Sunoco
211 hedge funds and large institutions have $1.26B invested in Sunoco in 2024 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 63 increasing their positions, 49 reducing their positions, and 31 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 49
16% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 31
10% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $13.5M
1% more funds holding
Funds holding: 209 → 211 (+2)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
4.11% less ownership
Funds ownership: 28.9% → 24.79% (-4.1%)
13% less capital invested
Capital invested by funds: $1.46B → $1.26B (-$195M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$12.2M |
| 2 |
AA
ALPS Advisors
Denver,
Colorado
|
+$11.1M |
| 3 |
EIP
Energy Income Partners
Westport,
Connecticut
|
+$10.5M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.82M |
| 5 |
ICA
Infrastructure Capital Advisors
New York
|
+$2.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
-$73.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$46.2M |
| 3 |
Goldman Sachs
New York
|
-$42.9M |
| 4 |
Jane Street
New York
|
-$38.7M |
| 5 |
Morgan Stanley
New York
|
-$18M |
SUN Hedge Fund Activity: Q1 2024 in Review
211 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Sunoco (SUN) for Q1 2024, worth a combined $1.26B — down 13% from $1.46B a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new SUN positions and 31 closed out — a net gain of 5 holders — while 63 added to existing stakes and 49 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $12.2M. The largest seller was Blackstone Inc, cutting an estimated $73.1M.
- 211 institutional investors held Sunoco (SUN) as of Q1 2024, up from 209 in Q4 2023.
- Funds reported $1.26B of Sunoco stock for Q1 2024, down 13% quarter-over-quarter.
- 36 funds opened new Sunoco positions in Q1 2024 and 31 closed out, a net change of +5 holders.
- The largest Sunoco buyer in Q1 2024 was JP Morgan Chase, an estimated $12.2M added.
- The largest Sunoco seller in Q1 2024 was Blackstone Inc, an estimated $73.1M sold.
Based on aggregated 13F filings for Q1 2024.