Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
184 hedge funds and large institutions have $2.85B invested in Summit Materials, Inc. Class A Common Stock in 2019 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 45 increasing their positions, 71 reducing their positions, and 22 closing their positions.
675% more call options, than puts
Call options by funds: $29.2M | Put options by funds: $3.77M
27% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 22
11% more capital invested
Capital invested by funds: $2.56B → $2.85B (+$284M)
3% more funds holding
Funds holding: 178 → 184 (+6)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
37% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$64.1M |
| 2 |
IP
Interval Partners
New York
|
+$28.3M |
| 3 |
SCM
Suvretta Capital Management
New York
|
+$28M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
+$17.1M |
| 5 |
Millennium Management
New York
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$58.7M |
| 2 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$50.7M |
| 3 |
Jennison Associates
New York
|
-$32.9M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$30.9M |
| 5 |
Janus Henderson Group
London,
|
-$20.9M |
SUM Hedge Fund Activity: Q3 2019 in Review
184 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q3 2019, worth a combined $2.85B — up 11% from $2.56B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SUM positions and 22 closed out — a net gain of 6 holders — while 45 added to existing stakes and 71 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $64.1M. The largest seller was Adage Capital Partners, cutting an estimated $58.7M.
- 184 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q3 2019, up from 178 in Q2 2019.
- Funds reported $2.85B of Summit Materials, Inc. Class A Common Stock stock for Q3 2019, up 11% quarter-over-quarter.
- 28 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q3 2019 and 22 closed out, a net change of +6 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q3 2019 was Fidelity Investments, an estimated $64.1M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q3 2019 was Adage Capital Partners, an estimated $58.7M sold.
Based on aggregated 13F filings for Q3 2019.