Alexander's
99 hedge funds and large institutions have $801M invested in Alexander's in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 10 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
2% more capital invested
Capital invested by funds: $784M → $801M (+$16.7M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.02% less ownership
Funds ownership: 36.32% → 36.3% (-0.02%)
9% less funds holding
Funds holding: 109 → 99 (-10)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$81.9M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.48M |
| 3 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$2.65M |
| 4 |
Renaissance Technologies
New York
|
+$2.35M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.97M |
| 2 |
SEI Investments
Oaks,
Pennsylvania
|
-$1.53M |
| 3 |
MIRH
Madison International Realty Holdings
New York
|
-$1.48M |
| 4 |
Charles Schwab
San Francisco,
California
|
-$1.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DR
101
Dickerman Ronald
| – | -$1.02M | -2,383 | Closed |
|
|
WI
102
WBI Investments
Red Bank,
New Jersey
| – | -$936K | -2,192 | Closed |
|
|
NI
103
Numeric Investors
Boston,
Massachusetts
| – | -$817K | -1,914 | Closed |
|
|
CCA
104
Catalyst Capital Advisors
Huntington,
New York
| – | -$491K | -1,150 | Closed |
|
|
VKH
105
Virtu KCG Holdings
New York
| – | -$385K | -902 | Closed |
|
106
HSBC Holdings
London,
United Kingdom
| – | -$321K | -753 | Closed |
|
107
Millennium Management
New York
| – | -$210K | -492 | Closed |
|
108
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -12 | Closed |
|
|
IA
109
IFP Advisors
Tampa,
Florida
| – | -$2K | -4 | Closed |
|
ALX Hedge Fund Activity: Q1 2017 in Review
99 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q1 2017, worth a combined $801M — up 2.1% from $784M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of ALX and 6 opened new positions — a net loss of 4 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was BlackRock, adding an estimated $81.9M. The largest seller was Morgan Stanley, cutting an estimated $1.97M.
- 99 institutional investors held Alexander's (ALX) as of Q1 2017, down from 109 in Q4 2016.
- Funds reported $801M of Alexander's stock for Q1 2017, up 2.1% quarter-over-quarter.
- 6 funds opened new Alexander's positions in Q1 2017 and 10 closed out, a net change of -4 holders.
- The largest Alexander's buyer in Q1 2017 was BlackRock, an estimated $81.9M added.
- The largest Alexander's seller in Q1 2017 was Morgan Stanley, an estimated $1.97M sold.
Based on aggregated 13F filings for Q1 2017.