Alexander's
97 hedge funds and large institutions have $532M invested in Alexander's in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 38 increasing their positions, 30 reducing their positions, and 10 closing their positions.
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0.1% less ownership
Funds ownership: 36.52% → 36.42% (-0.1%)
3% less capital invested
Capital invested by funds: $548M → $532M (-$16.3M)
1% less funds holding
Funds holding: 98 → 97 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
V3 Capital Management
Dallas,
Texas
|
+$26.4M |
| 2 |
EC
EMS Capital
New York
|
+$18.6M |
| 3 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$3.18M |
| 4 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.89M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$29.1M |
| 2 |
Cohen & Steers
New York
|
-$18.8M |
| 3 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
-$2.75M |
| 4 |
N
Nuveen
Charlotte,
North Carolina
|
-$1.26M |
| 5 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$673K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
AQR Capital Management
Greenwich,
Connecticut
| – | -$238K | -811 | Closed |
|
102
Axa
Paris,
France
| – | -$147K | -500 | Closed |
|
103
Jones Financial Companies
Des Peres,
Missouri
| – | -$12K | -42 | Closed |
|
104
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -18 | Closed |
|
105
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -4 | Closed |
|
|
LTFS
106
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$1K | -3 | Closed |
|
107
Wells Fargo
San Francisco,
California
| – | +$292 | +1 | New |
|
ALX Hedge Fund Activity: Q3 2013 in Review
97 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q3 2013, worth a combined $532M — down 3% from $548M a quarter earlier.
Fund positioning in ALX was balanced in Q3 2013: 10 funds opened new positions, 10 closed out, 38 added to existing stakes and 30 trimmed.
The largest buyer was V3 Capital Management, adding an estimated $26.4M. The largest seller was Deutsche Bank, cutting an estimated $29.1M.
- 97 institutional investors held Alexander's (ALX) as of Q3 2013, down from 98 in Q2 2013.
- Funds reported $532M of Alexander's stock for Q3 2013, down 3% quarter-over-quarter.
- 10 funds opened new Alexander's positions in Q3 2013 and 10 closed out, a net change of 0 holders.
- The largest Alexander's buyer in Q3 2013 was V3 Capital Management, an estimated $26.4M added.
- The largest Alexander's seller in Q3 2013 was Deutsche Bank, an estimated $29.1M sold.
Based on aggregated 13F filings for Q3 2013.