SELECT INCOME REIT
SIR
SIR was delisted on the 31st of December, 2018.
195 hedge funds and large institutions have $1.15B invested in SELECT INCOME REIT in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 94 increasing their positions, 59 reducing their positions, and 24 closing their positions.
59% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 59
9% more capital invested
Capital invested by funds: $1.06B → $1.15B (+$94M)
3% less funds holding
Funds holding: 202 → 195 (-7)
21% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 24
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
82% less call options, than puts
Call options by funds: $269K | Put options by funds: $1.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LSV Asset Management
Chicago,
Illinois
|
+$14.5M |
| 2 |
NI
Numeric Investors
Boston,
Massachusetts
|
+$13.8M |
| 3 |
Goldman Sachs
New York
|
+$10.4M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$8.76M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$7.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FM
Forward Management
San Francisco,
California
|
-$13.5M |
| 2 |
ESCM
Echo Street Capital Management
New York
|
-$7.71M |
| 3 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$6.56M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.32M |
| 5 |
Boston Partners
Boston,
Massachusetts
|
-$3.07M |
SIR Hedge Fund Activity: Q3 2016 in Review
195 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in SELECT INCOME REIT (SIR) for Q3 2016, worth a combined $1.15B — up 8.9% from $1.06B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of SIR and 19 opened new positions — a net loss of 5 holders — while 59 trimmed existing stakes and 94 added.
The largest buyer was LSV Asset Management, adding an estimated $14.5M. The largest seller was Forward Management, cutting an estimated $13.5M.
- 195 institutional investors held SELECT INCOME REIT (SIR) as of Q3 2016, down from 202 in Q2 2016.
- Funds reported $1.15B of SELECT INCOME REIT stock for Q3 2016, up 8.9% quarter-over-quarter.
- 19 funds opened new SELECT INCOME REIT positions in Q3 2016 and 24 closed out, a net change of -5 holders.
- The largest SELECT INCOME REIT buyer in Q3 2016 was LSV Asset Management, an estimated $14.5M added.
- The largest SELECT INCOME REIT seller in Q3 2016 was Forward Management, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2016.