Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
156 hedge funds and large institutions have $1.36B invested in Summit Materials, Inc. Class A Common Stock in 2016 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 67 increasing their positions, 38 reducing their positions, and 22 closing their positions.
76% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 38
73% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 22
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
38% more capital invested
Capital invested by funds: $982M → $1.36B (+$374M)
11% more funds holding
Funds holding: 141 → 156 (+15)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
+$41.7M |
| 2 |
LW
Linscomb Wealth
Houston,
Texas
|
+$29.6M |
| 3 |
Point72 Asset Management
Stamford,
Connecticut
|
+$22.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$22.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$13.1M |
| 2 |
RCM
Roystone Capital Management
New York
|
-$11.7M |
| 3 |
SAM
Scopus Asset Management
New York
|
-$7.91M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.59M |
| 5 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$6.36M |
SUM Hedge Fund Activity: Q2 2016 in Review
156 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2016, worth a combined $1.36B — up 38% from $982M a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new SUM positions and 22 closed out — a net gain of 16 holders — while 67 added to existing stakes and 38 trimmed.
The largest buyer was Adage Capital Partners, opening a new position worth an estimated $41.7M. The largest seller was Ameriprise, cutting an estimated $13.1M.
- 156 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2016, up from 141 in Q1 2016.
- Funds reported $1.36B of Summit Materials, Inc. Class A Common Stock stock for Q2 2016, up 38% quarter-over-quarter.
- 38 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2016 and 22 closed out, a net change of +16 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2016 was Adage Capital Partners, an estimated $41.7M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2016 was Ameriprise, an estimated $13.1M sold.
Based on aggregated 13F filings for Q2 2016.