Sunoco
134 hedge funds and large institutions have $571M invested in Sunoco in 2020 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 39 increasing their positions, 32 reducing their positions, and 20 closing their positions.
152% more call options, than puts
Call options by funds: $16.7M | Put options by funds: $6.63M
43% more capital invested
Capital invested by funds: $400M → $571M (+$171M)
30% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 20
22% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 32
4% more funds holding
Funds holding: 129 → 134 (+5)
0.71% less ownership
Funds ownership: 30.82% → 30.11% (-0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$41.6M |
| 2 |
BHC
Bowen Hanes & Co
Ponte Vedra Beach,
Florida
|
+$12.1M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$9.58M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$6.07M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$4.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$67.5M |
| 2 |
Morgan Stanley
New York
|
-$14.6M |
| 3 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$3.95M |
| 4 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$3.09M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$2.27M |
SUN Hedge Fund Activity: Q2 2020 in Review
134 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q2 2020, worth a combined $571M — up 43% from $400M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SUN positions and 20 closed out — a net gain of 6 holders — while 39 added to existing stakes and 32 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $41.6M. The largest seller was Invesco, cutting an estimated $67.5M.
- 134 institutional investors held Sunoco (SUN) as of Q2 2020, up from 129 in Q1 2020.
- Funds reported $571M of Sunoco stock for Q2 2020, up 43% quarter-over-quarter.
- 26 funds opened new Sunoco positions in Q2 2020 and 20 closed out, a net change of +6 holders.
- The largest Sunoco buyer in Q2 2020 was Goldman Sachs, an estimated $41.6M added.
- The largest Sunoco seller in Q2 2020 was Invesco, an estimated $67.5M sold.
Based on aggregated 13F filings for Q2 2020.