Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
250 hedge funds and large institutions have $3.27B invested in Summit Materials, Inc. Class A Common Stock in 2021 Q1 according to their latest regulatory filings, with 76 funds opening new positions, 62 increasing their positions, 76 reducing their positions, and 42 closing their positions.
81% more first-time investments, than exits
New positions opened: 76 | Existing positions closed: 42
75% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $26.2M
39% more capital invested
Capital invested by funds: $2.36B → $3.27B (+$912M)
15% more funds holding
Funds holding: 218 → 250 (+32)
18% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 76
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Franklin Resources
San Mateo,
California
|
+$110M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
+$33.7M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$25.8M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$17.1M |
| 5 |
Goldman Sachs
New York
|
+$15.2M |
Top Sellers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$47.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$25.1M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$23.3M |
| 4 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$20.4M |
| 5 |
IP
Interval Partners
New York
|
-$19.2M |
SUM Hedge Fund Activity: Q1 2021 in Review
250 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q1 2021, worth a combined $3.27B — up 39% from $2.36B a quarter earlier.
Buyers outnumbered sellers: 76 funds opened new SUM positions and 42 closed out — a net gain of 34 holders — while 62 added to existing stakes and 76 trimmed.
The largest buyer was Franklin Resources, opening a new position worth an estimated $110M. The largest seller was Fidelity Investments, cutting an estimated $47.8M.
- 250 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q1 2021, up from 218 in Q4 2020.
- Funds reported $3.27B of Summit Materials, Inc. Class A Common Stock stock for Q1 2021, up 39% quarter-over-quarter.
- 76 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q1 2021 and 42 closed out, a net change of +34 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q1 2021 was Franklin Resources, an estimated $110M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q1 2021 was Fidelity Investments, an estimated $47.8M sold.
Based on aggregated 13F filings for Q1 2021.