Sunoco
107 hedge funds and large institutions have $627M invested in Sunoco in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 24 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
4.61% less ownership
Funds ownership: 30.94% → 26.33% (-4.6%)
10% less funds holding
Funds holding: 119 → 107 (-12)
21% less capital invested
Capital invested by funds: $795M → $627M (-$168M)
46% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 24
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
68% less call options, than puts
Call options by funds: $12.5M | Put options by funds: $38.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$22.2M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$14.7M |
| 3 |
JP Morgan Chase
New York
|
+$10.3M |
| 4 |
O
OppenheimerFunds
New York
|
+$3.42M |
| 5 |
VanEck Associates
New York
|
+$1.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$56.1M |
| 2 |
Morgan Stanley
New York
|
-$31.2M |
| 3 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$15.1M |
| 4 |
Goldman Sachs
New York
|
-$13.4M |
| 5 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
-$8.2M |
SUN Hedge Fund Activity: Q1 2017 in Review
107 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2017, worth a combined $627M — down 21% from $795M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SUN and 13 opened new positions — a net loss of 11 holders — while 32 trimmed existing stakes and 42 added.
The largest buyer was Bank of America, adding an estimated $22.2M. The largest seller was Citigroup, cutting an estimated $56.1M.
- 107 institutional investors held Sunoco (SUN) as of Q1 2017, down from 119 in Q4 2016.
- Funds reported $627M of Sunoco stock for Q1 2017, down 21% quarter-over-quarter.
- 13 funds opened new Sunoco positions in Q1 2017 and 24 closed out, a net change of -11 holders.
- The largest Sunoco buyer in Q1 2017 was Bank of America, an estimated $22.2M added.
- The largest Sunoco seller in Q1 2017 was Citigroup, an estimated $56.1M sold.
Based on aggregated 13F filings for Q1 2017.