Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
186 hedge funds and large institutions have $1.87B invested in Summit Materials, Inc. Class A Common Stock in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 65 increasing their positions, 64 reducing their positions, and 52 closing their positions.
10,473% more call options, than puts
Call options by funds: $10.2M | Put options by funds: $96K
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
2% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 64
13% less funds holding
Funds holding: 214 → 186 (-28)
36% less capital invested
Capital invested by funds: $2.93B → $1.87B (-$1.06B)
44% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$82.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$49.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$18.2M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$16.7M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$15.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$34.8M |
| 2 |
Jane Street
New York
|
-$29.3M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$28.8M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$26.2M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$20.7M |
SUM Hedge Fund Activity: Q1 2020 in Review
186 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q1 2020, worth a combined $1.87B — down 36% from $2.93B a quarter earlier.
Sellers outnumbered buyers: 52 funds closed out of SUM and 29 opened new positions — a net loss of 23 holders — while 64 trimmed existing stakes and 65 added.
The largest buyer was Victory Capital Management, adding an estimated $82.3M. The largest seller was Millennium Management, cutting an estimated $34.8M.
- 186 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q1 2020, down from 214 in Q4 2019.
- Funds reported $1.87B of Summit Materials, Inc. Class A Common Stock stock for Q1 2020, down 36% quarter-over-quarter.
- 29 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q1 2020 and 52 closed out, a net change of -23 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q1 2020 was Victory Capital Management, an estimated $82.3M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q1 2020 was Millennium Management, an estimated $34.8M sold.
Based on aggregated 13F filings for Q1 2020.