Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
262 hedge funds and large institutions have $3.68B invested in Summit Materials, Inc. Class A Common Stock in 2022 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 90 increasing their positions, 90 reducing their positions, and 38 closing their positions.
121% more call options, than puts
Call options by funds: $25.3M | Put options by funds: $11.5M
13% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 38
1% more funds holding
Funds holding: 260 → 262 (+2)
0% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 90
23% less capital invested
Capital invested by funds: $4.81B → $3.68B (-$1.13B)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$30.7M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
+$18M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$17.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$16.4M |
| 5 |
Millennium Management
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$63.9M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$42.8M |
| 3 |
Bank of New York Mellon
New York
|
-$29.9M |
| 4 |
FCM
Frontier Capital Management
Boston,
Massachusetts
|
-$15.7M |
| 5 |
Janus Henderson Group
London,
|
-$14.2M |
SUM Hedge Fund Activity: Q1 2022 in Review
262 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q1 2022, worth a combined $3.68B — down 23% from $4.81B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new SUM positions and 38 closed out — a net gain of 5 holders — while 90 added to existing stakes and 90 trimmed.
The largest buyer was Principal Financial Group, adding an estimated $30.7M. The largest seller was Nuveen, cutting an estimated $63.9M.
- 262 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q1 2022, up from 260 in Q4 2021.
- Funds reported $3.68B of Summit Materials, Inc. Class A Common Stock stock for Q1 2022, down 23% quarter-over-quarter.
- 43 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q1 2022 and 38 closed out, a net change of +5 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q1 2022 was Principal Financial Group, an estimated $30.7M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q1 2022 was Nuveen, an estimated $63.9M sold.
Based on aggregated 13F filings for Q1 2022.