SUNOCO LP/SUNOCO FIN CORP SUN
COM UT REP LP · MLP · CUSIP 86765K109
- SectorEnergy
- IndustryPetroleum Refining
- HeadquartersDallas, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $53.59. Options: 9 managers hold calls ($28.5m notional), 11 hold puts ($48.5m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 167 |
| Q4 2022 | 179 |
| Q1 2023 | 182 |
| Q2 2023 | 189 |
| Q3 2023 | 187 |
| Q4 2023 | 210 |
| Q1 2024 | 210 |
| Q2 2024 | 274 |
| Q3 2024 | 275 |
| Q4 2024 | 269 |
| Q1 2025 | 291 |
| Q2 2025 | 280 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 86 | 63 |
| Q4 2023 | 89 | 77 |
| Q1 2024 | 96 | 82 |
| Q2 2024 | 191 | 52 |
| Q3 2024 | 112 | 96 |
| Q4 2024 | 101 | 106 |
| Q1 2025 | 130 | 94 |
| Q2 2025 | 123 | 98 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $17.3m | $44.0m | 2.55 |
| Q4 2024 | $11.1m | $37.1m | 3.34 |
| Q1 2025 | $31.4m | $28.0m | 0.89 |
| Q2 2025 | $28.5m | $48.5m | 1.70 |
Biggest buyers
| COOPERMAN LEON G | Added | +1.2m |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC | Added | +686.2k |
| BARCLAYS PLC | Added | +443.0k |
| ALPS ADVISORS INC | Added | +357.2k |
| CITIGROUP INC | Added | +202.3k |
| TORTOISE CAPITAL ADVISORS, L.L.C. | Added | +191.1k |
| HENNESSY ADVISORS INC | New | +166.8k |
| ROYAL BANK OF CANADA | Added | +158.8k |
| UBS Group AG | Added | +126.1k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO | Added | +93.4k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -921.3k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | Reduced | -173.1k |
| Allianz Asset Management GmbH | Reduced | -158.2k |
| ING GROEP NV | Reduced | -92.9k |
| Invesco Ltd. | Reduced | -85.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | Reduced | -64.3k |
| STIFEL FINANCIAL CORP | Reduced | -62.8k |
| ICON ADVISERS INC/CO | Sold out | -56.0k |
| MORGAN STANLEY | Reduced | -53.2k |
| FIRST TRUST ADVISORS LP | Reduced | -34.1k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $9.3m174.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $5.6m104.5k shares |
| GROUP ONE TRADING LLC | Added | $4.4m82.1k shares |
| JANE STREET GROUP, LLC | Added | $4.3m81.0k shares |
| BANK OF AMERICA CORP /DE/ | New | $2.3m43.4k shares |
| WOLVERINE TRADING, LLC | Added | $1.2m22.8k shares |
| IMC-Chicago, LLC | Added | $1.1m19.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $219.0k4.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Grantham, Mayo, Van Otterloo & Co. LLC | New | $21.2m395.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $15.6m291.2k shares |
| IMC-Chicago, LLC | Added | $3.5m64.8k shares |
| CITADEL ADVISORS LLC | Reduced | $2.4m44.1k shares |
| JANE STREET GROUP, LLC | Reduced | $1.9m35.1k shares |
| Caption Management, LLC | Unchanged | $1.5m28.0k shares |
| WOLVERINE TRADING, LLC | Added | $1.3m24.7k shares |
| CSS LLC/IL | New | $669.9k12.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $284.0k5.3k shares |
| GROUP ONE TRADING LLC | Reduced | $187.6k3.5k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ALPS ADVISORS INC 13G · institution -0.5 pts · filed 2026-10-07 | 11.4% |
| Invesco Ltd. 13G · institution +1.8 pts · filed 2026-05-06 | 6.5% |
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 1 | $416.7k | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 5 | $630.1k | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| ALPS ADVISORS INC 7.26% of their portfolio | 23.5m $1.3bn | Added +357.2k |
| Invesco Ltd. 0.08% of their portfolio | 9.1m $486.6m | Reduced -85.2k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 6.5m $348.6m | Reduced -18.7k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.29% of their portfolio | 2.8m $150.3m | Reduced -173.1k |
| Energy Income Partners, LLC 1.98% of their portfolio | 1.9m $101.0m | Added +73.7k |
| Blackstone Inc. 0.43% of their portfolio | 1.8m $96.3m | Added +41.7k |
