Sunoco
113 hedge funds and large institutions have $933M invested in Sunoco in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 31 increasing their positions, 28 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
49% more capital invested
Capital invested by funds: $627M → $933M (+$306M)
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
11% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 28
6% more funds holding
Funds holding: 107 → 113 (+6)
4.31% more ownership
Funds ownership: 26.33% → 30.64% (+4.3%)
4% less call options, than puts
Call options by funds: $22.1M | Put options by funds: $23M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$50.9M |
| 2 |
Citigroup
New York
|
+$28.1M |
| 3 |
Morgan Stanley
New York
|
+$27.1M |
| 4 |
JP Morgan Chase
New York
|
+$24.3M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$10.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.81M |
| 2 |
ClearBridge Investments
New York
|
-$6M |
| 3 |
SCM
Samson Capital Management
Leawood,
Kansas
|
-$3.43M |
| 4 |
BCFA
BP Capital Fund Advisors
Dallas,
Texas
|
-$2.59M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.48M |
SUN Hedge Fund Activity: Q2 2017 in Review
113 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q2 2017, worth a combined $933M — up 49% from $627M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new SUN positions and 19 closed out — a net gain of 6 holders — while 31 added to existing stakes and 28 trimmed.
The largest buyer was Bank of America, adding an estimated $50.9M. The largest seller was Susquehanna International Group, cutting an estimated $9.81M.
- 113 institutional investors held Sunoco (SUN) as of Q2 2017, up from 107 in Q1 2017.
- Funds reported $933M of Sunoco stock for Q2 2017, up 49% quarter-over-quarter.
- 25 funds opened new Sunoco positions in Q2 2017 and 19 closed out, a net change of +6 holders.
- The largest Sunoco buyer in Q2 2017 was Bank of America, an estimated $50.9M added.
- The largest Sunoco seller in Q2 2017 was Susquehanna International Group, an estimated $9.81M sold.
Based on aggregated 13F filings for Q2 2017.