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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
ZIM
101
Zacks Investment Management
Illinois
$3.44M +$3.05M +77,142 New
State of New Jersey Common Pension Fund D
102
State of New Jersey Common Pension Fund D
New Jersey
$3.42M
Royal Bank of Canada
103
Royal Bank of Canada
Ontario, Canada
$3.31M -$1.64M -41,559 -36%
CAL
104
Capital Analysts LLC
Pennsylvania
$3.07M +$74.1K +1,875 +3%
Holocene Advisors
105
Holocene Advisors
New York
$2.91M +$2.58M +65,203 New
MIM
106
MetLife Investment Management
New Jersey
$2.72M -$75.5K -1,910 -3%
AIG
107
American International Group
New York
$2.63M -$20K -506 -0.9%
LPL Financial
108
LPL Financial
California
$2.62M +$309K +7,802 +15%
TC
109
TownSquare Capital
Utah
$2.6M +$187K +4,721 +9%
RWA
110
River Wealth Advisors
Pennsylvania
$2.46M +$293K +7,415 +16%
Select Equity Group
111
Select Equity Group
New York
$2.45M +$107K +2,706 +5%
Jane Street
112
Jane Street
New York
$2.28M -$1.35M -34,030 -40%
New York State Common Retirement Fund
113
New York State Common Retirement Fund
New York
$2.18M -$2.17K -55 -0.1%
Russell Investments Group
114
Russell Investments Group
United Kingdom
$2.15M -$229K -5,784 -11%
Citigroup
115
Citigroup
New York
$2.1M +$305K +7,707 +20%
Teacher Retirement System of Texas
116
Teacher Retirement System of Texas
Texas
$2.09M -$89.6K -2,266 -5%
Commonwealth Equity Services
117
Commonwealth Equity Services
Massachusetts
$2.05M +$329K +8,313 +22%
ACM
118
Aquatic Capital Management
Illinois
$1.99M +$1.44M +36,300 +437%
WCA
119
Westover Capital Advisors
Delaware
$1.97M -$20.5K -518 -1%
Creative Planning
120
Creative Planning
Kansas
$1.94M +$383K +9,678 +29%
HCM
121
Harvey Capital Management
Florida
$1.83M +$427K +10,800 +36%
WIM
122
Waycross Investment Management
Washington
$1.81M +$157K +3,965 +11%
Zurich Cantonal Bank
123
Zurich Cantonal Bank
Switzerland
$1.77M -$613K -15,507 -28%
SFCL
124
Strengthening Families & Communities LLC
Massachusetts
$1.66M +$142K +3,601 +11%
AMI
125
Amica Mutual Insurance
Rhode Island
$1.65M +$186K +4,703 +15%

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.