Alexander's
92 hedge funds and large institutions have $691M invested in Alexander's in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 31 reducing their positions, and 14 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 31
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.93% less ownership
Funds ownership: 36.37% → 35.45% (-0.93%)
6% less capital invested
Capital invested by funds: $736M → $691M (-$45.3M)
7% less funds holding
Funds holding: 99 → 92 (-7)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIRH
Madison International Realty Holdings
New York
|
+$2.52M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$1.71M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$659K |
| 4 |
BlackRock
New York
|
+$601K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAMCO Inc
New York
|
-$8.87M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$3.64M |
| 3 |
Morgan Stanley
New York
|
-$3.12M |
| 4 |
Goldman Sachs
New York
|
-$1.79M |
| 5 |
Renaissance Technologies
New York
|
-$1.56M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$200K | -506 | Closed |
|
102
Parallax Volatility Advisers
San Francisco,
California
| – | -$133K | -336 | Closed |
|
103
Fuller & Thaler Asset Management
San Mateo,
California
| – | -$40K | -100 | Closed |
|
|
QI
104
QS Investors
New York
| – | -$40K | -100 | Closed |
|
|
STA
105
Summit Trail Advisors
New York
| – | -$3K | -7 | Closed |
|
106
SEI Investments
Oaks,
Pennsylvania
| – | +$371 | +1 | New |
|
ALX Hedge Fund Activity: Q1 2018 in Review
92 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q1 2018, worth a combined $691M — down 6.2% from $736M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of ALX and 7 opened new positions — a net loss of 7 holders — while 31 trimmed existing stakes and 34 added.
The largest buyer was Madison International Realty Holdings, adding an estimated $2.52M. The largest seller was BAMCO Inc, cutting an estimated $8.87M.
- 92 institutional investors held Alexander's (ALX) as of Q1 2018, down from 99 in Q4 2017.
- Funds reported $691M of Alexander's stock for Q1 2018, down 6.2% quarter-over-quarter.
- 7 funds opened new Alexander's positions in Q1 2018 and 14 closed out, a net change of -7 holders.
- The largest Alexander's buyer in Q1 2018 was Madison International Realty Holdings, an estimated $2.52M added.
- The largest Alexander's seller in Q1 2018 was BAMCO Inc, an estimated $8.87M sold.
Based on aggregated 13F filings for Q1 2018.