SELECT INCOME REIT
SIR
SIR was delisted on the 31st of December, 2018.
145 hedge funds and large institutions have $719M invested in SELECT INCOME REIT in 2014 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 48 increasing their positions, 52 reducing their positions, and 7 closing their positions.
343% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 7
19% more funds holding
Funds holding: 122 → 145 (+23)
16% more capital invested
Capital invested by funds: $622M → $719M (+$97.2M)
8% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 52
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
NRC
North Run Capital
Boston,
Massachusetts
|
+$28.3M |
| 2 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$12.1M |
| 3 |
Morgan Stanley
New York
|
+$6.22M |
| 4 |
BC
BHR Capital
New York
|
+$5.86M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.18M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Federated Hermes
Pittsburgh,
Pennsylvania
| – | -$10K | -819 | Closed |
|
|
LTFS
152
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | +$336 | +27 | New |
|
SIR Hedge Fund Activity: Q1 2014 in Review
145 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SELECT INCOME REIT (SIR) for Q1 2014, worth a combined $719M — up 16% from $622M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SIR positions and 7 closed out — a net gain of 24 holders — while 48 added to existing stakes and 52 trimmed.
The largest buyer was North Run Capital, opening a new position worth an estimated $28.3M. The largest seller was Deutsche Bank, cutting an estimated $63.9M.
- 145 institutional investors held SELECT INCOME REIT (SIR) as of Q1 2014, up from 122 in Q4 2013.
- Funds reported $719M of SELECT INCOME REIT stock for Q1 2014, up 16% quarter-over-quarter.
- 31 funds opened new SELECT INCOME REIT positions in Q1 2014 and 7 closed out, a net change of +24 holders.
- The largest SELECT INCOME REIT buyer in Q1 2014 was North Run Capital, an estimated $28.3M added.
- The largest SELECT INCOME REIT seller in Q1 2014 was Deutsche Bank, an estimated $63.9M sold.
Based on aggregated 13F filings for Q1 2014.