Sunoco
117 hedge funds and large institutions have $1.04B invested in Sunoco in 2016 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 40 increasing their positions, 33 reducing their positions, and 19 closing their positions.
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
21% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 33
2% more funds holding
Funds holding: 115 → 117 (+2)
3% more call options, than puts
Call options by funds: $16.8M | Put options by funds: $16.4M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.42% less ownership
Funds ownership: 41.98% → 37.56% (-4.4%)
13% less capital invested
Capital invested by funds: $1.2B → $1.04B (-$160M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$56.5M |
| 2 |
NIM
NXG Investment Management
Dallas,
Texas
|
+$31.9M |
| 3 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
+$15.3M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$8.05M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
-$54.3M |
| 2 |
Goldman Sachs
New York
|
-$40.7M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$22.8M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$22.6M |
| 5 |
Morgan Stanley
New York
|
-$19.9M |
SUN Hedge Fund Activity: Q3 2016 in Review
117 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q3 2016, worth a combined $1.04B — down 13% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new SUN positions and 19 closed out — a net gain of 5 holders — while 40 added to existing stakes and 33 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $56.5M. The largest seller was Magnetar Financial, cutting an estimated $54.3M.
- 117 institutional investors held Sunoco (SUN) as of Q3 2016, up from 115 in Q2 2016.
- Funds reported $1.04B of Sunoco stock for Q3 2016, down 13% quarter-over-quarter.
- 24 funds opened new Sunoco positions in Q3 2016 and 19 closed out, a net change of +5 holders.
- The largest Sunoco buyer in Q3 2016 was OppenheimerFunds, an estimated $56.5M added.
- The largest Sunoco seller in Q3 2016 was Magnetar Financial, an estimated $54.3M sold.
Based on aggregated 13F filings for Q3 2016.