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150 hedge funds and large institutions have $845M invested in Sunoco in 2019 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

260% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 10

58% more call options, than puts

Call options by funds: $9.67M | Put options by funds: $6.12M

19% more funds holding

Funds holding: 126150 (+24)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 37

0.52% less ownership

Funds ownership: 33.9%33.38% (-0.52%)

4% less capital invested

Capital invested by funds: $882M → $845M (-$36.4M)

Holders
150
Holders Change
+24
Holders Change %
+19.05%
% of All Funds
2.96%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
36
Increased
37
Reduced
37
Closed
10
Calls
$9.67M
Puts
$6.12M
Net Calls
+$3.55M
Net Calls Change
-$6.11M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$446M -$23.5M -746,418 -5%
Goldman Sachs
2
Goldman Sachs
New York
$114M -$43.6M -1,384,249 -27%
Morgan Stanley
3
Morgan Stanley
New York
$35.2M +$25.7M +814,648 +242%
DPIM
4
Duff & Phelps Investment Management
Illinois
$20.4M -$1.58M -50,000 -7%
UBS Group
5
UBS Group
Switzerland
$20.1M -$926K -29,400 -4%
BlackRock
6
BlackRock
New York
$19M +$1.58M +50,000 +9%
ClearBridge Investments
7
ClearBridge Investments
New York
$15.5M +$58K +1,840 +0.4%
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$14.1M -$3.04M -96,602 -17%
Bessemer Group
9
Bessemer Group
New Jersey
$13.6M +$14M +443,280 New
TCA
10
Tortoise Capital Advisors
Kansas
$12.2M +$4.19M +133,015 +50%
AAA
11
Adams Asset Advisors
Texas
$8.91M +$2.53M +80,399 +38%
NIM
12
NXG Investment Management
Texas
$7.04M
CCM
13
Cadence Capital Management
Massachusetts
$6.02M
SOAMC
14
Spirit of America Management Corp
New York
$5.98M -$256K -8,120 -4%
KPW
15
Kore Private Wealth
New York
$5.74M -$46.3K -1,468 -0.8%
Marshall Wace
16
Marshall Wace
United Kingdom
$5.38M +$5.54M +175,720 New
IECM
17
Intrinsic Edge Capital Management
Illinois
$5.2M +$1.58M +50,000 +42%
BIM
18
Bridgecreek Investment Management
Oklahoma
$5.11M +$132K +4,200 +3%
GF
19
Gabelli Funds
New York
$4.53M
RJFSA
20
Raymond James Financial Services Advisors
Florida
$4.39M +$483K +15,321 +12%
California Public Employees Retirement System
21
California Public Employees Retirement System
California
$3.67M +$484K +15,363 +15%
Wells Fargo
22
Wells Fargo
California
$3.62M -$96.5K -3,064 -3%
State of New Jersey Common Pension Fund D
23
State of New Jersey Common Pension Fund D
New Jersey
$3.31M
MIM
24
MetLife Investment Management
New Jersey
$3.16M
RIA
25
Recurrent Investment Advisors
Texas
$3.12M +$3.21M +101,835 New

SUN Hedge Fund Activity: Q4 2019 in Review

150 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q4 2019, worth a combined $845M — down 4.1% from $882M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new SUN positions and 10 closed out — a net gain of 26 holders — while 37 added to existing stakes and 37 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $25.7M. The largest seller was Goldman Sachs, cutting an estimated $43.6M.

  • 150 institutional investors held Sunoco (SUN) as of Q4 2019, up from 126 in Q3 2019.
  • Funds reported $845M of Sunoco stock for Q4 2019, down 4.1% quarter-over-quarter.
  • 36 funds opened new Sunoco positions in Q4 2019 and 10 closed out, a net change of +26 holders.
  • The largest Sunoco buyer in Q4 2019 was Morgan Stanley, an estimated $25.7M added.
  • The largest Sunoco seller in Q4 2019 was Goldman Sachs, an estimated $43.6M sold.

Based on aggregated 13F filings for Q4 2019.