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SUM

Summit Materials, Inc. Class A Common Stock

Delisted

SUM was delisted on the 10th of February, 2025.

308 hedge funds and large institutions have $5.4B invested in Summit Materials, Inc. Class A Common Stock in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 103 increasing their positions, 103 reducing their positions, and 40 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 40

16% more capital invested

Capital invested by funds: $4.64B → $5.4B (+$757M)

4% more funds holding

Funds holding: 297308 (+11)

0% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 103

59% less call options, than puts

Call options by funds: $5.86M | Put options by funds: $14.4M

Holders
308
Holders Change
+11
Holders Change %
+3.7%
% of All Funds
4.44%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
54
Increased
103
Reduced
103
Closed
40
Calls
$5.86M
Puts
$14.4M
Net Calls
-$8.52M
Net Calls Change
-$13.9M
Name Holding Trade Value Shares
Change
Change in
Stake
MC
326
Maverick Capital
Texas
-$432K -11,240 Closed
EWA
327
EP Wealth Advisors
California
-$363K -9,441 Closed
Brown Advisory
328
Brown Advisory
Maryland
-$360K -9,356 Closed
KFS
329
Kaizen Financial Strategies
California
-$359K -9,339 Closed
Walleye Trading
330
Walleye Trading
New York
-$368K -9,297 Closed
CGIM
331
Cannon Global Investment Management
Florida
-$354K -9,200 Closed
CC
332
Corton Capital
Ontario, Canada
-$333K -8,666 Closed
Truist Financial
333
Truist Financial
North Carolina
-$308K -8,012 Closed
MFS
334
Mirabella Financial Services
United Kingdom
-$300K -7,802 Closed
WP
335
Woodline Partners
California
-$286K -7,443 Closed
PMEF
336
Point72 Middle East FZE
United Arab Emirates
-$263K -6,841 Closed
Voloridge Investment Management
337
Voloridge Investment Management
Florida
-$233K -6,056 Closed
PHK
338
Point72 Hong Kong
Hong Kong
-$212K -5,501 Closed
SOW
339
State of Wyoming
Wyoming
-$177K -4,603 Closed
BEI
340
Benjamin Edwards Inc
Missouri
-$20K -518 Closed
Allspring Global Investments
341
Allspring Global Investments
North Carolina
-$14K -365 Closed
WTG
342
West Tower Group
Virginia
-$10.7K -278 Closed
ASN
343
Advisory Services Network
Georgia
-$3.88K -101 Closed
JFGIW
344
Johnson Financial Group Inc (Wisconsin)
Wisconsin
-$3.88K -101 Closed
Barrow, Hanley, Mewhinney & Strauss
345
Barrow, Hanley, Mewhinney & Strauss
Texas
-$3.08K -80 Closed
GWS
346
Glassman Wealth Services
Virginia
-$577 -15 Closed
HT
347
Headlands Technologies
Illinois
-$269 -7 Closed
FPB
348
First PREMIER Bank
South Dakota
+$395 +10 New

SUM Hedge Fund Activity: Q1 2024 in Review

308 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q1 2024, worth a combined $5.4B — up 16% from $4.64B a quarter earlier.

Buyers outnumbered sellers: 54 funds opened new SUM positions and 40 closed out — a net gain of 14 holders — while 103 added to existing stakes and 103 trimmed.

The largest buyer was AllianceBernstein, adding an estimated $76.6M. The largest seller was Fidelity Investments, cutting an estimated $93.9M.

  • 308 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q1 2024, up from 297 in Q4 2023.
  • Funds reported $5.4B of Summit Materials, Inc. Class A Common Stock stock for Q1 2024, up 16% quarter-over-quarter.
  • 54 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q1 2024 and 40 closed out, a net change of +14 holders.
  • The largest Summit Materials, Inc. Class A Common Stock buyer in Q1 2024 was AllianceBernstein, an estimated $76.6M added.
  • The largest Summit Materials, Inc. Class A Common Stock seller in Q1 2024 was Fidelity Investments, an estimated $93.9M sold.

Based on aggregated 13F filings for Q1 2024.