Alexander's
99 hedge funds and large institutions have $668M invested in Alexander's in 2018 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 35 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
8% more funds holding
Funds holding: 92 → 99 (+7)
3% less capital invested
Capital invested by funds: $691M → $668M (-$22.6M)
1.29% less ownership
Funds ownership: 35.45% → 34.16% (-1.3%)
17% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 35
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.48M |
| 2 |
Renaissance Technologies
New York
|
+$4.18M |
| 3 |
JP Morgan Chase
New York
|
+$2.08M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.29M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$855K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
EMS Capital
New York
|
-$28.1M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$6.66M |
| 3 |
BAMCO Inc
New York
|
-$2.98M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.15M |
| 5 |
State Street
Boston,
Massachusetts
|
-$574K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACI
101
AMP Capital Investors
Sydney,
Australia
| – | -$201K | -518 | Closed |
|
|
PAM
102
Panagora Asset Management
Boston,
Massachusetts
| – | -$37K | -97 | Closed |
|
103
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -3 | Closed |
|
ALX Hedge Fund Activity: Q2 2018 in Review
99 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q2 2018, worth a combined $668M — down 3.3% from $691M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new ALX positions and 4 closed out — a net gain of 7 holders — while 29 added to existing stakes and 35 trimmed.
The largest buyer was BlackRock, adding an estimated $4.48M. The largest seller was EMS Capital, cutting an estimated $28.1M.
- 99 institutional investors held Alexander's (ALX) as of Q2 2018, up from 92 in Q1 2018.
- Funds reported $668M of Alexander's stock for Q2 2018, down 3.3% quarter-over-quarter.
- 11 funds opened new Alexander's positions in Q2 2018 and 4 closed out, a net change of +7 holders.
- The largest Alexander's buyer in Q2 2018 was BlackRock, an estimated $4.48M added.
- The largest Alexander's seller in Q2 2018 was EMS Capital, an estimated $28.1M sold.
Based on aggregated 13F filings for Q2 2018.