Safehold
SAFE
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.
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: 3 → 4 (+1)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
3% more funds holding
Funds holding: 142 → 146 (+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)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$29.6M |
| 2 |
LCP
Lombardia Capital Partners
Pasadena,
California
|
+$22.7M |
| 3 |
BC
BHR Capital
New York
|
+$21.9M |
| 4 |
BCM
Brigade Capital Management
New York
|
+$20.7M |
| 5 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$10.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$18.2M |
| 2 |
Barclays
London,
United Kingdom
|
-$8.7M |
| 3 |
Goldman Sachs
New York
|
-$8.56M |
| 4 |
Diamond Hill Capital Management
Columbus,
Ohio
|
-$8.3M |
| 5 |
VM
Valinor Management
New York
|
-$7.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$2.85M | -41,088 | Closed |
|
152
VanEck Associates
New York
| – | -$2.65M | -38,192 | Closed |
|
|
QI
153
QS Investors
New York
| – | -$2.3M | -33,055 | Closed |
|
154
Legal & General Group
London,
United Kingdom
| – | -$1.59M | -22,869 | Closed |
|
|
BCM
155
Bluefin Capital Management
New York
| – | -$1.2M | -16,330 | Closed |
|
|
FM
156
Forward Management
San Francisco,
California
| – | -$627K | -9,025 | Closed |
|
|
EMG
157
Ellington Management Group
Old Greenwich,
Connecticut
| – | -$601K | -8,649 | Closed |
|
158
Capital Fund Management (CFM)
Paris,
France
| – | -$328K | -4,723 | Closed |
|
159
JP Morgan Chase
New York
| – | -$258K | -3,721 | Closed |
|
|
OMCS
160
Old Mutual Customised Solutions
Pinelands,
South Africa
| – | -$141K | -2,034 | Closed |
|
|
LA
161
Linden Advisors
New York
| – | -$16K | -226 | Closed |
|
|
ITIM
162
Indiana Trust & Investment Management
Mishawaka,
Indiana
| – | -$4K | -64 | Closed |
|
163
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -24 | Closed |
|
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.