Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
211 hedge funds and large institutions have $3.36B invested in Summit Materials, Inc. Class A Common Stock in 2018 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 86 increasing their positions, 75 reducing their positions, and 44 closing their positions.
280% more call options, than puts
Call options by funds: $22.2M | Put options by funds: $5.85M
15% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 75
8% less funds holding
Funds holding: 229 → 211 (-18)
10% less capital invested
Capital invested by funds: $3.73B → $3.36B (-$371M)
36% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 44
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CTA
Carillon Tower Advisers
St. Petersburg,
Florida
|
+$54.4M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$53.9M |
| 3 |
TBC
Three Bays Capital
Boston,
Massachusetts
|
+$48.5M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$44.8M |
| 5 |
Janus Henderson Group
London,
|
+$24.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$104M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$38.6M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$35.7M |
| 4 |
IAM
Impala Asset Management
Palm Beach,
Florida
|
-$31.8M |
| 5 |
AIM
Artemis Investment Management
Edinburgh,
United Kingdom
|
-$25.3M |
SUM Hedge Fund Activity: Q2 2018 in Review
211 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2018, worth a combined $3.36B — down 9.9% from $3.73B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of SUM and 28 opened new positions — a net loss of 16 holders — while 75 trimmed existing stakes and 86 added.
The largest buyer was Carillon Tower Advisers, opening a new position worth an estimated $54.4M. The largest seller was Fidelity Investments, cutting an estimated $104M.
- 211 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2018, down from 229 in Q1 2018.
- Funds reported $3.36B of Summit Materials, Inc. Class A Common Stock stock for Q2 2018, down 9.9% quarter-over-quarter.
- 28 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2018 and 44 closed out, a net change of -16 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2018 was Carillon Tower Advisers, an estimated $54.4M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2018 was Fidelity Investments, an estimated $104M sold.
Based on aggregated 13F filings for Q2 2018.