Franklin Street Properties
175 hedge funds and large institutions have $859M invested in Franklin Street Properties in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 72 increasing their positions, 51 reducing their positions, and 13 closing their positions.
167% more call options, than puts
Call options by funds: $8K | Put options by funds: $3K
41% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.79% less ownership
Funds ownership: 68.12% → 67.32% (-0.79%)
2% less capital invested
Capital invested by funds: $881M → $859M (-$21.6M)
3% less funds holding
Funds holding: 180 → 175 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
+$12.8M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$6.28M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$5.2M |
| 4 |
Prudential Financial
Newark,
New Jersey
|
+$4.46M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$4.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nuveen
Charlotte,
North Carolina
|
-$15.9M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$6.31M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.45M |
| 4 |
DLG
Daniel L. Goodwin
|
-$3.92M |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$2.68M |
FSP Hedge Fund Activity: Q3 2013 in Review
175 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Franklin Street Properties (FSP) for Q3 2013, worth a combined $859M — down 2.4% from $881M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FSP and 9 opened new positions — a net loss of 4 holders — while 51 trimmed existing stakes and 72 added.
The largest buyer was Managed Account Advisors, adding an estimated $12.8M. The largest seller was Nuveen, cutting an estimated $15.9M.
- 175 institutional investors held Franklin Street Properties (FSP) as of Q3 2013, down from 180 in Q2 2013.
- Funds reported $859M of Franklin Street Properties stock for Q3 2013, down 2.4% quarter-over-quarter.
- 9 funds opened new Franklin Street Properties positions in Q3 2013 and 13 closed out, a net change of -4 holders.
- The largest Franklin Street Properties buyer in Q3 2013 was Managed Account Advisors, an estimated $12.8M added.
- The largest Franklin Street Properties seller in Q3 2013 was Nuveen, an estimated $15.9M sold.
Based on aggregated 13F filings for Q3 2013.