SELECT INCOME REIT
SIR
SIR was delisted on the 31st of December, 2018.
192 hedge funds and large institutions have $856M invested in SELECT INCOME REIT in 2018 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 64 increasing their positions, 77 reducing their positions, and 28 closing their positions.
4% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 28
0% more funds holding
Funds holding: 192 → 192 (0)
17% less repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 77
24% less capital invested
Capital invested by funds: $1.13B → $856M (-$271M)
65% less call options, than puts
Call options by funds: $683K | Put options by funds: $1.93M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
+$14.7M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
+$12.3M |
| 3 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$5.09M |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$2.95M |
| 5 |
GAMC
Garner Asset Management Corp
Plano,
Texas
|
+$2.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$12.6M |
| 2 |
VCM
V3 Capital Management
Dallas,
Texas
|
-$10.8M |
| 3 |
Millennium Management
New York
|
-$9.58M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$6.55M |
| 5 |
Charles Schwab
San Francisco,
California
|
-$6.51M |
SIR Hedge Fund Activity: Q1 2018 in Review
192 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in SELECT INCOME REIT (SIR) for Q1 2018, worth a combined $856M — down 24% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SIR positions and 28 closed out — a net gain of 1 holder — while 64 added to existing stakes and 77 trimmed.
The largest buyer was Indaba Capital Management, opening a new position worth an estimated $14.7M. The largest seller was Vanguard Group, cutting an estimated $12.6M.
- 192 institutional investors held SELECT INCOME REIT (SIR) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $856M of SELECT INCOME REIT stock for Q1 2018, down 24% quarter-over-quarter.
- 29 funds opened new SELECT INCOME REIT positions in Q1 2018 and 28 closed out, a net change of +1 holder.
- The largest SELECT INCOME REIT buyer in Q1 2018 was Indaba Capital Management, an estimated $14.7M added.
- The largest SELECT INCOME REIT seller in Q1 2018 was Vanguard Group, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2018.