SITE Centers
SITC
233 hedge funds and large institutions have $5.76B invested in SITE Centers in 2014 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 99 increasing their positions, 74 reducing their positions, and 31 closing their positions.
521% more call options, than puts
Call options by funds: $2.01M | Put options by funds: $323K
34% more repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 74
1.07% less ownership
Funds ownership: 71.65% → 70.57% (-1.1%)
2% less funds holding
Funds holding: 238 → 233 (-5)
8% less capital invested
Capital invested by funds: $6.28B → $5.76B (-$517M)
13% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 31
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$106M |
| 2 |
JP Morgan Chase
New York
|
+$80.3M |
| 3 |
Bank of New York Mellon
New York
|
+$49.4M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$46M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$43.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$219M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$138M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$53.5M |
| 4 |
Daiwa Securities Group
Tokyo,
Japan
|
-$47.6M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$33.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SLG
251
Stanley-Laman Group
Berwyn,
Pennsylvania
| – | -$280K | -13,194 | Closed |
|
252
Wellington Management Group
Boston,
Massachusetts
| – | -$251K | -11,828 | Closed |
|
|
CAM
253
Capstone Asset Management
Houston,
Texas
| – | -$234K | -11,011 | Closed |
|
254
Jane Street
New York
| – | -$192K | -9,063 | Closed |
|
|
PVH
255
Psagot Value Holdings
Tel Aviv,
Israel
| – | -$169K | -7,974 | Closed |
|
|
VAM
256
Visium Asset Management
New York
| – | -$170K | -7,974 | Closed |
|
|
PAM
257
Princeton Alpha Management
Princeton Junction,
New Jersey
| – | -$166K | -7,813 | Closed |
|
|
WF
258
WealthTrust Fairport
Cleveland,
Ohio
| – | -$43K | -2,017 | Closed |
|
|
QT
259
Quantbot Technologies
New York
| – | -$36K | -1,707 | Closed |
|
260
Envestnet Asset Management
Chicago,
Illinois
| – | -$19K | -875 | Closed |
|
|
GC
261
Globeflex Capital
San Diego,
California
| – | -$4K | -230 | Closed |
|
|
PFA
262
Paradigm Financial Advisors
Des Peres,
Missouri
| – | -$4K | -194 | Closed |
|
SITC Hedge Fund Activity: Q2 2014 in Review
233 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q2 2014, worth a combined $5.76B — down 8.2% from $6.28B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of SITC and 27 opened new positions — a net loss of 4 holders — while 74 trimmed existing stakes and 99 added.
The largest buyer was Deutsche Bank, adding an estimated $106M. The largest seller was Cohen & Steers, cutting an estimated $219M.
- 233 institutional investors held SITE Centers (SITC) as of Q2 2014, down from 238 in Q1 2014.
- Funds reported $5.76B of SITE Centers stock for Q2 2014, down 8.2% quarter-over-quarter.
- 27 funds opened new SITE Centers positions in Q2 2014 and 31 closed out, a net change of -4 holders.
- The largest SITE Centers buyer in Q2 2014 was Deutsche Bank, an estimated $106M added.
- The largest SITE Centers seller in Q2 2014 was Cohen & Steers, an estimated $219M sold.
Based on aggregated 13F filings for Q2 2014.