SELECT INCOME REIT
SIR
SIR was delisted on the 31st of December, 2018.
153 hedge funds and large institutions have $937M invested in SELECT INCOME REIT in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 92 increasing their positions, 20 reducing their positions, and 18 closing their positions.
1,657% more call options, than puts
Call options by funds: $10.9M | Put options by funds: $623K
360% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 20
44% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 18
30% more capital invested
Capital invested by funds: $720M → $937M (+$217M)
6% more funds holding
Funds holding: 145 → 153 (+8)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$50.2M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$35.9M |
| 3 |
JP Morgan Chase
New York
|
+$34.4M |
| 4 |
Millennium Management
New York
|
+$25.2M |
| 5 |
Nuveen
Charlotte,
North Carolina
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Indaba Capital Management
San Francisco,
California
|
-$41.9M |
| 2 |
NRC
North Run Capital
Boston,
Massachusetts
|
-$30.3M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$12.1M |
| 4 |
BC
BHR Capital
New York
|
-$6.26M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$6.23M |
SIR Hedge Fund Activity: Q2 2014 in Review
153 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in SELECT INCOME REIT (SIR) for Q2 2014, worth a combined $937M — up 30% from $720M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new SIR positions and 18 closed out — a net gain of 8 holders — while 92 added to existing stakes and 20 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $50.2M. The largest seller was Indaba Capital Management, exiting entirely with an estimated $41.9M sold.
- 153 institutional investors held SELECT INCOME REIT (SIR) as of Q2 2014, up from 145 in Q1 2014.
- Funds reported $937M of SELECT INCOME REIT stock for Q2 2014, up 30% quarter-over-quarter.
- 26 funds opened new SELECT INCOME REIT positions in Q2 2014 and 18 closed out, a net change of +8 holders.
- The largest SELECT INCOME REIT buyer in Q2 2014 was Fidelity Investments, an estimated $50.2M added.
- The largest SELECT INCOME REIT seller in Q2 2014 was Indaba Capital Management, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2014.