Alexander's
99 hedge funds and large institutions have $736M invested in Alexander's in 2017 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 33 increasing their positions, 32 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
1% more funds holding
Funds holding: 98 → 99 (+1)
3% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 32
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.13% less ownership
Funds ownership: 36.5% → 36.37% (-0.13%)
7% less capital invested
Capital invested by funds: $789M → $736M (-$53.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIRH
Madison International Realty Holdings
New York
|
+$4.79M |
| 2 |
BlackRock
New York
|
+$3.82M |
| 3 |
Morgan Stanley
New York
|
+$3.36M |
| 4 |
Renaissance Technologies
New York
|
+$1.65M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.38M |
| 2 |
EC
EMS Capital
New York
|
-$6.04M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$2.01M |
| 4 |
FAF
Första AP-fonden
Stockholm,
Sweden
|
-$679K |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$616K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFA
101
Nationwide Fund Advisors
Columbus,
Ohio
| – | -$496K | -1,169 | Closed |
|
|
VF
102
Virtu Financial
New York
| – | -$469K | -1,107 | Closed |
|
103
Russell Investments Group
London,
United Kingdom
| – | -$396K | -934 | Closed |
|
104
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$297K | -700 | Closed |
|
105
Credit Agricole
Montrouge Cedex,
France
| – | -$235K | -553 | Closed |
|
|
YMRC
106
Yorktown Management & Research Company
Forest,
Virginia
| – | -$212K | -500 | Closed |
|
|
N
107
Natixis
Paris,
France
| – | -$203K | -478 | Closed |
|
|
NMERB
108
New Mexico Educational Retirement Board
Santa Fe,
New Mexico
| – | -$142K | -336 | Closed |
|
ALX Hedge Fund Activity: Q4 2017 in Review
99 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q4 2017, worth a combined $736M — down 6.7% from $789M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new ALX positions and 10 closed out — a net gain of 2 holders — while 33 added to existing stakes and 32 trimmed.
The largest buyer was Madison International Realty Holdings, opening a new position worth an estimated $4.79M. The largest seller was Deutsche Bank, cutting an estimated $8.38M.
- 99 institutional investors held Alexander's (ALX) as of Q4 2017, up from 98 in Q3 2017.
- Funds reported $736M of Alexander's stock for Q4 2017, down 6.7% quarter-over-quarter.
- 12 funds opened new Alexander's positions in Q4 2017 and 10 closed out, a net change of +2 holders.
- The largest Alexander's buyer in Q4 2017 was Madison International Realty Holdings, an estimated $4.79M added.
- The largest Alexander's seller in Q4 2017 was Deutsche Bank, an estimated $8.38M sold.
Based on aggregated 13F filings for Q4 2017.