Sunoco
273 hedge funds and large institutions have $3.3B invested in Sunoco in 2024 Q2 according to their latest regulatory filings, with 85 funds opening new positions, 110 increasing their positions, 34 reducing their positions, and 18 closing their positions.
372% more first-time investments, than exits
New positions opened: 85 | Existing positions closed: 18
224% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 34
161% more capital invested
Capital invested by funds: $1.26B → $3.3B (+$2.04B)
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
29% more funds holding
Funds holding: 211 → 273 (+62)
18.44% more ownership
Funds ownership: 24.79% → 43.22% (+18%)
46% less call options, than puts
Call options by funds: $26.5M | Put options by funds: $49.3M
Top Buyers
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$498M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$438M |
| 3 |
Goldman Sachs
New York
|
+$246M |
| 4 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
+$73.4M |
| 5 |
JP Morgan Chase
New York
|
+$71.5M |
Top Sellers
SUN Hedge Fund Activity: Q2 2024 in Review
273 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q2 2024, worth a combined $3.3B — up 161% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 85 funds opened new SUN positions and 18 closed out — a net gain of 67 holders — while 110 added to existing stakes and 34 trimmed.
The largest buyer was ALPS Advisors, adding an estimated $498M. The largest seller was Jennison Associates, exiting entirely with an estimated $12.2M sold.
- 273 institutional investors held Sunoco (SUN) as of Q2 2024, up from 211 in Q1 2024.
- Funds reported $3.3B of Sunoco stock for Q2 2024, up 161% quarter-over-quarter.
- 85 funds opened new Sunoco positions in Q2 2024 and 18 closed out, a net change of +67 holders.
- The largest Sunoco buyer in Q2 2024 was ALPS Advisors, an estimated $498M added.
- The largest Sunoco seller in Q2 2024 was Jennison Associates, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2024.