Alexander's
106 hedge funds and large institutions have $618M invested in Alexander's in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 36 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
14% more funds holding
Funds holding: 93 → 106 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.05% less ownership
Funds ownership: 34.71% → 34.66% (-0.05%)
8% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 36
6% less capital invested
Capital invested by funds: $657M → $618M (-$39.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$15.4M |
| 2 |
Millennium Management
New York
|
+$6.38M |
| 3 |
LPC
Long Pond Capital
New York
|
+$5.02M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$2.93M |
| 5 |
JP Morgan Chase
New York
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$14.3M |
| 2 |
BlackRock
New York
|
-$11.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
-$7.21M |
| 4 |
Geode Capital Management
Boston,
Massachusetts
|
-$5.4M |
| 5 |
BAMCO Inc
New York
|
-$3.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
101
American Portfolios Advisors
Holbrook,
New York
| $5.23K | – | – | – |
|
|
JPLA
102
Joseph P. Lucia & Associates
Yorktown Heights,
New York
| $3K | – | – | – |
|
103
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | -$18K | -49 | -92% |
|
|
GWS
104
Glassman Wealth Services
Vienna,
Virginia
| $1K | – | – | – |
|
|
JCM
105
Julex Capital Management
Wellesley,
Massachusetts
| $1K | – | – | – |
|
106
US Bancorp
Minneapolis,
Minnesota
| $1K | – | – | – |
|
|
AIMCA
107
Alberta Investment Management Corp (AIMCo)
Edmonton,
Alberta, Canada
| – | -$852K | -2,300 | Closed |
|
|
EMG
108
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$370K | -1,000 | Closed |
|
109
Canada Life
Winnipeg,
Manitoba, Canada
| – | -$217K | -588 | Closed |
|
|
USAA
110
United Services Automobile Association
San Antonio,
Texas
| – | -$205K | -553 | Closed |
|
|
LC
111
Lindbrook Capital
Calabasas,
California
| – | -$1K | -3 | Closed |
|
|
PCP
112
Proficio Capital Partners
Newton,
Massachusetts
| – | -$1K | -3 | Closed |
|
ALX Hedge Fund Activity: Q3 2019 in Review
106 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Alexander's (ALX) for Q3 2019, worth a combined $618M — down 6% from $657M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new ALX positions and 6 closed out — a net gain of 13 holders — while 33 added to existing stakes and 36 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $15.4M. The largest seller was Franklin Resources, cutting an estimated $14.3M.
- 106 institutional investors held Alexander's (ALX) as of Q3 2019, up from 93 in Q2 2019.
- Funds reported $618M of Alexander's stock for Q3 2019, down 6% quarter-over-quarter.
- 19 funds opened new Alexander's positions in Q3 2019 and 6 closed out, a net change of +13 holders.
- The largest Alexander's buyer in Q3 2019 was Renaissance Technologies, an estimated $15.4M added.
- The largest Alexander's seller in Q3 2019 was Franklin Resources, an estimated $14.3M sold.
Based on aggregated 13F filings for Q3 2019.