Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
305 hedge funds and large institutions have $4.47B invested in Summit Materials, Inc. Class A Common Stock in 2024 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 117 increasing their positions, 94 reducing their positions, and 49 closing their positions.
158% more call options, than puts
Call options by funds: $2.68M | Put options by funds: $1.04M
24% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 94
2% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 49
1% less funds holding
Funds holding: 308 → 305 (-3)
17% less capital invested
Capital invested by funds: $5.4B → $4.47B (-$933M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
Top Sellers
SUM Hedge Fund Activity: Q2 2024 in Review
305 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2024, worth a combined $4.47B — down 17% from $5.4B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SUM positions and 49 closed out — a net gain of 1 holder — while 117 added to existing stakes and 94 trimmed.
The largest buyer was River Road Asset Management, adding an estimated $49.1M. The largest seller was Hood River Capital Management, exiting entirely with an estimated $33.2M sold.
- 305 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2024, down from 308 in Q1 2024.
- Funds reported $4.47B of Summit Materials, Inc. Class A Common Stock stock for Q2 2024, down 17% quarter-over-quarter.
- 50 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2024 and 49 closed out, a net change of +1 holder.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2024 was River Road Asset Management, an estimated $49.1M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2024 was Hood River Capital Management, an estimated $33.2M sold.
Based on aggregated 13F filings for Q2 2024.