Sunoco
188 hedge funds and large institutions have $772M invested in Sunoco in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 53 increasing their positions, 52 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
19% more call options, than puts
Call options by funds: $11.7M | Put options by funds: $9.81M
4% more funds holding
Funds holding: 181 → 188 (+7)
2% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 52
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.06% less ownership
Funds ownership: 21.15% → 21.09% (-0.06%)
2% less capital invested
Capital invested by funds: $784M → $772M (-$12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$9.92M |
| 2 |
Blackstone Inc
New York
|
+$3.52M |
| 3 |
IG
ING Group
Amsterdam,
Netherlands
|
+$3.2M |
| 4 |
N
Natixis
Paris,
France
|
+$3.2M |
| 5 |
Jane Street
New York
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$14.4M |
| 2 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
-$4.37M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.16M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.77M |
| 5 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$2.51M |
SUN Hedge Fund Activity: Q2 2023 in Review
188 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q2 2023, worth a combined $772M — down 1.5% from $784M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new SUN positions and 16 closed out — a net gain of 7 holders — while 53 added to existing stakes and 52 trimmed.
The largest buyer was Miller Howard Investments, opening a new position worth an estimated $9.92M. The largest seller was Invesco, cutting an estimated $14.4M.
- 188 institutional investors held Sunoco (SUN) as of Q2 2023, up from 181 in Q1 2023.
- Funds reported $772M of Sunoco stock for Q2 2023, down 1.5% quarter-over-quarter.
- 23 funds opened new Sunoco positions in Q2 2023 and 16 closed out, a net change of +7 holders.
- The largest Sunoco buyer in Q2 2023 was Miller Howard Investments, an estimated $9.92M added.
- The largest Sunoco seller in Q2 2023 was Invesco, an estimated $14.4M sold.
Based on aggregated 13F filings for Q2 2023.