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Sun Communities

498 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, 205 increasing their positions, 167 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more repeat investments, than reductions

Existing positions increased: 205 | Existing positions reduced: 167

7% more funds holding in top 10

Funds holding in top 10: 1415 (+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: 503498 (-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)

Holders
498
Holders Change
-5
Holders Change %
-0.99%
% of All Funds
7.9%
Holding in Top 10
15
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.14%
% of All Funds
0.24%
New
56
Increased
205
Reduced
167
Closed
58
Calls
$12.1M
Puts
$11.8M
Net Calls
+$320K
Net Calls Change
+$2.56M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.08B -$1.31M -10,349 -0.1%
Cohen & Steers
2
Cohen & Steers
New York
$1.62B +$128M +1,007,428 +8%
BlackRock
3
BlackRock
New York
$1.29B -$19.5M -153,476 -1%
JP Morgan Chase
4
JP Morgan Chase
New York
$777M +$139M +1,094,176 +20%
State Street
5
State Street
Massachusetts
$705M +$3.34M +26,300 +0.4%
Principal Financial Group
6
Principal Financial Group
Iowa
$535M +$10.8M +84,767 +2%
Norges Bank
7
Norges Bank
Norway
$320M +$52.6M +414,374 +18%
Invesco
8
Invesco
Georgia
$306M -$3.31M -26,069 -1%
Daiwa Securities Group
9
Daiwa Securities Group
Japan
$304M +$13.9M +109,598 +4%
Fidelity Investments
10
Fidelity Investments
Massachusetts
$285M +$30.1M +236,771 +11%
Massachusetts Financial Services
11
Massachusetts Financial Services
Massachusetts
$274M +$2.08M +16,368 +0.7%
CIM
12
Centersquare Investment Management
Pennsylvania
$257M +$41.4M +326,529 +18%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$252M +$4.88M +38,432 +2%
Dimensional Fund Advisors
14
Dimensional Fund Advisors
Texas
$210M +$4.13M +32,540 +2%
N
15
Nuveen
North Carolina
$169M -$9.11M -71,752 -5%
Canada Pension Plan Investment Board
16
Canada Pension Plan Investment Board
Ontario, Canada
$160M
Legal & General Group
17
Legal & General Group
United Kingdom
$157M -$970K -7,642 -0.6%
DPIM
18
Duff & Phelps Investment Management
Illinois
$135M +$1.55M +12,205 +1%
UBS AM
19
UBS AM
Illinois
$133M +$11.8M +92,579 +9%
PI
20
PGGM Investments
Netherlands
$130M +$140M +1,099,222 New
Northern Trust
21
Northern Trust
Illinois
$127M +$4.78M +37,652 +4%
Morgan Stanley
22
Morgan Stanley
New York
$126M -$1.53M -12,080 -1%
Charles Schwab
23
Charles Schwab
California
$120M +$1.04M +8,200 +0.8%
ESCM
24
Echo Street Capital Management
New York
$108M -$3.97M -31,242 -3%
WCA
25
Waratah Capital Advisors
Ontario, Canada
$108M +$11.1M +87,165 +11%

SUI Hedge Fund Activity: Q3 2023 in Review

498 of the 6,301 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 167 trimmed existing stakes and 205 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.

  • 498 institutional investors held Sun Communities (SUI) as of Q3 2023, down from 503 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.