Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
242 hedge funds and large institutions have $3.3B invested in Summit Materials, Inc. Class A Common Stock in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 83 increasing their positions, 104 reducing their positions, and 31 closing their positions.
16% more capital invested
Capital invested by funds: $2.86B → $3.3B (+$444M)
6% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 31
0% less funds holding
Funds holding: 243 → 242 (-1)
10% less call options, than puts
Call options by funds: $5.07M | Put options by funds: $5.66M
20% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 104
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$53.2M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$22.7M |
| 3 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$21.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$20.7M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
+$14.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
-$47.6M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$43.5M |
| 3 |
HP
Harvey Partners
Tarrytown,
New York
|
-$18M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$13M |
| 5 |
DCM
DG Capital Management
New York
|
-$10.6M |
SUM Hedge Fund Activity: Q4 2022 in Review
242 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q4 2022, worth a combined $3.3B — up 16% from $2.86B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new SUM positions and 31 closed out — a net gain of 2 holders — while 83 added to existing stakes and 104 trimmed.
The largest buyer was Victory Capital Management, adding an estimated $53.2M. The largest seller was Principal Financial Group, cutting an estimated $47.6M.
- 242 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q4 2022, down from 243 in Q3 2022.
- Funds reported $3.3B of Summit Materials, Inc. Class A Common Stock stock for Q4 2022, up 16% quarter-over-quarter.
- 33 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q4 2022 and 31 closed out, a net change of +2 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q4 2022 was Victory Capital Management, an estimated $53.2M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q4 2022 was Principal Financial Group, an estimated $47.6M sold.
Based on aggregated 13F filings for Q4 2022.