Q2 2023 and 52 closed out, a net change of +3 holders.
- The largest Sun Communities buyer in Q2 2023 was Cohen & Steers, an estimated $491M added.
- The largest Sun Communities seller in Q2 2023 was Capital World Investors, an estimated $232M sold.
Based on aggregated 13F filings for Q2 2023.