Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
244 hedge funds and large institutions have $3.47B invested in Summit Materials, Inc. Class A Common Stock in 2023 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 77 increasing their positions, 111 reducing their positions, and 22 closing their positions.
690% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $311K
5% more capital invested
Capital invested by funds: $3.3B → $3.47B (+$172M)
5% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 22
0% more funds holding
Funds holding: 243 → 244 (+1)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
31% less repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 111
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$51.5M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$12.9M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$9.62M |
| 4 |
PCM
Penn Capital Management
Philadelphia,
Pennsylvania
|
+$7.25M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$6.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$22.5M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$22M |
| 3 |
Goldman Sachs
New York
|
-$16.7M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
-$13.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
-$12.8M |
SUM Hedge Fund Activity: Q1 2023 in Review
244 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q1 2023, worth a combined $3.47B — up 5.2% from $3.3B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SUM positions and 22 closed out — a net gain of 1 holder — while 77 added to existing stakes and 111 trimmed.
The largest buyer was Millennium Management, adding an estimated $51.5M. The largest seller was Lord, Abbett & Co, exiting entirely with an estimated $22.5M sold.
- 244 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q1 2023, up from 243 in Q4 2022.
- Funds reported $3.47B of Summit Materials, Inc. Class A Common Stock stock for Q1 2023, up 5.2% quarter-over-quarter.
- 23 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q1 2023 and 22 closed out, a net change of +1 holder.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q1 2023 was Millennium Management, an estimated $51.5M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q1 2023 was Lord, Abbett & Co, an estimated $22.5M sold.
Based on aggregated 13F filings for Q1 2023.