SunCoke Energy
SXC
182 hedge funds and large institutions have $426M invested in SunCoke Energy in 2015 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 64 increasing their positions, 60 reducing their positions, and 28 closing their positions.
430% more call options, than puts
Call options by funds: $2.64M | Put options by funds: $498K
7% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 60
2% less funds holding
Funds holding: 186 → 182 (-4)
4.39% less ownership
Funds ownership: 88.36% → 83.98% (-4.4%)
14% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 28
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
43% less capital invested
Capital invested by funds: $749M → $426M (-$322M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
+$19.9M |
| 2 |
KCM
Kingstown Capital Management
New York
|
+$19.5M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$9.7M |
| 4 |
Morgan Stanley
New York
|
+$9.2M |
| 5 |
WFC
West Face Capital
Toronto,
Ontario, Canada
|
+$7.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Gruss Capital Management
New York
|
-$29.4M |
| 2 |
JCI
Jet Capital Investors
New York
|
-$27.4M |
| 3 |
Millennium Management
New York
|
-$17.1M |
| 4 |
HCM
Hawkeye Capital Management
Miami Beach,
Florida
|
-$13.6M |
| 5 |
MCP
Moab Capital Partners
Southampton,
New York
|
-$8.32M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EFSCE
201
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| – | -$1K | -58 | Closed |
|
202
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -39 | Closed |
|
SXC Hedge Fund Activity: Q3 2015 in Review
182 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in SunCoke Energy (SXC) for Q3 2015, worth a combined $426M — down 43% from $749M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of SXC and 24 opened new positions — a net loss of 4 holders — while 60 trimmed existing stakes and 64 added.
The largest buyer was Mangrove Partners, opening a new position worth an estimated $19.9M. The largest seller was Gruss Capital Management, exiting entirely with an estimated $29.4M sold.
- 182 institutional investors held SunCoke Energy (SXC) as of Q3 2015, down from 186 in Q2 2015.
- Funds reported $426M of SunCoke Energy stock for Q3 2015, down 43% quarter-over-quarter.
- 24 funds opened new SunCoke Energy positions in Q3 2015 and 28 closed out, a net change of -4 holders.
- The largest SunCoke Energy buyer in Q3 2015 was Mangrove Partners, an estimated $19.9M added.
- The largest SunCoke Energy seller in Q3 2015 was Gruss Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2015.