SunCoke Energy
SXC
195 hedge funds and large institutions have $854M invested in SunCoke Energy in 2015 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 72 increasing their positions, 55 reducing their positions, and 21 closing their positions.
143% more call options, than puts
Call options by funds: $11.8M | Put options by funds: $4.86M
33% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 21
31% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 55
3% more funds holding
Funds holding: 189 → 195 (+6)
1.78% less ownership
Funds ownership: 87.77% → 85.99% (-1.8%)
24% less capital invested
Capital invested by funds: $1.12B → $854M (-$271M)
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$27.7M |
| 2 |
GCM
Gruss Capital Management
New York
|
+$11.9M |
| 3 |
Renaissance Technologies
New York
|
+$11.9M |
| 4 |
CC
Clearline Capital
New York
|
+$10.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWCA
Brenner West Capital Advisors
New York
|
-$36.8M |
| 2 |
BAMCO Inc
New York
|
-$20M |
| 3 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$18.8M |
| 4 |
AIM
Allen Investment Management
New York
|
-$16.3M |
| 5 |
PWAM
Park West Asset Management
San Francisco,
California
|
-$16.2M |
SXC Hedge Fund Activity: Q1 2015 in Review
195 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in SunCoke Energy (SXC) for Q1 2015, worth a combined $854M — down 24% from $1.12B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SXC positions and 21 closed out — a net gain of 7 holders — while 72 added to existing stakes and 55 trimmed.
The largest buyer was Millennium Management, adding an estimated $27.7M. The largest seller was Brenner West Capital Advisors, exiting entirely with an estimated $36.8M sold.
- 195 institutional investors held SunCoke Energy (SXC) as of Q1 2015, up from 189 in Q4 2014.
- Funds reported $854M of SunCoke Energy stock for Q1 2015, down 24% quarter-over-quarter.
- 28 funds opened new SunCoke Energy positions in Q1 2015 and 21 closed out, a net change of +7 holders.
- The largest SunCoke Energy buyer in Q1 2015 was Millennium Management, an estimated $27.7M added.
- The largest SunCoke Energy seller in Q1 2015 was Brenner West Capital Advisors, an estimated $36.8M sold.
Based on aggregated 13F filings for Q1 2015.