Franklin Street Properties
176 hedge funds and large institutions have $772M invested in Franklin Street Properties in 2014 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 72 increasing their positions, 47 reducing their positions, and 12 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 47
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
4% more funds holding
Funds holding: 170 → 176 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 68.92% → 68.65% (-0.27%)
11% less capital invested
Capital invested by funds: $868M → $772M (-$96.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PMG
Private Management Group
Irvine,
California
|
+$15.8M |
| 2 |
Nuveen
Charlotte,
North Carolina
|
+$14.9M |
| 3 |
FM
Forward Management
San Francisco,
California
|
+$10.7M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$3.16M |
| 5 |
D.E. Shaw & Co
New York
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$30.7M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$11.5M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$9.16M |
| 4 |
State Street
Boston,
Massachusetts
|
-$3.83M |
| 5 |
DLG
Daniel L. Goodwin
|
-$3.64M |
FSP Hedge Fund Activity: Q3 2014 in Review
176 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Franklin Street Properties (FSP) for Q3 2014, worth a combined $772M — down 11% from $868M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FSP positions and 12 closed out — a net gain of 6 holders — while 72 added to existing stakes and 47 trimmed.
The largest buyer was Private Management Group, adding an estimated $15.8M. The largest seller was Fidelity Investments, cutting an estimated $30.7M.
- 176 institutional investors held Franklin Street Properties (FSP) as of Q3 2014, up from 170 in Q2 2014.
- Funds reported $772M of Franklin Street Properties stock for Q3 2014, down 11% quarter-over-quarter.
- 18 funds opened new Franklin Street Properties positions in Q3 2014 and 12 closed out, a net change of +6 holders.
- The largest Franklin Street Properties buyer in Q3 2014 was Private Management Group, an estimated $15.8M added.
- The largest Franklin Street Properties seller in Q3 2014 was Fidelity Investments, an estimated $30.7M sold.
Based on aggregated 13F filings for Q3 2014.