Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
176 hedge funds and large institutions have $1.96B invested in Summit Materials, Inc. Class A Common Stock in 2020 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 65 increasing their positions, 58 reducing their positions, and 36 closing their positions.
2,683% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $1.04M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
12% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 58
8% more capital invested
Capital invested by funds: $1.82B → $1.96B (+$142M)
5% less funds holding
Funds holding: 186 → 176 (-10)
22% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$57.8M |
| 2 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$18.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$12.8M |
| 4 |
GC
GMT Capital
Atlanta,
Georgia
|
+$11.9M |
| 5 |
Goldman Sachs
New York
|
+$11.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$22.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$19.1M |
| 3 |
IP
Interval Partners
New York
|
-$16.7M |
| 4 |
Janus Henderson Group
London,
|
-$15.9M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$14.8M |
SUM Hedge Fund Activity: Q2 2020 in Review
176 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2020, worth a combined $1.96B — up 7.8% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SUM and 28 opened new positions — a net loss of 8 holders — while 58 trimmed existing stakes and 65 added.
The largest buyer was Fidelity Investments, adding an estimated $57.8M. The largest seller was Bank of New York Mellon, cutting an estimated $22.3M.
- 176 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2020, down from 186 in Q1 2020.
- Funds reported $1.96B of Summit Materials, Inc. Class A Common Stock stock for Q2 2020, up 7.8% quarter-over-quarter.
- 28 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2020 and 36 closed out, a net change of -8 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2020 was Fidelity Investments, an estimated $57.8M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2020 was Bank of New York Mellon, an estimated $22.3M sold.
Based on aggregated 13F filings for Q2 2020.