Sunoco
103 hedge funds and large institutions have $1.09B invested in Sunoco in 2016 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 39 increasing their positions, 26 reducing their positions, and 25 closing their positions.
70% more call options, than puts
Call options by funds: $11.9M | Put options by funds: $6.99M
50% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 26
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
3% less funds holding
Funds holding: 106 → 103 (-3)
17% less capital invested
Capital invested by funds: $1.31B → $1.09B (-$220M)
26.53% less ownership
Funds ownership: 64.42% → 37.9% (-27%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$26M |
| 2 |
O
OppenheimerFunds
New York
|
+$22.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.5M |
| 4 |
ClearBridge Investments
New York
|
+$9.05M |
| 5 |
GXMC
Global X Management Company
New York
|
+$5.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$26.7M |
| 2 |
Goldman Sachs
New York
|
-$23.7M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$13.4M |
| 4 |
Millennium Management
New York
|
-$12.6M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.62M |
SUN Hedge Fund Activity: Q1 2016 in Review
103 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2016, worth a combined $1.09B — down 17% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of SUN and 23 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 39 added.
The largest buyer was Royal Bank of Canada, adding an estimated $26M. The largest seller was Allianz Asset Management, cutting an estimated $26.7M.
- 103 institutional investors held Sunoco (SUN) as of Q1 2016, down from 106 in Q4 2015.
- Funds reported $1.09B of Sunoco stock for Q1 2016, down 17% quarter-over-quarter.
- 23 funds opened new Sunoco positions in Q1 2016 and 25 closed out, a net change of -2 holders.
- The largest Sunoco buyer in Q1 2016 was Royal Bank of Canada, an estimated $26M added.
- The largest Sunoco seller in Q1 2016 was Allianz Asset Management, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2016.