SITE Centers
SITC
235 hedge funds and large institutions have $2.32B invested in SITE Centers in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 72 increasing their positions, 94 reducing their positions, and 28 closing their positions.
234% more call options, than puts
Call options by funds: $384K | Put options by funds: $115K
11% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 28
0% less funds holding
Funds holding: 236 → 235 (-1)
2.98% less ownership
Funds ownership: 117.99% → 115.01% (-3%)
12% less capital invested
Capital invested by funds: $2.63B → $2.32B (-$316M)
23% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$17.7M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$17.6M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$13.1M |
| 4 |
CCM
Cinctive Capital Management
New York
|
+$10.9M |
| 5 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$8.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$68.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.2M |
| 3 |
Morgan Stanley
New York
|
-$18M |
| 4 |
LIMS
Lasalle Investment Management Securities
Baltimore,
Maryland
|
-$15.5M |
| 5 |
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
|
-$14.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAS
251
Park Avenue Securities
New York
| – | -$175K | -16,388 | Closed |
|
|
JF
252
Jump Financial
Chicago,
Illinois
| – | -$169K | -15,883 | Closed |
|
|
CIP
253
Cornerstone Investment Partners
Atlanta,
Georgia
| – | -$164K | -15,413 | Closed |
|
|
PI
254
PEAK6 Investments
Chicago,
Illinois
| – | -$82.2K | -7,717 | Closed |
|
|
SWA
255
Sutton Wealth Advisors
Tampa,
Florida
| – | -$18.5K | -1,732 | Closed |
|
|
QL
256
Quarry LP
New York
| – | -$11.8K | -1,104 | Closed |
|
|
CS
257
Comerica Securities
Detroit,
Michigan
| – | -$4.14K | -385 | Closed |
|
|
EWA
258
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$3.06K | -302 | Closed |
|
|
CA
259
Clearstead Advisors
Cleveland,
Ohio
| – | -$1.08K | -101 | Closed |
|
|
AWM
260
Accurate Wealth Management
Wesley Chapel,
Florida
| – | -$770 | -78 | Closed |
|
|
FGAM
261
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$57 | -18 | Closed |
|
|
TWP
262
TFO Wealth Partners
Maumee,
Ohio
| – | -$29 | -6 | Closed |
|
263
Simplex Trading
Chicago,
Illinois
| – | +$883 | +87 | New |
|
SITC Hedge Fund Activity: Q1 2023 in Review
235 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SITE Centers (SITC) for Q1 2023, worth a combined $2.32B — down 12% from $2.63B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new SITC positions and 28 closed out — a net gain of 3 holders — while 72 added to existing stakes and 94 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $17.7M. The largest seller was Cohen & Steers, cutting an estimated $68.2M.
- 235 institutional investors held SITE Centers (SITC) as of Q1 2023, down from 236 in Q4 2022.
- Funds reported $2.32B of SITE Centers stock for Q1 2023, down 12% quarter-over-quarter.
- 31 funds opened new SITE Centers positions in Q1 2023 and 28 closed out, a net change of +3 holders.
- The largest SITE Centers buyer in Q1 2023 was JP Morgan Chase, an estimated $17.7M added.
- The largest SITE Centers seller in Q1 2023 was Cohen & Steers, an estimated $68.2M sold.
Based on aggregated 13F filings for Q1 2023.