| COOPERMAN LEON G 2.77% of their portfolio | 1.5m $78.8m | Added +1.2m |
| TORTOISE CAPITAL ADVISORS, L.L.C. 0.98% of their portfolio | 1.4m $75.3m | Added +191.1k |
| UBS Group AG 0.01% of their portfolio | 1.2m $61.7m | Added +126.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $59.5m | Reduced -53.2k |
| INFRASTRUCTURE CAPITAL ADVISORS, LLC 6.35% of their portfolio | 982.7k $52.7m | Added +686.2k |
| Recurrent Investment Advisors LLC 4.05% of their portfolio | 933.6k $50.0m | Added +724 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 772.0k $41.4m | Reduced -921.3k |
| MILLER HOWARD INVESTMENTS INC /NY 1.17% of their portfolio | 691.1k $37.0m | Added +3.9k |
| NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio | 670.3k $35.9m | Added +25.8k |
| Clearbridge Investments, LLC 0.03% of their portfolio | 662.9k $35.5m | Reduced -22.5k |
| Fractal Investments LLC 4.71% of their portfolio | 616.5k $33.0m | Added +63.8k |
| BOWEN HANES & CO INC 0.81% of their portfolio | 600.0k $32.2m | Unchanged |
| Adams Asset Advisors, LLC 4.31% of their portfolio | 571.5k $30.6m | Added +2.3k |
| BARCLAYS PLC 0.01% of their portfolio | 444.2k $23.8m | Added +443.0k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 366.0k $19.6m | Added +19.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 317.9k $17.0m | Added +158.8k |
| CITIGROUP INC 0.01% of their portfolio | 247.4k $13.3m | Added +202.3k |
| HUB Investment Partners, LLC 0.39% of their portfolio | 206.6k $11.1m | Reduced -236 |
| LPL Financial LLC 0.00% of their portfolio | 190.7k $10.2m | Added +5.7k |
| ING GROEP NV 0.06% of their portfolio | 183.1k $9.8m | Reduced -92.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 166.8k $8.9m | Added +7.8k |
| HENNESSY ADVISORS INC 0.30% of their portfolio | 166.8k $8.9m | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 161.3k $8.6m | Reduced -28.3k |
| Kercheville Advisors, LLC 2.85% of their portfolio | 154.1k $8.3m | Added +2 |
| Allianz Asset Management GmbH 0.01% of their portfolio | 146.3k $7.8m | Reduced -158.2k |
| CHICKASAW CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 144.4k $7.7m | Added +6.4k |
| Sanctuary Advisors, LLC 0.04% of their portfolio | 128.8k $6.9m | Added +19.7k |
| CIBC Private Wealth Group LLC 0.01% of their portfolio | 126.2k $6.8m | Added +1.1k |
| EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio | 114.8k $6.2m | Reduced -3.6k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.07% of their portfolio | 113.3k $6.1m | Added +93.4k |
| Summit Financial, LLC 0.11% of their portfolio | 93.2k $5.0m | Added +1 |
| Texas Yale Capital Corp. 0.16% of their portfolio | 90.7k $4.9m | Added +9.2k |
| Waverly Advisors, LLC 0.05% of their portfolio | 77.7k $4.2m | Added +3.1k |
| NBW CAPITAL LLC 0.88% of their portfolio | 76.0k $4.1m | Added +1.4k |
| HRT FINANCIAL LP 0.02% of their portfolio | 75.1k $4.0m | Added +30.9k |
| Waldron Private Wealth LLC 0.17% of their portfolio | 71.0k $3.8m | Unchanged |
| J.W. COLE ADVISORS, INC. 0.07% of their portfolio | 64.9k $3.5m | Reduced -5.4k |
| Kestra Advisory Services, LLC 0.02% of their portfolio | 63.3k $3.4m | Reduced -1.8k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 56.2k $3.0m | Reduced -5.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 51.5k $2.8m | Added +37.1k |
| Advisors Asset Management, Inc. 0.05% of their portfolio | 50.5k $2.7m | Added +1.0k |
| WHITTIER TRUST CO OF NEVADA INC 0.06% of their portfolio | 50.4k $2.7m | Reduced -21.8k |
| Mariner, LLC 0.00% of their portfolio | 49.5k $2.7m | Added +13.4k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 46.8k $2.5m | Added +40.7k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 45.8k $2.5m | Reduced -34.1k |
| Sovereign Investment Advisors, LLC 0.64% of their portfolio | 43.5k $2.3m | New |
| Crescent Grove Advisors, LLC 0.23% of their portfolio | 43.4k $2.3m | Added +17.6k |
