Summit Materials, Inc. Class A Common Stock
SUM was delisted on the 10th of February, 2025.
335 hedge funds and large institutions have $4.79B invested in Summit Materials, Inc. Class A Common Stock in 2024 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 129 increasing their positions, 94 reducing their positions, and 27 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
115% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 27
37% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 94
9% more funds holding
Funds holding: 306 → 335 (+29)
7% more capital invested
Capital invested by funds: $4.47B → $4.79B (+$324M)
97% less call options, than puts
Call options by funds: $2.69M | Put options by funds: $80.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$38.1M |
| 2 |
SI
Standard Investments
New York
|
+$32.6M |
| 3 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$18.8M |
| 4 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$16.5M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$14.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$29.5M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$25.9M |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$18M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$17.4M |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
-$15M |
SUM Hedge Fund Activity: Q3 2024 in Review
335 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Summit Materials, Inc. Class A Common Stock (SUM) for Q3 2024, worth a combined $4.79B — up 7.2% from $4.47B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new SUM positions and 27 closed out — a net gain of 31 holders — while 129 added to existing stakes and 94 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $38.1M. The largest seller was Citadel Advisors, cutting an estimated $29.5M.
- 335 institutional investors held Summit Materials, Inc. Class A Common Stock (SUM) as of Q3 2024, up from 306 in Q2 2024.
- Funds reported $4.79B of Summit Materials, Inc. Class A Common Stock stock for Q3 2024, up 7.2% quarter-over-quarter.
- 58 funds opened new Summit Materials, Inc. Class A Common Stock positions in Q3 2024 and 27 closed out, a net change of +31 holders.
- The largest Summit Materials, Inc. Class A Common Stock buyer in Q3 2024 was Goldman Sachs, an estimated $38.1M added.
- The largest Summit Materials, Inc. Class A Common Stock seller in Q3 2024 was Citadel Advisors, an estimated $29.5M sold.
Based on aggregated 13F filings for Q3 2024.