Sunoco
76 hedge funds and large institutions have $670M invested in Sunoco in 2014 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 24 increasing their positions, 9 reducing their positions, and 10 closing their positions.
220% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 10
167% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 9
92% more capital invested
Capital invested by funds: $349M → $670M (+$321M)
33% more funds holding
Funds holding: 57 → 76 (+19)
0.84% more ownership
Funds ownership: 57.63% → 58.47% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
82% less call options, than puts
Call options by funds: $4.05M | Put options by funds: $22.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$63M |
| 2 |
Goldman Sachs
New York
|
+$40.5M |
| 3 |
Morgan Stanley
New York
|
+$29.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$26.8M |
| 5 |
DC
Davenport & Co
Richmond,
Virginia
|
+$23.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Overbrook Management Corp
New York
|
-$11.7M |
| 2 |
TCM
Trafelet Capital Management
New York
|
-$6.88M |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$2.8M |
| 4 |
BHMP
Bardin Hill Management Partners
New York
|
-$2.39M |
| 5 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$838K |
SUN Hedge Fund Activity: Q4 2014 in Review
76 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q4 2014, worth a combined $670M — up 92% from $349M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new SUN positions and 10 closed out — a net gain of 22 holders — while 24 added to existing stakes and 9 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $63M. The largest seller was Overbrook Management Corp, cutting an estimated $11.7M.
- 76 institutional investors held Sunoco (SUN) as of Q4 2014, up from 57 in Q3 2014.
- Funds reported $670M of Sunoco stock for Q4 2014, up 92% quarter-over-quarter.
- 32 funds opened new Sunoco positions in Q4 2014 and 10 closed out, a net change of +22 holders.
- The largest Sunoco buyer in Q4 2014 was OppenheimerFunds, an estimated $63M added.
- The largest Sunoco seller in Q4 2014 was Overbrook Management Corp, an estimated $11.7M sold.
Based on aggregated 13F filings for Q4 2014.