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SAFE

Safehold

146 hedge funds and large institutions have $965M invested in Safehold in 2014 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 44 increasing their positions, 57 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more call options, than puts

Call options by funds: $5.7M | Put options by funds: $3.03M

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

3% more funds holding

Funds holding: 142146 (+4)

23% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 57

46% less capital invested

Capital invested by funds: $1.8B → $965M (-$838M)

Holders
146
Holders Change
+4
Holders Change %
+2.82%
% of All Funds
4.22%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
22
Increased
44
Reduced
57
Closed
17
Calls
$5.7M
Puts
$3.03M
Net Calls
+$2.67M
Net Calls Change
+$17.4M
Name Holding Trade Value Shares
Change
Change in
Stake
REMS
26
Real Estate Management Services
$9.19M -$1.51M -20,630 -14%
PI
27
Putnam Investments
Massachusetts
$9.11M -$1.39M -18,923 -13%
Bank of New York Mellon
28
Bank of New York Mellon
New York
$7.75M -$45.7K -623 -0.6%
Invesco
29
Invesco
Georgia
$7.7M +$4.3M +58,630 +121%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$6.8M +$1.14M +15,498 +20%
California Public Employees Retirement System
31
California Public Employees Retirement System
California
$6.31M -$1.73M -23,516 -21%
TCIM
32
TIAA CREF Investment Management
New York
$5.86M -$129K -1,754 -2%
Charles Schwab
33
Charles Schwab
California
$4.9M +$171K +2,335 +4%
DCLA
34
Douglas C. Lane & Associates
New York
$4.48M -$257K -3,495 -5%
GWM
35
Greenwich Wealth Management
Connecticut
$4.43M
BIM
36
BlackRock Investment Management
Delaware
$4.28M +$49.3K +671 +1%
PPA
37
Parametric Portfolio Associates
Washington
$4.24M -$162K -2,209 -4%
Deutsche Bank
38
Deutsche Bank
Germany
$3.83M +$1.21M +16,531 +45%
SG Americas Securities
39
SG Americas Securities
New York
$3.46M +$362K +4,926 +11%
Select Equity Group
40
Select Equity Group
New York
$3.26M -$196K -2,668 -6%
SIA
41
SeaBridge Investment Advisors
New Jersey
$3.21M -$1.91K -26 -0.1%
Arrowstreet Capital
42
Arrowstreet Capital
Massachusetts
$2.9M +$2.54M +34,621 +600%
NFA
43
Nationwide Fund Advisors
Ohio
$2.88M -$366K -4,984 -11%
New York State Common Retirement Fund
44
New York State Common Retirement Fund
New York
$2.51M +$2.57M +34,970 New
Bank of America
45
Bank of America
North Carolina
$2.46M -$2.44M -33,303 -49%
California State Teachers Retirement System (CalSTRS)
46
California State Teachers Retirement System (CalSTRS)
California
$2.28M +$10.6K +144 +0.5%
AllianceBernstein
47
AllianceBernstein
Tennessee
$2.03M -$299K -4,074 -13%
Two Sigma Investments
48
Two Sigma Investments
New York
$1.96M -$4.3M -58,558 -68%
MAA
49
Managed Account Advisors
New Jersey
$1.96M +$2M +27,207 New
Citadel Advisors
50
Citadel Advisors
Florida
$1.94M +$908K +12,376 +84%

SAFE Hedge Fund Activity: Q1 2014 in Review

146 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Safehold (SAFE) for Q1 2014, worth a combined $965M — down 46% from $1.8B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new SAFE positions and 17 closed out — a net gain of 5 holders — while 44 added to existing stakes and 57 trimmed.

The largest buyer was Advisory Research, opening a new position worth an estimated $29.6M. The largest seller was Corvex Management, cutting an estimated $18.2M.

  • 146 institutional investors held Safehold (SAFE) as of Q1 2014, up from 142 in Q4 2013.
  • Funds reported $965M of Safehold stock for Q1 2014, down 46% quarter-over-quarter.
  • 22 funds opened new Safehold positions in Q1 2014 and 17 closed out, a net change of +5 holders.
  • The largest Safehold buyer in Q1 2014 was Advisory Research, an estimated $29.6M added.
  • The largest Safehold seller in Q1 2014 was Corvex Management, an estimated $18.2M sold.

Based on aggregated 13F filings for Q1 2014.