Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
197 hedge funds and large institutions have $1.71B invested in Summit Materials, Inc. Class A Common Stock in 2018 Q4 according to their latest regulatory filings, with 52 funds opening new positions, 73 increasing their positions, 52 reducing their positions, and 48 closing their positions.
41% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $2.31M
40% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 52
2% more funds holding
Funds holding: 193 → 197 (+4)
8% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 48
28% less capital invested
Capital invested by funds: $2.39B → $1.71B (-$675M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$50.2M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$47.1M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$34.4M |
| 4 |
LPC
Long Pond Capital
New York
|
+$25.2M |
| 5 |
Jennison Associates
New York
|
+$22.3M |
Top Sellers
| 1 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
-$54.2M |
| 2 |
LM
Luminus Management
Houston,
Texas
|
-$44.1M |
| 3 |
JP Morgan Chase
New York
|
-$30M |
| 4 |
AC
Ashler Capital
Chicago,
Illinois
|
-$24.5M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$22M |
SUM Hedge Fund Activity: Q4 2018 in Review
197 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q4 2018, worth a combined $1.71B — down 28% from $2.39B a quarter earlier.
Buyers outnumbered sellers: 52 funds opened new SUM positions and 48 closed out — a net gain of 4 holders — while 73 added to existing stakes and 52 trimmed.
The largest buyer was Southeastern Asset Management, adding an estimated $50.2M. The largest seller was Appaloosa LP, exiting entirely with an estimated $54.2M sold.
- 197 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q4 2018, up from 193 in Q3 2018.
- Funds reported $1.71B of Summit Materials, Inc. Class A Common Stock stock for Q4 2018, down 28% quarter-over-quarter.
- 52 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q4 2018 and 48 closed out, a net change of +4 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q4 2018 was Southeastern Asset Management, an estimated $50.2M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q4 2018 was Appaloosa LP, an estimated $54.2M sold.
Based on aggregated 13F filings for Q4 2018.