Sunoco
49 hedge funds and large institutions have $218M invested in Sunoco in 2014 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
20% more funds holding
Funds holding: 41 → 49 (+8)
6% more capital invested
Capital invested by funds: $206M → $218M (+$12.5M)
0.09% less ownership
Funds ownership: 56.48% → 56.39% (-0.09%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.67M |
| 3 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$2.36M |
| 4 |
O
OppenheimerFunds
New York
|
+$1.49M |
| 5 |
GA
Geneva Advisors
Chicago,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Trafelet Capital Management
New York
|
-$8.4M |
| 2 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$4.66M |
| 3 |
NC
NBW Capital
Boston,
Massachusetts
|
-$2.01M |
| 4 |
Goldman Sachs
New York
|
-$1.92M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$656K |
SUN Hedge Fund Activity: Q1 2014 in Review
49 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2014, worth a combined $218M — up 6.1% from $206M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new SUN positions and 2 closed out — a net gain of 9 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $4.5M. The largest seller was Trafelet Capital Management, exiting entirely with an estimated $8.4M sold.
- 49 institutional investors held Sunoco (SUN) as of Q1 2014, up from 41 in Q4 2013.
- Funds reported $218M of Sunoco stock for Q1 2014, up 6.1% quarter-over-quarter.
- 11 funds opened new Sunoco positions in Q1 2014 and 2 closed out, a net change of +9 holders.
- The largest Sunoco buyer in Q1 2014 was Bank of America, an estimated $4.5M added.
- The largest Sunoco seller in Q1 2014 was Trafelet Capital Management, an estimated $8.4M sold.
Based on aggregated 13F filings for Q1 2014.