Sears Holding Corporation
SHLD
SHLD was delisted on the 23rd of October, 2018.
106 hedge funds and large institutions have $224M invested in Sears Holding Corporation in 2017 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 23 reducing their positions, and 26 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
43% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 23
5% less funds holding
Funds holding: 111 → 106 (-5)
19% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 26
49% less call options, than puts
Call options by funds: $38.4M | Put options by funds: $75.2M
53% less capital invested
Capital invested by funds: $474M → $224M (-$250M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$3.92M |
| 2 |
CCP
Cyrus Capital Partners
New York
|
+$3.82M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$2.87M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.02M |
| 5 |
FCM
Force Capital Management
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCM
Fairholme Capital Management
South Miami,
Florida
|
-$21.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.96M |
| 3 |
State Street
Boston,
Massachusetts
|
-$2.23M |
| 4 |
GCP
GSA Capital Partners
London,
United Kingdom
|
-$1.54M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.18M |
SHLD Hedge Fund Activity: Q4 2017 in Review
106 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Sears Holding Corporation (SHLD) for Q4 2017, worth a combined $224M — down 53% from $474M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of SHLD and 21 opened new positions — a net loss of 5 holders — while 23 trimmed existing stakes and 33 added.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $3.92M. The largest seller was Fairholme Capital Management, cutting an estimated $21.9M.
- 106 institutional investors held Sears Holding Corporation (SHLD) as of Q4 2017, down from 111 in Q3 2017.
- Funds reported $224M of Sears Holding Corporation stock for Q4 2017, down 53% quarter-over-quarter.
- 21 funds opened new Sears Holding Corporation positions in Q4 2017 and 26 closed out, a net change of -5 holders.
- The largest Sears Holding Corporation buyer in Q4 2017 was Saba Capital Management, an estimated $3.92M added.
- The largest Sears Holding Corporation seller in Q4 2017 was Fairholme Capital Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q4 2017.