SELECT INCOME REIT
SIR
SIR was delisted on the 31st of December, 2018.
173 hedge funds and large institutions have $801M invested in SELECT INCOME REIT in 2015 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 82 increasing their positions, 43 reducing their positions, and 21 closing their positions.
91% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 43
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 21
5% more funds holding
Funds holding: 165 → 173 (+8)
13% less capital invested
Capital invested by funds: $918M → $801M (-$118M)
29% less call options, than puts
Call options by funds: $655K | Put options by funds: $922K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$41.7M |
| 2 |
Millennium Management
New York
|
+$12.6M |
| 3 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$12.1M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$10.1M |
| 5 |
ESCM
Echo Street Capital Management
New York
|
+$9.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMVA
New Mountain Vantage Advisers
New York
|
-$28.2M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.6M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$16.2M |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
-$8.46M |
| 5 |
CPIM
Columbia Partners Investment Management
Alexandria,
Virginia
|
-$8.36M |
SIR Hedge Fund Activity: Q2 2015 in Review
173 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in SELECT INCOME REIT (SIR) for Q2 2015, worth a combined $801M — down 13% from $918M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SIR positions and 21 closed out — a net gain of 8 holders — while 82 added to existing stakes and 43 trimmed.
The largest buyer was Vanguard Group, adding an estimated $41.7M. The largest seller was New Mountain Vantage Advisers, exiting entirely with an estimated $28.2M sold.
- 173 institutional investors held SELECT INCOME REIT (SIR) as of Q2 2015, up from 165 in Q1 2015.
- Funds reported $801M of SELECT INCOME REIT stock for Q2 2015, down 13% quarter-over-quarter.
- 29 funds opened new SELECT INCOME REIT positions in Q2 2015 and 21 closed out, a net change of +8 holders.
- The largest SELECT INCOME REIT buyer in Q2 2015 was Vanguard Group, an estimated $41.7M added.
- The largest SELECT INCOME REIT seller in Q2 2015 was New Mountain Vantage Advisers, an estimated $28.2M sold.
Based on aggregated 13F filings for Q2 2015.