Seritage Growth Properties (SRG)

• Market cap: $245M
• Sector: Real Estate
• Industry: Real Estate

About: Seritage Growth Properties is principally engaged in the ownership, development, redevelopment, management and leasing of diversified and mixed-use properties throughout the United States.

Employees: 19

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

803% more call options, than puts

Call options by funds: $38.8M | Put options by funds: $4.3M

0.56% less ownership

Funds ownership: 50.15% [Q1] → 49.6% (-0.56%) [Q2]

14% less funds holding

Funds holding: 111 [Q1] → 96 (-15) [Q2]

26% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 42

50% less funds holding in top 10

Funds holding in top 10: 8 [Q1] → 4 (-4) [Q2]

51% less capital invested

Capital invested by funds: $272M [Q1] → $132M (-$139M) [Q2]

63% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 24