| Barnett & Company, Inc. 1.78% of their portfolio | 42.3k $2.3m | Unchanged |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 41.8k $2.2m | Reduced -449 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 41.1k $2.3m | Added +35.8k |
| Glenmede Investment Management, LP 0.01% of their portfolio | 38.8k $2.1m | First filing |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 37.5k $2.0m | Added +2.8k |
| Creative Planning 0.00% of their portfolio | 36.6k $2.0m | Added +40 |
| PARK CIRCLE Co 1.67% of their portfolio | 36.4k $1.9m | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 35.9k $1.9m | Added +2.4k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.05% of their portfolio | 35.4k $1.9m | Reduced -64.3k |
| Ellsworth Advisors, LLC 0.45% of their portfolio | 34.6k $1.9m | Added +3.2k |
| VAN ECK ASSOCIATES CORP 0.00% of their portfolio | 33.8k $1.8m | Added +4.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 33.8k $1.8m | Added +1.9k |
| Finer Wealth Management, Inc. 0.94% of their portfolio | 32.9k $1.8m | Added +859 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 32.2k $1.7m | Reduced -62.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 31.3k $1.7m | Reduced -1.3k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 30.0k $1.6m | Added +16.7k |
| WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio | 29.0k $1.6m | Added +3.4k |
| Empirical Asset Management, LLC 0.47% of their portfolio | 28.5k $1.5m | Unchanged |
| CASTLEARK MANAGEMENT LLC 0.04% of their portfolio | 27.8k $1.5m | Unchanged |
| Apollon Wealth Management, LLC 0.03% of their portfolio | 27.3k $1.5m | Reduced -11.7k |
| Zurich Insurance Group Ltd/FI 0.01% of their portfolio | 27.2k $1.5m | Unchanged |
| ELCO Management Co., LLC 0.74% of their portfolio | 26.2k $1.4m | Added +95 |
| CASCADE INVESTMENT GROUP, INC. 0.93% of their portfolio | 24.9k $1.3m | Reduced -600 |
| HighTower Advisors, LLC 0.00% of their portfolio | 24.6k $1.3m | Reduced -1.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 24.4k $1.3m | Reduced -809 |
| FMR LLC 0.00% of their portfolio | 24.2k $1.3m | Added +2.9k |
| Gilman Hill Asset Management, LLC 0.20% of their portfolio | 23.0k $1.2m | Added +4.3k |
| DIVIDEND ASSETS CAPITAL, LLC 0.21% of their portfolio | 22.0k $1.2m | Reduced -3.4k |
| Private Advisor Group, LLC 0.01% of their portfolio | 21.2k $1.1m | Reduced -15.4k |
| CW Advisors, LLC 0.01% of their portfolio | 19.5k $1.0m | Reduced -96 |
| AMERICAN FINANCIAL GROUP INC 0.39% of their portfolio | 19.5k $1.0m | Unchanged |
| Focus Financial Network, Inc. 0.04% of their portfolio | 19.2k $1.0m | Added +1.8k |
| US BANCORP \DE\ 0.00% of their portfolio | 19.0k $1.0m | Reduced -2.6k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 17.8k $951.5k | Added +131 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 17.1k $916.0k | Added +2.6k |
| BlackRock, Inc. 0.00% of their portfolio | 16.9k $907.0k | Reduced -27.6k |
| Sigma Planning Corp 0.03% of their portfolio | 16.3k $873.8k | Reduced -2.0k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 16.3k $871.7k | Reduced -356 |
| CARY STREET PARTNERS FINANCIAL LLC 0.02% of their portfolio | 16.1k $863.8k | Unchanged |
| Cresset Asset Management, LLC 0.00% of their portfolio | 15.8k $848.8k | Added +11.7k |
| MCDONALD PARTNERS LLC 0.20% of their portfolio | 15.5k $831.0k | Added +4 |
| Moors & Cabot, Inc. 0.04% of their portfolio | 15.4k $826.6k | Unchanged |
| NATIXIS 0.00% of their portfolio | 15.1k $809.2k | Reduced -20.1k |
| Linscomb Wealth, Inc. 0.04% of their portfolio | 14.7k $789.9k | Unchanged |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 14.0k $750.0k | Reduced -1.5k |
| IFG Advisory, LLC 0.04% of their portfolio | 13.8k $737.1k | Unchanged |
| Quad-Cities Investment Group, LLC 0.33% of their portfolio | 13.6k $727.6k | Added +536 |