Sunoco
209 hedge funds and large institutions have $1.5B invested in Sunoco in 2023 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 55 increasing their positions, 57 reducing their positions, and 20 closing their positions.
156% more call options, than puts
Call options by funds: $40.5M | Put options by funds: $15.8M
120% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 20
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
60% more capital invested
Capital invested by funds: $940M → $1.5B (+$561M)
12% more funds holding
Funds holding: 186 → 209 (+23)
6.95% more ownership
Funds ownership: 22.84% → 29.79% (+7%)
4% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
ALPS Advisors
Denver,
Colorado
|
+$505M |
| 2 |
Blackstone Inc
New York
|
+$46.6M |
| 3 |
Morgan Stanley
New York
|
+$35.8M |
| 4 |
Goldman Sachs
New York
|
+$14.7M |
| 5 |
Jennison Associates
New York
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$206M |
| 2 |
JP Morgan Chase
New York
|
-$61.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$20M |
| 4 |
N
Natixis
Paris,
France
|
-$19.6M |
| 5 |
Citigroup
New York
|
-$9.53M |
SUN Hedge Fund Activity: Q4 2023 in Review
209 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q4 2023, worth a combined $1.5B — up 60% from $940M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new SUN positions and 20 closed out — a net gain of 24 holders — while 55 added to existing stakes and 57 trimmed.
The largest buyer was ALPS Advisors, opening a new position worth an estimated $505M. The largest seller was Invesco, cutting an estimated $206M.
- 209 institutional investors held Sunoco (SUN) as of Q4 2023, up from 186 in Q3 2023.
- Funds reported $1.5B of Sunoco stock for Q4 2023, up 60% quarter-over-quarter.
- 44 funds opened new Sunoco positions in Q4 2023 and 20 closed out, a net change of +24 holders.
- The largest Sunoco buyer in Q4 2023 was ALPS Advisors, an estimated $505M added.
- The largest Sunoco seller in Q4 2023 was Invesco, an estimated $206M sold.
Based on aggregated 13F filings for Q4 2023.