Sun Communities
SUI
502 hedge funds and large institutions have $15.6B invested in Sun Communities in 2024 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 174 increasing their positions, 200 reducing their positions, and 74 closing their positions.
82% more call options, than puts
Call options by funds: $7.64M | Put options by funds: $4.19M
1.19% less ownership
Funds ownership: 99.17% → 97.98% (-1.2%)
5% less funds holding
Funds holding: 528 → 502 (-26)
6% less capital invested
Capital invested by funds: $16.5B → $15.6B (-$913M)
13% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 200
23% less funds holding in top 10
Funds holding in top 10: 13 → 10 (-3)
28% less first-time investments, than exits
New positions opened: 53 | Existing positions closed: 74
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dodge & Cox
San Francisco,
California
|
+$703M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$146M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$143M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$90.6M |
| 5 |
CIMLRA
CBRE Investment Management Listed Real Assets
Radnor,
Pennsylvania
|
+$79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$406M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$169M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$117M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$107M |
| 5 |
State Street
Boston,
Massachusetts
|
-$85.5M |
SUI Hedge Fund Activity: Q1 2024 in Review
502 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sun Communities (SUI) for Q1 2024, worth a combined $15.6B — down 5.5% from $16.5B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of SUI and 53 opened new positions — a net loss of 21 holders — while 200 trimmed existing stakes and 174 added.
The largest buyer was Dodge & Cox, opening a new position worth an estimated $703M. The largest seller was Cohen & Steers, cutting an estimated $406M.
- 502 institutional investors held Sun Communities (SUI) as of Q1 2024, down from 528 in Q4 2023.
- Funds reported $15.6B of Sun Communities stock for Q1 2024, down 5.5% quarter-over-quarter.
- 53 funds opened new Sun Communities positions in Q1 2024 and 74 closed out, a net change of -21 holders.
- The largest Sun Communities buyer in Q1 2024 was Dodge & Cox, an estimated $703M added.
- The largest Sun Communities seller in Q1 2024 was Cohen & Steers, an estimated $406M sold.
Based on aggregated 13F filings for Q1 2024.