Franklin Street Properties
176 hedge funds and large institutions have $930M invested in Franklin Street Properties in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 67 increasing their positions, 60 reducing their positions, and 16 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 60
1.04% less ownership
Funds ownership: 82.73% → 81.69% (-1%)
5% less funds holding
Funds holding: 185 → 176 (-9)
5% less capital invested
Capital invested by funds: $983M → $930M (-$52.6M)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
89% less call options, than puts
Call options by funds: $48K | Put options by funds: $446K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$6.93M |
| 2 |
BlackRock
New York
|
+$5.53M |
| 3 |
Renaissance Technologies
New York
|
+$3.71M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$3.55M |
| 5 |
Prudential Financial
Newark,
New Jersey
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$24.3M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$4.83M |
| 3 |
JP Morgan Chase
New York
|
-$4.48M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
-$3.66M |
| 5 |
LCM
Laurion Capital Management
New York
|
-$2.92M |
FSP Hedge Fund Activity: Q3 2017 in Review
176 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Franklin Street Properties (FSP) for Q3 2017, worth a combined $930M — down 5.4% from $983M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FSP and 9 opened new positions — a net loss of 7 holders — while 60 trimmed existing stakes and 67 added.
The largest buyer was Invesco, adding an estimated $6.93M. The largest seller was Allianz Asset Management, exiting entirely with an estimated $24.3M sold.
- 176 institutional investors held Franklin Street Properties (FSP) as of Q3 2017, down from 185 in Q2 2017.
- Funds reported $930M of Franklin Street Properties stock for Q3 2017, down 5.4% quarter-over-quarter.
- 9 funds opened new Franklin Street Properties positions in Q3 2017 and 16 closed out, a net change of -7 holders.
- The largest Franklin Street Properties buyer in Q3 2017 was Invesco, an estimated $6.93M added.
- The largest Franklin Street Properties seller in Q3 2017 was Allianz Asset Management, an estimated $24.3M sold.
Based on aggregated 13F filings for Q3 2017.