Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
193 hedge funds and large institutions have $2.45B invested in Summit Materials, Inc. Class A Common Stock in 2018 Q3 according to their latest regulatory filings, with 37 funds opening new positions, 75 increasing their positions, 60 reducing their positions, and 54 closing their positions.
1,014% more call options, than puts
Call options by funds: $46.5M | Put options by funds: $4.18M
25% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 60
9% less funds holding
Funds holding: 211 → 193 (-18)
27% less capital invested
Capital invested by funds: $3.36B → $2.45B (-$907M)
31% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 54
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$205M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
+$87.5M |
| 3 |
Janus Henderson Group
London,
|
+$61M |
| 4 |
WIM
Weitz Investment Management
Omaha,
Nebraska
|
+$31.3M |
| 5 |
LM
Luminus Management
Houston,
Texas
|
+$31.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCS
Levin Capital Strategies
New York
|
-$50.8M |
| 2 |
SCM
Steadfast Capital Management
New York
|
-$39.3M |
| 3 |
Holocene Advisors
New York
|
-$38.5M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
-$32.5M |
| 5 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$28.5M |
SUM Hedge Fund Activity: Q3 2018 in Review
193 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q3 2018, worth a combined $2.45B — down 27% from $3.36B a quarter earlier.
Sellers outnumbered buyers: 54 funds closed out of SUM and 37 opened new positions — a net loss of 17 holders — while 60 trimmed existing stakes and 75 added.
The largest buyer was Southeastern Asset Management, opening a new position worth an estimated $205M. The largest seller was Levin Capital Strategies, exiting entirely with an estimated $50.8M sold.
- 193 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q3 2018, down from 211 in Q2 2018.
- Funds reported $2.45B of Summit Materials, Inc. Class A Common Stock stock for Q3 2018, down 27% quarter-over-quarter.
- 37 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q3 2018 and 54 closed out, a net change of -17 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q3 2018 was Southeastern Asset Management, an estimated $205M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q3 2018 was Levin Capital Strategies, an estimated $50.8M sold.
Based on aggregated 13F filings for Q3 2018.