Exploring Suburban Propane Partners, L.P. (SPH) Investor Profile: Who’s Buying and Why?

Ever wondered who's investing in Suburban Propane Partners, L.P. (SPH) and, more importantly, why? With institutional investors holding a significant 64.98% of the shares, it begs the question: What makes this master limited partnership so appealing? Is it the steady dividend yield of 9.2% as of fiscal year 2023, or perhaps the company's strategic move towards low-carbon fuel alternatives? Keep reading to uncover the major players, their investment strategies, and the factors driving their interest in SPH.

Suburban Propane Partners, L.P. (SPH) Who Invests in Suburban Propane Partners, L.P. (SPH) and Why?

Understanding the investor profile of Suburban Propane Partners, L.P. (SPH) provides valuable insights into the company's appeal and market dynamics. Examining the types of investors, their motivations, and common investment strategies can help current and potential investors make informed decisions. Here's a breakdown of who's investing in Suburban Propane Partners, L.P. (SPH) and why:

Key Investor Types:

Suburban Propane Partners, L.P. (SPH) has a mix of different investor types:

• Institutional Investors: Make up a significant portion of SPH's ownership. As of recent filings, institutional investors hold a substantial percentage of the company's shares.
• Individual Shareholders: A notable percentage of Suburban Propane Partners, L.P. (SPH) is owned by individual investors.

Some of the largest institutional shareholders include:

• Alps Advisors Inc
• AMLP - ALERIAN MLP ETF
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
• MLPA - Global X MLP ETF
• C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors
• Goldman Sachs Group Inc
• Morgan Stanley
• Bowen Hanes & Co Inc
• GLPAX - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares
• Jpmorgan Chase & Co

Institutional investors collectively held 41,904,295 shares.

Investment Motivations:

Several factors attract investors to Suburban Propane Partners, L.P. (SPH):

• Dividend Income: SPH is known for its consistent dividend payouts. The company has a history of paying dividends since 1996. The forward dividend yield is approximately 6.27%.
• Value Investing: Some investors may find SPH attractive due to its market position and essential service offerings.
• Strategic Growth in Renewable Energy: The company is focused on strategic investments in renewable energy. Capital spending for fiscal year 2025 is projected at $40-$45 million for propane operations and $35-$45 million for RNG projects.

Investment Strategies:

The investment strategies employed by SPH investors vary:

• Long-Term Holding: Many institutional investors adopt a long-term holding strategy, influenced by SPH's stable business model and consistent dividend payments.
• Dividend Reinvestment: Some investors reinvest dividends to increase their holdings in SPH, further capitalizing on the company's income-generating potential.

Financial Performance and Metrics:

Key financial data points for Suburban Propane Partners, L.P. (SPH) include:

• Market Capitalization: Approximately $1.3 billion.
• Revenue: Reported revenue of $373.3 million for Q1 2025.
• Dividend: The company's annual dividend is $1.30 per share.
• Dividend Yield: The current dividend yield is approximately 6.36%.

Recent Market Activity:

Recent market activities and insider trading can offer clues about investor sentiment:

• Executive Transactions: Recent sales of shares by company executives, such as the sale of 2,000 units by Douglas Brinkworth for $41,000, may be worth noting.
• Institutional Accumulation: Levin Capital Strategies increased its stake in Suburban Propane by 10.3%, acquiring 18,196 shares.
• The share price as of April 15, 2025 is 20.37 / share. Previously, on April 16, 2024, the share price was 18.55 / share. This represents an increase of 9.81% over that period.

Additional Resources:

For more information on Suburban Propane Partners, L.P. (SPH), you can explore:

• Company Overview: Suburban Propane Partners, L.P. (SPH): History, Ownership, Mission, How It Works & Makes Money
• Suburban Propane Partners L.P. (SPH) distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States.

Suburban Propane Partners, L.P. (SPH) Institutional Ownership and Major Shareholders of Suburban Propane Partners, L.P. (SPH)

Institutional ownership in Suburban Propane Partners, L.P. (SPH) reflects the extent to which large financial entities like mutual funds, hedge funds, and insurance companies hold the company’s stock. As of April 2025, 173 institutional owners and shareholders have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 41,904,295 shares.

As of January 2024, institutional investors held approximately 64.5% of Suburban Propane Partners, L.P. (SPH) shares, while individual shareholders owned the remaining 35.5%.

Here's a list of the top institutional investors in Suburban Propane Partners, L.P. (SPH) based on recent filings:

• Alps Advisors Inc: Holding 12,123,796 shares, representing 18.80% ownership and valued at $241.38 million.
• AMLP - ALERIAN MLP ETF.
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd: Holding 3,404,228 shares, representing 5.28% ownership and valued at $67.78 million.
• MLPA - Global X MLP ETF.
• C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors: Holding 1,415,120 shares, representing 2.19% ownership and valued at $28.18 million.
• Goldman Sachs Group Inc: Holding 1,227,987 shares, representing 1.90% ownership and valued at $24.45 million.
• Morgan Stanley: Holding 1,036,194 shares, representing 1.61% ownership and valued at $20.63 million.
• Bowen Hanes & Co Inc: Holding 816,000 shares, representing 1.27% ownership and valued at $16.25 million.
• GLPAX - Goldman Sachs MLP Energy Infrastructure Fund Class A Shares.
• Jpmorgan Chase & Co: Holding 684,155 shares, representing 1.06% ownership and valued at $13.62 million.

Additionally, Mark A. Alexander is a significant individual shareholder, owning 1.29 million shares, which represents 2.00% of the company, with a value of $25.70 million.

Changes in institutional ownership can offer insights into the sentiment and strategies of major investors. Recent data indicates:

• In the most recent quarter, 59 institutional investors increased their positions in Suburban Propane Partners, L.P. (SPH), while 50 decreased their positions, reflecting mixed sentiment among large shareholders.
• An increase of 7.31 million shares, or 21.12%, was noted in institutional shares (excluding 13D/G filings) recently.

Here is a table summarizing changes in shareholdings of some of the major institutional investors as of December 31, 2024:

Institutional investors can significantly influence a company’s stock price through large volume trading. Their actions can signal confidence or concern about a company's prospects, influencing market sentiment and stock valuation.

The share price of Suburban Propane Partners, L.P. (SPH) as of April 15, 2025, was $20.37 per share. On April 16, 2024, the share price was $18.55, representing a 9.81% increase over the year.

To gain more insights into the company's financial standing, consider exploring Breaking Down Suburban Propane Partners, L.P. (SPH) Financial Health: Key Insights for Investors.

Suburban Propane Partners, L.P. (SPH) Key Investors and Their Impact on [Company Name]

Understanding the investor profile of Suburban Propane Partners, L.P. (SPH) provides valuable insights into the company's stability, strategic direction, and potential for growth. Examining who holds significant stakes in SPH and their recent activities can shed light on market sentiment and future expectations.

While specific, real-time data on all key investors and their precise impact can fluctuate and may require specialized financial data services, we can discuss generally the types of investors and their potential influence based on available information and standard financial practices.

Types of Investors Typically Found in MLPs Like Suburban Propane Partners, L.P. (SPH):

• Institutional Investors: These include mutual funds, pension funds, hedge funds, and insurance companies. They often hold large blocks of shares and their trading activity can significantly influence stock prices.
• Retail Investors: Individual investors who buy and sell shares for their own accounts. While their individual holdings may be smaller, collectively they can have a substantial impact.
• Management and Insiders: Executives and board members who own shares in the company. Their actions are closely watched as they have the most intimate knowledge of the company's operations and prospects.

Potential Impact of Key Investors:

• Strategic Direction: Large institutional investors can sometimes exert influence on company strategy through direct engagement with management or by voting on key issues during shareholder meetings.
• Stock Volatility: Significant buying or selling activity by major investors can cause fluctuations in the stock price, affecting market sentiment and attracting other investors.
• Corporate Governance: Investors focused on Environmental, Social, and Governance (ESG) factors may push for changes in company policies related to sustainability, diversity, and ethical business practices.

Recent Moves and Investor Influence:

Keeping track of recent Form 4 filings with the SEC can provide insights into insider buying and selling activity. Monitoring major institutional holdings through 13F filings can also reveal trends in ownership. Any activist investor involvement, such as public letters to management or proxy fights, can signal potential changes in company strategy.

For detailed information on Suburban Propane Partners, L.P. (SPH)'s mission, vision, and core values, you can visit: Mission Statement, Vision, & Core Values of Suburban Propane Partners, L.P. (SPH).

Suburban Propane Partners, L.P. (SPH) Market Impact and Investor Sentiment

Understanding investor sentiment and market reactions is crucial for evaluating Suburban Propane Partners, L.P. (SPH). Recent market behaviors and analyst perspectives provide insights into the company's stability and future prospects. Examining these factors helps stakeholders gauge the potential impacts of investor actions on SPH.

Investor sentiment towards Suburban Propane Partners, L.P. (SPH) plays a significant role in shaping market dynamics. Analyzing the attitudes of major shareholders can offer clues about the overall confidence in the company's performance and strategic direction. Shifts in sentiment can precede significant movements in stock prices and trading volumes.

Recent market reactions to changes in ownership or large investor moves can provide valuable insights into the stock's sensitivity to such events. For instance, a notable increase in institutional ownership might be perceived positively, potentially driving up the stock price, while a significant sell-off by a major shareholder could trigger concerns and lead to a price decline. Monitoring these reactions helps assess the market's expectations and the perceived impact of investor behavior on Suburban Propane Partners, L.P. (SPH).

Analyst perspectives on the impact of key investors offer another layer of understanding. Analysts often evaluate how changes in the investor base might influence Suburban Propane Partners, L.P. (SPH)'s future performance. Their insights can cover various aspects, including the potential for strategic shifts, operational improvements, or financial restructuring driven by influential investors. These perspectives can help current and potential investors make informed decisions about their positions in SPH.

For those interested in understanding the foundational principles that guide Suburban Propane Partners, L.P. (SPH), further information is available at: Mission Statement, Vision, & Core Values of Suburban Propane Partners, L.P. (SPH).