Sunoco
119 hedge funds and large institutions have $795M invested in Sunoco in 2016 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 37 increasing their positions, 40 reducing their positions, and 22 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
23% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 22
2% more funds holding
Funds holding: 117 → 119 (+2)
8% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 40
6.62% less ownership
Funds ownership: 37.56% → 30.94% (-6.6%)
18% less call options, than puts
Call options by funds: $25.8M | Put options by funds: $31.5M
23% less capital invested
Capital invested by funds: $1.04B → $795M (-$244M)
Top Buyers
| 1 |
O
OppenheimerFunds
New York
|
+$73.4M |
| 2 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
+$14.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.2M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$9.14M |
| 5 |
AAA
Adams Asset Advisors
Dallas,
Texas
|
+$4.64M |
Top Sellers
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$48.3M |
| 2 |
Citigroup
New York
|
-$41.8M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$25.1M |
| 4 |
TAM
TPH Asset Management
Houston,
Texas
|
-$24.5M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$23.5M |
SUN Hedge Fund Activity: Q4 2016 in Review
119 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q4 2016, worth a combined $795M — down 23% from $1.04B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new SUN positions and 22 closed out — a net gain of 5 holders — while 37 added to existing stakes and 40 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $73.4M. The largest seller was Advisory Research, exiting entirely with an estimated $48.3M sold.
- 119 institutional investors held Sunoco (SUN) as of Q4 2016, up from 117 in Q3 2016.
- Funds reported $795M of Sunoco stock for Q4 2016, down 23% quarter-over-quarter.
- 27 funds opened new Sunoco positions in Q4 2016 and 22 closed out, a net change of +5 holders.
- The largest Sunoco buyer in Q4 2016 was OppenheimerFunds, an estimated $73.4M added.
- The largest Sunoco seller in Q4 2016 was Advisory Research, an estimated $48.3M sold.
Based on aggregated 13F filings for Q4 2016.