Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
197 hedge funds and large institutions have $2.4B invested in Summit Materials, Inc. Class A Common Stock in 2016 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 71 increasing their positions, 63 reducing their positions, and 25 closing their positions.
132% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 25
99% more call options, than puts
Call options by funds: $3.53M | Put options by funds: $1.77M
60% more capital invested
Capital invested by funds: $1.5B → $2.4B (+$900M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more funds holding
Funds holding: 166 → 197 (+31)
13% more repeat investments, than reductions
Existing positions increased: 71 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
+$62.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$39.7M |
| 3 |
AL
Appaloosa LP
Short Hills,
New Jersey
|
+$36.7M |
| 4 |
SCM
Steadfast Capital Management
New York
|
+$34.3M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$43.4M |
| 2 |
Millennium Management
New York
|
-$27.4M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$22.4M |
| 4 |
LCM
Lomas Capital Management
New York
|
-$18.1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.8M |
SUM Hedge Fund Activity: Q4 2016 in Review
197 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q4 2016, worth a combined $2.4B — up 60% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new SUM positions and 25 closed out — a net gain of 33 holders — while 71 added to existing stakes and 63 trimmed.
The largest buyer was Levin Capital Strategies, opening a new position worth an estimated $62.1M. The largest seller was Citadel Advisors, cutting an estimated $43.4M.
- 197 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q4 2016, up from 166 in Q3 2016.
- Funds reported $2.4B of Summit Materials, Inc. Class A Common Stock stock for Q4 2016, up 60% quarter-over-quarter.
- 58 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q4 2016 and 25 closed out, a net change of +33 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q4 2016 was Levin Capital Strategies, an estimated $62.1M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q4 2016 was Citadel Advisors, an estimated $43.4M sold.
Based on aggregated 13F filings for Q4 2016.