Alexander's
98 hedge funds and large institutions have $764M invested in Alexander's in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 39 increasing their positions, 31 reducing their positions, and 6 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 31
0.19% less ownership
Funds ownership: 36.8% → 36.61% (-0.19%)
2% less funds holding
Funds holding: 100 → 98 (-2)
11% less capital invested
Capital invested by funds: $857M → $764M (-$93.6M)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
Brookfield Corp
Toronto,
Ontario, Canada
|
+$11.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.59M |
| 3 |
California Public Employees Retirement System
Sacramento,
California
|
+$979K |
| 4 |
New York State Common Retirement Fund
Albany,
New York
|
+$809K |
| 5 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$489K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
REMS
Real Estate Management Services
|
-$10.5M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.98M |
| 3 |
Cohen & Steers
New York
|
-$2.2M |
| 4 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$1.56M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Neuberger Berman Group
New York
| – | -$368K | -806 | Closed |
|
|
MAM
102
Martingale Asset Management
Boston,
Massachusetts
| – | -$320K | -700 | Closed |
|
103
M&T Bank
Buffalo,
New York
| – | -$215K | -472 | Closed |
|
|
OSAM
104
O'Shaughnessy Asset Management
Stamford,
Connecticut
| – | -$5K | -12 | Closed |
|
ALX Hedge Fund Activity: Q2 2015 in Review
98 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q2 2015, worth a combined $764M — down 11% from $857M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ALX and 5 opened new positions — a net loss of 1 holder — while 31 trimmed existing stakes and 39 added.
The largest buyer was Brookfield Corp, adding an estimated $11.2M. The largest seller was Real Estate Management Services, cutting an estimated $10.5M.
- 98 institutional investors held Alexander's (ALX) as of Q2 2015, down from 100 in Q1 2015.
- Funds reported $764M of Alexander's stock for Q2 2015, down 11% quarter-over-quarter.
- 5 funds opened new Alexander's positions in Q2 2015 and 6 closed out, a net change of -1 holder.
- The largest Alexander's buyer in Q2 2015 was Brookfield Corp, an estimated $11.2M added.
- The largest Alexander's seller in Q2 2015 was Real Estate Management Services, an estimated $10.5M sold.
Based on aggregated 13F filings for Q2 2015.