Asset Management One 13F: New $11M Stake in SUNB
Key Points
- Asset Management One opened a new position with 153,704 shares in Sunbelt Rentals Holdings, worth about $11.25 million.
- The fund's stake represents 0.08% of its approximately $13.98 billion reported portfolio.
- Sunbelt Rentals recently traded at $81.84, above its event close of $79.40 on October 26, 2026, showing a 3.1% increase since.
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Asset Management One disclosed a new position in Sunbelt Rentals Holdings, Inc. (SUNB) on October 27, 2026. The fund took 153,704 shares valued at about $11.25 million in its latest Form 13F filing with the SEC.
SUNB
Sunbelt Rentals Holdings, Inc.
What Changed in Asset Management One's Sunbelt Rentals Position
Asset Management One opened a new position in Sunbelt Rentals Holdings with 153,704 shares. This stake is valued at approximately $11.25 million.
Where Sunbelt Rentals Fits in Asset Management One's Portfolio
Sunbelt Rentals now makes up 0.08% of Asset Management One's total reported portfolio, which is valued at around $13.98 billion. This position ranks 43rd out of 940 total fund positions.
Other Institutional Activity in Sunbelt Rentals
Dodge & Cox Inc. holds 54,761,610 shares of Sunbelt Rentals, valued at about $4.48 billion, after increasing its stake by 1,662,017 shares. Principal Financial Group, Inc. also increased its holdings by 1,323,470 shares, totaling 7,934,212 shares worth approximately $649.3 million.
Sunbelt Rentals Holdings, Inc. Stock Up 3.8%
As of October 28, 2026, Sunbelt Rentals shares traded recently around $81.84, which is above the event close of $79.40 on October 26, 2026. This indicates a 3.1% increase since then, suggesting investor confidence.
Recent Earnings
For the trailing twelve months, Sunbelt Rentals reported revenue of approximately $11.47 billion, with a net margin of 12.1% and a return on equity of 18.4%. The next earnings report is scheduled for December 9, 2026.
Insider Buying and Selling at Sunbelt Rentals Holdings, Inc.
On October 1, 2026, Officer Kyle Horgan bought 25 shares at an average price of $73.30, totaling about $1,863. This transaction occurred before the recent filing.
Analysts Set New Price Targets
On September 17, 2026, Goldman Sachs upgraded Sunbelt Rentals to a Buy rating with a target price of $93.00. The consensus among analysts suggests a mix of ratings, with some maintaining a neutral stance.
About Sunbelt Rentals
Sunbelt Rentals Holdings, Inc. provides construction and industrial equipment rental services in the U.S., U.K., and Canada. The company operates various segments, including general tool and specialty rentals, catering to diverse customer needs.
Bottom Line
Investors should watch for the upcoming earnings report on December 9, 2026, and keep an eye on further institutional activity in Sunbelt Rentals, especially after this significant new position by Asset Management One.
Related Filing Alerts
Source: Asset Management One's 13F filing on $SUNB (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts