Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
240 hedge funds and large institutions have $4.18B invested in Summit Materials, Inc. Class A Common Stock in 2021 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 79 increasing their positions, 87 reducing their positions, and 39 closing their positions.
241% more call options, than puts
Call options by funds: $36.4M | Put options by funds: $10.7M
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
28% more capital invested
Capital invested by funds: $3.27B → $4.18B (+$910M)
9% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 87
4% less funds holding
Funds holding: 250 → 240 (-10)
26% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 39
Top Buyers
| 1 |
Capital International Investors
Los Angeles,
California
|
+$79.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
+$51.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$41.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$35.3M |
| 5 |
Bank of New York Mellon
New York
|
+$30.5M |
Top Sellers
| 1 |
MC
Maverick Capital
Dallas,
Texas
|
-$42.2M |
| 2 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
-$36.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
-$27.7M |
| 4 |
Jennison Associates
New York
|
-$26.3M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$25.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -112 | Closed |
|
|
S
277
SignatureFD
Atlanta,
Georgia
| – | -$3K | -112 | Closed |
|
|
HI
278
Harbour Investments
Madison,
Wisconsin
| – | -$63 | -2 | -22% |
|
SUM Hedge Fund Activity: Q2 2021 in Review
240 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2021, worth a combined $4.18B — up 28% from $3.27B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of SUM and 29 opened new positions — a net loss of 10 holders — while 87 trimmed existing stakes and 79 added.
The largest buyer was Capital International Investors, opening a new position worth an estimated $79.6M. The largest seller was Maverick Capital, cutting an estimated $42.2M.
- 240 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2021, down from 250 in Q1 2021.
- Funds reported $4.18B of Summit Materials, Inc. Class A Common Stock stock for Q2 2021, up 28% quarter-over-quarter.
- 29 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2021 and 39 closed out, a net change of -10 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2021 was Capital International Investors, an estimated $79.6M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2021 was Maverick Capital, an estimated $42.2M sold.
Based on aggregated 13F filings for Q2 2021.