Suburban Propane Partners (SPH)

• Market cap: $1.12B
• 1 day: -1.70%
• 5 days: -6.77%
• 1 month: -2.75%
• 3 months: -1.87%
• 6 months: -4.99%
• Year to date: 1.46%
• 1 year: -4.20%
• 5 years: -20.93%
• 10 years: -59.83%
• Sector: Consumer Discretionary
• Industry: Miscellaneous Retail

About: Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.

Employees: 3,211

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

68% more repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 25

22% more call options, than puts

Call options by funds: $1.59M | Put options by funds: $1.3M

1.03% less ownership

Funds ownership: 36.06% [Q2] → 35.04% (-1.03%) [Q3]

6% less funds holding

Funds holding: 131 [Q2] → 123 (-8) [Q3]

8% less capital invested

Capital invested by funds: $439M [Q2] → $403M (-$36M) [Q3]

44% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 18