SUM (SUM) Institutional Buying Activity
Institutional investors tracked by InsiderSet increased exposure to SUM during the quarter ended December 31, 2024 through a combination of new purchases and expanded existing positions disclosed in SEC Form 13F filings.
The largest institutional buyer of SUM during the latest reporting period was First Eagle U.S. Value, which increased its reported SUM position by approximately $7.47M based on quarter-end filing values. Several additional hedge funds and long-term asset managers also reported meaningful increases in SUM exposure during the quarter.
Institutional buying activity can provide insight into investor conviction, sector allocation trends, and smart money positioning toward SUM. InsiderSet tracks quarterly accumulation trends, new institutional positions, ownership increases, and estimated performance of newly disclosed holdings using SEC filing data and recent market prices.
The investors highlighted on this page collectively added approximately $9.16M in reported SUM exposure during the latest filing period, reflecting continued institutional interest in SUM's growth initiatives and strategic positioning.
| Portfolio quarter | Name | Type | Quantity | Remaining | Reported stock balance |
|---|---|---|---|---|---|
| Q4 2024 | First Eagle U.S. Value | Buy | 26,000 | 217,427 | $11,001,806 |
| Q3 2024 | First Eagle U.S. Value | Buy | 191,427 | 191,427 | $7,471,396 |
| Q1 2024 | Renaissance Technologies LLC | Buy | 284,800 | 310,178 | $13,825 |
| Q3 2023 | Renaissance Technologies LLC | Buy | 346,800 | 366,178 | $11,403 |
| Q3 2020 | Renaissance Technologies LLC | Buy | 657,687 | 694,302 | $11,484 |
| Q4 2018 | Longleaf Partners | Buy | 3,569,214 | 12,820,469 | $158,974 |
| Q4 2018 | Renaissance Technologies LLC | Buy | 911,378 | 952,302 | $11,809 |
| Q3 2018 | Longleaf Partners | Buy | 9,251,255 | 9,251,255 | $168,188 |
| Q3 2018 | Appaloosa Management | Buy | 399,116 | 2,979,430 | $54,166 |
| Q2 2018 | Appaloosa Management | Buy | 121,508 | 2,580,314 | $67,733 |
| Q4 2017 | Renaissance Technologies LLC | Buy | 548,884 | 759,702 | $23,885 |
| Q4 2017 | Appaloosa Management | Buy | 546,816 | 2,510,401 | $78,927 |
| Q2 2017 | Renaissance Technologies LLC | Buy | 56,100 | 210,818 | $6,086 |
| Q1 2017 | Appaloosa Management | Buy | 872,059 | 2,566,546 | $63,419 |
| Q4 2016 | Appaloosa Management | Buy | 1,694,487 | 1,694,487 | $40,312 |
| Q4 2016 | Renaissance Technologies LLC | Buy | 27,382 | 154,718 | $3,681 |
| Q1 2016 | Renaissance Technologies LLC | Buy | 127,336 | 127,336 | $2,477 |
Frequently asked questions about SUM activity
Which institutional owners are buying SUM?
Institutional owners buying SUM include investors who have either initiated new positions or increased their existing holdings based on recent SEC 13F filings. The activity table above highlights which funds added shares in the latest reporting periods and how their positions changed over time.
What does "buy" mean in SUM activity?
"Buy" means an investor increased their reported position in SUM compared to the prior reporting period. This reflects growing exposure to SUM rather than necessarily a brand-new position (though new positions also appear as buys when prior quantity was zero).
Is institutional interest in SUM increasing?
Institutional interest in SUM can be assessed by comparing the number of tracked funds adding or increasing positions versus those trimming or exiting across the periods shown. A higher number of additions typically signals increasing participation among large filers, but it should be read alongside position sizes and the full table.