Sunoco
109 hedge funds and large institutions have $750M invested in Sunoco in 2018 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 30 reducing their positions, and 24 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
5.8% more ownership
Funds ownership: 29.85% → 35.65% (+5.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 119 → 109 (-10)
11% less capital invested
Capital invested by funds: $843M → $750M (-$93.2M)
18% less call options, than puts
Call options by funds: $7.31M | Put options by funds: $8.93M
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$53.9M |
| 2 |
BlackRock
New York
|
+$19.7M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$15.4M |
| 4 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$2.96M |
| 5 |
Rafferty Asset Management
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$36.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$35.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.3M |
| 4 |
Morgan Stanley
New York
|
-$15.3M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$11.2M |
SUN Hedge Fund Activity: Q1 2018 in Review
109 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2018, worth a combined $750M — down 11% from $843M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SUN and 15 opened new positions — a net loss of 9 holders — while 30 trimmed existing stakes and 41 added.
The largest buyer was Goldman Sachs, adding an estimated $53.9M. The largest seller was Blackstone Inc, exiting entirely with an estimated $36.1M sold.
- 109 institutional investors held Sunoco (SUN) as of Q1 2018, down from 119 in Q4 2017.
- Funds reported $750M of Sunoco stock for Q1 2018, down 11% quarter-over-quarter.
- 15 funds opened new Sunoco positions in Q1 2018 and 24 closed out, a net change of -9 holders.
- The largest Sunoco buyer in Q1 2018 was Goldman Sachs, an estimated $53.9M added.
- The largest Sunoco seller in Q1 2018 was Blackstone Inc, an estimated $36.1M sold.
Based on aggregated 13F filings for Q1 2018.