Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
237 hedge funds and large institutions have $2.8B invested in Summit Materials, Inc. Class A Common Stock in 2022 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 91 increasing their positions, 73 reducing their positions, and 53 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 73
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less funds holding
Funds holding: 262 → 237 (-25)
24% less capital invested
Capital invested by funds: $3.68B → $2.8B (-$882M)
36% less call options, than puts
Call options by funds: $5.07M | Put options by funds: $7.87M
38% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$25.8M |
| 2 |
ACB
Aristotle Capital Boston
Boston,
Massachusetts
|
+$23.6M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$19.2M |
| 4 |
Jennison Associates
New York
|
+$13.5M |
| 5 |
Millennium Management
New York
|
+$12.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$47.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.9M |
| 3 |
IP
Interval Partners
New York
|
-$13.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$12.4M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$9.97M |
SUM Hedge Fund Activity: Q2 2022 in Review
237 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q2 2022, worth a combined $2.8B — down 24% from $3.68B a quarter earlier.
Sellers outnumbered buyers: 53 funds closed out of SUM and 33 opened new positions — a net loss of 20 holders — while 73 trimmed existing stakes and 91 added.
The largest buyer was Fidelity Investments, adding an estimated $25.8M. The largest seller was Victory Capital Management, cutting an estimated $47.6M.
- 237 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q2 2022, down from 262 in Q1 2022.
- Funds reported $2.8B of Summit Materials, Inc. Class A Common Stock stock for Q2 2022, down 24% quarter-over-quarter.
- 33 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q2 2022 and 53 closed out, a net change of -20 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q2 2022 was Fidelity Investments, an estimated $25.8M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q2 2022 was Victory Capital Management, an estimated $47.6M sold.
Based on aggregated 13F filings for Q2 2022.