Sunoco
186 hedge funds and large institutions have $940M invested in Sunoco in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 68 increasing their positions, 42 reducing their positions, and 21 closing their positions.
501% more call options, than puts
Call options by funds: $39.4M | Put options by funds: $6.56M
62% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 42
22% more capital invested
Capital invested by funds: $772M → $940M (+$168M)
1.75% more ownership
Funds ownership: 21.09% → 22.84% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
10% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 21
1% less funds holding
Funds holding: 188 → 186 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.7M |
| 2 |
Jane Street
New York
|
+$17.9M |
| 3 |
N
Natixis
Paris,
France
|
+$10.3M |
| 4 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$5.75M |
| 5 |
JP Morgan Chase
New York
|
+$5.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$10.6M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
-$4.6M |
| 3 |
BI
Bramshill Investments
Naples,
Florida
|
-$1.72M |
| 4 |
Blackstone Inc
New York
|
-$1.47M |
| 5 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$1.32M |
SUN Hedge Fund Activity: Q3 2023 in Review
186 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q3 2023, worth a combined $940M — up 22% from $772M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of SUN and 19 opened new positions — a net loss of 2 holders — while 42 trimmed existing stakes and 68 added.
The largest buyer was Susquehanna International Group, adding an estimated $18.7M. The largest seller was Invesco, cutting an estimated $10.6M.
- 186 institutional investors held Sunoco (SUN) as of Q3 2023, down from 188 in Q2 2023.
- Funds reported $940M of Sunoco stock for Q3 2023, up 22% quarter-over-quarter.
- 19 funds opened new Sunoco positions in Q3 2023 and 21 closed out, a net change of -2 holders.
- The largest Sunoco buyer in Q3 2023 was Susquehanna International Group, an estimated $18.7M added.
- The largest Sunoco seller in Q3 2023 was Invesco, an estimated $10.6M sold.
Based on aggregated 13F filings for Q3 2023.