First Trust Advisors Boosts Sun Communities Stake

Investment firm increases holdings in real estate investment trust by over 1,600%

Mar. 13, 2026 at 7:54am

First Trust Advisors LP significantly increased its stake in Sun Communities, Inc. (NYSE:SUI), a real estate investment trust that specializes in manufactured housing communities and RV resorts, by 1,663.7% in the third quarter of 2025 according to a recent SEC filing. The firm now owns 305,988 shares of the REIT, valued at $39.47 million.

Why it matters

Sun Communities is a major player in the manufactured housing and RV resort sectors, which have seen increased demand in recent years as more Americans seek affordable housing and vacation options. The significant increase in First Trust Advisors' stake suggests the firm sees strong growth potential in the company.

The details

According to the 13F filing, First Trust Advisors acquired an additional 288,639 shares of Sun Communities in the third quarter, bringing its total holdings to 305,988 shares. This represents about 0.25% of the REIT's outstanding shares. The investment firm cited the company's strong performance and growth prospects as reasons for increasing its position.

  • First Trust Advisors lifted its stake in Sun Communities in the 3rd quarter of 2025.

The players

First Trust Advisors LP

An investment management firm that provides a variety of financial products and services, including mutual funds, exchange-traded funds, and investment advisory services.

Sun Communities, Inc.

A real estate investment trust that owns and operates manufactured housing communities and recreational vehicle resorts across the United States.

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The takeaway

The significant increase in First Trust Advisors' stake in Sun Communities suggests the firm sees strong growth potential in the REIT's manufactured housing and RV resort businesses, which have benefited from rising demand for affordable housing and vacation options.