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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading; offshore oil production; petroleum refining in Canada and the United States; and the Company’s Petro-Canada retail and wholesale distribution networks (including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicle (EV) stations). The Company is developing petroleum resources while advancing the transition to a lower-emissions future through investments in lower-emissions intensity power, renewable feedstock fuels and projects targeting emissions intensity. The Company also conducts energy trading activities focused primarily on the marketing and trading of crude oil, natural gas, byproducts, refined products and power. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region.


TSX:SU - Post by User

Post by Obscure1on May 17, 2022 6:08pm
264 Views
Post# 34690649

The Caisse and other institutions continue to bail

The Caisse and other institutions continue to bailSU continued to swallow up a good chunk of the selling via its NCIB.

The Caisse sold just under 12 million shares to hold 3.8 million at the end of March.  I expect they are out now. 

Three American funds (Dox 13mm, Artisan 9mm, and FIL 7mm) collectively sold another 29mm

Institutional holdings dropped by 36 million shares during Q1

ACTIVE POSITIONS HOLDERS SHARES
Increased Positions 275 89,309,036
Decreased Positions 226 125,589,960

The 13F filings have to be submitted within 45 days of the end of each quarter are always interesting.  You can take a look here: 

https://www.nasdaq.com/market-activity/stocks/su/institutional-holdings
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