Sun Communities
499 hedge funds and large institutions have $14.5B invested in Sun Communities in 2023 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 204 increasing their positions, 168 reducing their positions, and 58 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 168
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
2.26% more ownership
Funds ownership: 96.59% → 98.85% (+2.3%)
3% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $11.8M
1% less funds holding
Funds holding: 504 → 499 (-5)
3% less first-time investments, than exits
New positions opened: 56 | Existing positions closed: 58
7% less capital invested
Capital invested by funds: $15.7B → $14.5B (-$1.14B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$140M |
| 2 |
JP Morgan Chase
New York
|
+$139M |
| 3 |
Cohen & Steers
New York
|
+$128M |
| 4 |
RC
Resolution Capital
Sydney, NSW,
Australia
|
+$112M |
| 5 |
RIM
Rush Island Management
New York
|
+$69.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
-$151M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$132M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$122M |
| 4 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
-$87.3M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$82.6M |
SUI Hedge Fund Activity: Q3 2023 in Review
499 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q3 2023, worth a combined $14.5B — down 7.3% from $15.7B a quarter earlier.
Sellers outnumbered buyers: 58 funds closed out of SUI and 56 opened new positions — a net loss of 2 holders — while 168 trimmed existing stakes and 204 added.
The largest buyer was PGGM Investments, opening a new position worth an estimated $140M. The largest seller was American Century Companies, cutting an estimated $151M.
- 499 institutional investors held Sun Communities (SUI) as of Q3 2023, down from 504 in Q2 2023.
- Funds reported $14.5B of Sun Communities stock for Q3 2023, down 7.3% quarter-over-quarter.
- 56 funds opened new Sun Communities positions in Q3 2023 and 58 closed out, a net change of -2 holders.
- The largest Sun Communities buyer in Q3 2023 was PGGM Investments, an estimated $140M added.
- The largest Sun Communities seller in Q3 2023 was American Century Companies, an estimated $151M sold.
Based on aggregated 13F filings for Q3 2023.