Sears Holding Corporation
SHLD
SHLD was delisted on the 23rd of October, 2018.
131 hedge funds and large institutions have $661M invested in Sears Holding Corporation in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 40 increasing their positions, 36 reducing their positions, and 21 closing their positions.
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
11% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 36
2% more funds holding
Funds holding: 129 → 131 (+2)
20% less capital invested
Capital invested by funds: $822M → $661M (-$161M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
63% less call options, than puts
Call options by funds: $70M | Put options by funds: $188M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Stonehill Capital Management
New York
|
+$11M |
| 2 |
Norges Bank
Oslo,
Norway
|
+$4.85M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$3.91M |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$1.36M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$1.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$19.7M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.61M |
| 3 |
CAM
Chou Associates Management
Toronto,
Ontario, Canada
|
-$3.42M |
| 4 |
OWIM
Old West Investment Management
Los Angeles,
California
|
-$2.96M |
| 5 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$1.4M |
SHLD Hedge Fund Activity: Q4 2016 in Review
131 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sears Holding Corporation (SHLD) for Q4 2016, worth a combined $661M — down 20% from $822M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SHLD positions and 21 closed out — a net gain of 5 holders — while 40 added to existing stakes and 36 trimmed.
The largest buyer was Stonehill Capital Management, opening a new position worth an estimated $11M. The largest seller was Horizon Kinetics, cutting an estimated $19.7M.
- 131 institutional investors held Sears Holding Corporation (SHLD) as of Q4 2016, up from 129 in Q3 2016.
- Funds reported $661M of Sears Holding Corporation stock for Q4 2016, down 20% quarter-over-quarter.
- 26 funds opened new Sears Holding Corporation positions in Q4 2016 and 21 closed out, a net change of +5 holders.
- The largest Sears Holding Corporation buyer in Q4 2016 was Stonehill Capital Management, an estimated $11M added.
- The largest Sears Holding Corporation seller in Q4 2016 was Horizon Kinetics, an estimated $19.7M sold.
Based on aggregated 13F filings for Q4 2016.