Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
178 hedge funds and large institutions have $2.56B invested in Summit Materials, Inc. Class A Common Stock in 2019 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 68 increasing their positions, 56 reducing their positions, and 37 closing their positions.
1,227% more call options, than puts
Call options by funds: $38.5M | Put options by funds: $2.9M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
21% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 56
19% more capital invested
Capital invested by funds: $2.14B → $2.56B (+$417M)
10% less funds holding
Funds holding: 198 → 178 (-20)
46% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$26.6M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$23.4M |
| 3 |
Goldman Sachs
New York
|
+$18.9M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$18.1M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
+$16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
TimesSquare Capital Management
New York
|
-$42M |
| 2 |
SAM
Scopus Asset Management
New York
|
-$26.1M |
| 3 |
Jennison Associates
New York
|
-$14.8M |
| 4 |
EIP
Epoch Investment Partners
New York
|
-$14.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$10.3M |
SUM Hedge Fund Activity: Q2 2019 in Review
178 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2019, worth a combined $2.56B — up 19% from $2.14B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of SUM and 20 opened new positions — a net loss of 17 holders — while 56 trimmed existing stakes and 68 added.
The largest buyer was Invesco, adding an estimated $26.6M. The largest seller was TimesSquare Capital Management, exiting entirely with an estimated $42M sold.
- 178 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2019, down from 198 in Q1 2019.
- Funds reported $2.56B of Summit Materials, Inc. Class A Common Stock stock for Q2 2019, up 19% quarter-over-quarter.
- 20 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2019 and 37 closed out, a net change of -17 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2019 was Invesco, an estimated $26.6M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2019 was TimesSquare Capital Management, an estimated $42M sold.
Based on aggregated 13F filings for Q2 2019.