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SAFE

Safehold

140 hedge funds and large institutions have $714M invested in Safehold in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 41 increasing their positions, 54 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

6% less capital invested

Capital invested by funds: $756M → $714M (-$42.4M)

7% less funds holding

Funds holding: 150140 (-10)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

18% less call options, than puts

Call options by funds: $893K | Put options by funds: $1.09M

24% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 54

60% less funds holding in top 10

Funds holding in top 10: 52 (-3)

Holders
140
Holders Change
-10
Holders Change %
-6.67%
% of All Funds
3.49%
Holding in Top 10
2
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-60%
% of All Funds
0.05%
New
20
Increased
41
Reduced
54
Closed
23
Calls
$893K
Puts
$1.09M
Net Calls
-$194K
Net Calls Change
-$6.54M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$131M +$2.87M +49,939 +2%
Diamond Hill Capital Management
2
Diamond Hill Capital Management
Ohio
$88.5M +$664K +11,562 +0.8%
BlackRock
3
BlackRock
New York
$77.7M +$77.7M +1,351,886 +90,367%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$60M +$6.94M +120,881 +13%
UBS Group
5
UBS Group
Switzerland
$51.8M +$6.98M +121,465 +16%
VM
6
Valinor Management
New York
$46.4M -$1.99M -34,616 -4%
Goldman Sachs
7
Goldman Sachs
New York
$33.8M -$859K -14,955 -2%
REMS
8
Real Estate Management Services
$27.3M +$1.25M +21,827 +5%
State Street
9
State Street
Massachusetts
$17.2M +$430K +7,486 +3%
Citigroup
10
Citigroup
New York
$12M -$212K -3,694 -2%
Northern Trust
11
Northern Trust
Illinois
$10.4M +$290K +5,043 +3%
Norges Bank
12
Norges Bank
Norway
$9.07M +$177K +3,081 +2%
Loomis, Sayles & Company
13
Loomis, Sayles & Company
Massachusetts
$7.34M +$7.34M +127,743 New
Geode Capital Management
14
Geode Capital Management
Massachusetts
$6.14M +$42K +731 +0.7%
GCM
15
Glendon Capital Management
California
$5.65M
AllianceBernstein
16
AllianceBernstein
Tennessee
$5.25M -$38.4K -668 -0.7%
CA
17
Claar Advisors
New York
$5.24M +$5.25M +91,307 New
KIM
18
Kestrel Investment Management
California
$5.03M -$218K -3,801 -4%
PI
19
Putnam Investments
Massachusetts
$4.82M +$511K +8,893 +12%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$4.71M -$934K -16,265 -17%
CRIM
21
Castle Ridge Investment Management
Connecticut
$4.61M -$6.71M -116,815 -59%
Charles Schwab
22
Charles Schwab
California
$3.88M +$388K +6,746 +11%
California Public Employees Retirement System
23
California Public Employees Retirement System
California
$3.75M +$76.7K +1,335 +2%
RO
24
Reservoir Operations
New York
$3.27M
VRS
25
Virginia Retirement Systems
Virginia
$3.24M +$3.12M +54,320 +2,567%

SAFE Hedge Fund Activity: Q1 2017 in Review

140 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Safehold (SAFE) for Q1 2017, worth a combined $714M — down 5.6% from $756M a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of SAFE and 20 opened new positions — a net loss of 3 holders — while 54 trimmed existing stakes and 41 added.

The largest buyer was BlackRock, adding an estimated $77.7M. The largest seller was Lombardia Capital Partners, cutting an estimated $14.8M.

  • 140 institutional investors held Safehold (SAFE) as of Q1 2017, down from 150 in Q4 2016.
  • Funds reported $714M of Safehold stock for Q1 2017, down 5.6% quarter-over-quarter.
  • 20 funds opened new Safehold positions in Q1 2017 and 23 closed out, a net change of -3 holders.
  • The largest Safehold buyer in Q1 2017 was BlackRock, an estimated $77.7M added.
  • The largest Safehold seller in Q1 2017 was Lombardia Capital Partners, an estimated $14.8M sold.

Based on aggregated 13F filings for Q1 2017.