Sun Communities
SUI
528 hedge funds and large institutions have $16.5B invested in Sun Communities in 2023 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 187 increasing their positions, 189 reducing their positions, and 56 closing their positions.
386% more call options, than puts
Call options by funds: $66.6M | Put options by funds: $13.7M
59% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 56
14% more capital invested
Capital invested by funds: $14.5B → $16.5B (+$1.97B)
6% more funds holding
Funds holding: 499 → 528 (+29)
0.32% more ownership
Funds ownership: 98.85% → 99.17% (+0.32%)
1% less repeat investments, than reductions
Existing positions increased: 187 | Existing positions reduced: 189
13% less funds holding in top 10
Funds holding in top 10: 15 → 13 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$194M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$191M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$153M |
| 4 |
Russell Investments Group
London,
United Kingdom
|
+$68.7M |
| 5 |
Neuberger Berman Group
New York
|
+$38.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$467M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$108M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$50.6M |
| 4 |
WMSA
Weiss Multi-Strategy Advisers
New York
|
-$41.4M |
| 5 |
ECM
ExodusPoint Capital Management
New York
|
-$37M |
SUI Hedge Fund Activity: Q4 2023 in Review
528 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q4 2023, worth a combined $16.5B — up 14% from $14.5B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new SUI positions and 56 closed out — a net gain of 33 holders — while 187 added to existing stakes and 189 trimmed.
The largest buyer was Norges Bank, adding an estimated $194M. The largest seller was JP Morgan Chase, cutting an estimated $467M.
- 528 institutional investors held Sun Communities (SUI) as of Q4 2023, up from 499 in Q3 2023.
- Funds reported $16.5B of Sun Communities stock for Q4 2023, up 14% quarter-over-quarter.
- 89 funds opened new Sun Communities positions in Q4 2023 and 56 closed out, a net change of +33 holders.
- The largest Sun Communities buyer in Q4 2023 was Norges Bank, an estimated $194M added.
- The largest Sun Communities seller in Q4 2023 was JP Morgan Chase, an estimated $467M sold.
Based on aggregated 13F filings for Q4 2023.