Sunoco
123 hedge funds and large institutions have $899M invested in Sunoco in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 33 increasing their positions, 29 reducing their positions, and 22 closing their positions.
39% more call options, than puts
Call options by funds: $13.2M | Put options by funds: $9.47M
14% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 29
13% more capital invested
Capital invested by funds: $798M → $899M (+$101M)
0% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 22
0.71% less ownership
Funds ownership: 35.58% → 34.87% (-0.71%)
1% less funds holding
Funds holding: 124 → 123 (-1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$13.8M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$8.24M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$7.93M |
| 4 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$6.14M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$12.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$9.6M |
| 3 |
Morgan Stanley
New York
|
-$8.63M |
| 4 |
VAIA
Virtus Alternative Investment Advisers
Hartford,
Connecticut
|
-$7.56M |
| 5 |
Goldman Sachs
New York
|
-$6.15M |
SUN Hedge Fund Activity: Q1 2019 in Review
123 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2019, worth a combined $899M — up 13% from $798M a quarter earlier.
Fund positioning in SUN was balanced in Q1 2019: 22 funds opened new positions, 22 closed out, 33 added to existing stakes and 29 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $13.8M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $12.9M sold.
- 123 institutional investors held Sunoco (SUN) as of Q1 2019, down from 124 in Q4 2018.
- Funds reported $899M of Sunoco stock for Q1 2019, up 13% quarter-over-quarter.
- 22 funds opened new Sunoco positions in Q1 2019 and 22 closed out, a net change of 0 holders.
- The largest Sunoco buyer in Q1 2019 was OppenheimerFunds, an estimated $13.8M added.
- The largest Sunoco seller in Q1 2019 was Intrinsic Edge Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2019.