Sunoco
106 hedge funds and large institutions have $1.31B invested in Sunoco in 2015 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 30 increasing their positions, 32 reducing their positions, and 20 closing their positions.
125% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $6.63M
79% more capital invested
Capital invested by funds: $730M → $1.31B (+$577M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
8% more funds holding
Funds holding: 98 → 106 (+8)
6% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 32
4.17% less ownership
Funds ownership: 68.6% → 64.42% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$232M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$114M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
+$52.3M |
| 4 |
Morgan Stanley
New York
|
+$18M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCMU
Cheyne Capital Management (UK)
London,
United Kingdom
|
-$36.1M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.56M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$5.95M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.26M |
| 5 |
IG
ING Group
Amsterdam,
Netherlands
|
-$4.68M |
SUN Hedge Fund Activity: Q4 2015 in Review
106 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q4 2015, worth a combined $1.31B — up 79% from $730M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SUN positions and 20 closed out — a net gain of 9 holders — while 30 added to existing stakes and 32 trimmed.
The largest buyer was Citigroup, adding an estimated $232M. The largest seller was Cheyne Capital Management (UK), exiting entirely with an estimated $36.1M sold.
- 106 institutional investors held Sunoco (SUN) as of Q4 2015, up from 98 in Q3 2015.
- Funds reported $1.31B of Sunoco stock for Q4 2015, up 79% quarter-over-quarter.
- 29 funds opened new Sunoco positions in Q4 2015 and 20 closed out, a net change of +9 holders.
- The largest Sunoco buyer in Q4 2015 was Citigroup, an estimated $232M added.
- The largest Sunoco seller in Q4 2015 was Cheyne Capital Management (UK), an estimated $36.1M sold.
Based on aggregated 13F filings for Q4 2015.