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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
Diamond Hill Capital Management
1
Diamond Hill Capital Management
Ohio
$74.8M -$8.3M -113,063 -10%
VM
2
Valinor Management
New York
$70.7M -$7.39M -100,707 -9%
Vanguard Group
3
Vanguard Group
Pennsylvania
$63.9M +$1.66M +22,635 +3%
CS
4
Credit Suisse
Switzerland
$59.5M +$5.47M +74,528 +10%
BFA
5
BlackRock Fund Advisors
California
$57.2M +$3.45M +46,977 +6%
GA
6
GRS Advisors
Illinois
$45.2M +$2.55M +34,698 +6%
CM
7
Corvex Management
New York
$43.3M -$18.2M -247,277 -29%
BIT
8
BlackRock Institutional Trust
California
$34.4M -$452K -6,159 -1%
FCM
9
Force Capital Management
New York
$30.9M +$6.35M +86,495 +25%
MVM
10
McClain Value Management
Connecticut
$29.5M +$527K +7,176 +2%
AR
11
Advisory Research
Illinois
$28.9M +$29.6M +402,729 New
Blackstone Inc
12
Blackstone Inc
New York
$28.1M -$1.51M -20,544 -5%
BCM
13
Brigade Capital Management
New York
$25.8M +$20.7M +282,480 +367%
State Street
14
State Street
Massachusetts
$23.4M -$360K -4,901 -1%
LCP
15
Lombardia Capital Partners
California
$22.2M +$22.7M +309,222 New
BC
16
BHR Capital
New York
$21.4M +$21.9M +297,888 New
Northern Trust
17
Northern Trust
Illinois
$19M +$1.36M +18,494 +8%
Fidelity Investments
18
Fidelity Investments
Massachusetts
$19M -$6.41M -87,312 -25%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$17.6M +$5.05M +68,848 +39%
Barclays
20
Barclays
United Kingdom
$17M -$8.7M -118,557 -32%
Morgan Stanley
21
Morgan Stanley
New York
$16.7M -$4.69M -63,832 -22%
Goldman Sachs
22
Goldman Sachs
New York
$15.3M -$8.56M -116,592 -35%
RO
23
Reservoir Operations
New York
$15.1M
Norges Bank
24
Norges Bank
Norway
$12.2M
EAM
25
Eagle Asset Management
Florida
$10.2M +$10.4M +142,217 New

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.